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Paradeep Phosphates Ltd

Registered Office : 5th Flr Orissa State Handloom,Pandit Jawaharlal Nehru Marg,Bhubaneswar Orissa 751001 Phone : 91-674-2393931 (10 lines)
Fax : 91-674-2391669/2392631/2394987

Email : cs.ppl@adventz.com

Website : www.paradeepphosphates.com

Initial public offer of 357,555,112* equity shares of face value of Rs. 10 each (the "Equity Shares") of Paradeep Phosphates Limited (the "Company" or the "Issuer") for cash at a price of Rs. 42 per equity share (including a share premium of Rs. 32 per equity share) (the "Offer Price") aggregating to Rs. 1501.73 crores comprising a fresh issue of 239,047,619* equity shares aggregating to Rs. 1004.00 crores (the "Fresh Issue") and an offer for sale of 118,507,493* equity shares aggregating to Rs. 497.73 crores comprising 6,018,493* equity shares aggregating to Rs. 25.28 crores by Zuari Maroc Phosphates Private Limited ("Zmppl") and 112,489,000* equity shares aggregating to Rs. 472.45 crores by the president of india, acting through the ministry of chemicals and fertilizers, government of india (the "GOI" and together with zmppl, the "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer for sale by the selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The face value of the equity shares is Rs. 10. The offer price is 4.2 times the face value of the equity shares. The offer shall constitute 43.90%of the post-offer paid up equity share capital of the company. *Subject to finalization of the basis of allotment Offer price: Rs.42 per equity share of fac value of Rs.10 each. The Offer Price is 4.2 times the face value of the equity shares.

Issue

Opens On

Closes On

17-May-2022

19-May-2022

Money Payable On

Application

Allotment

42.00

0.00

Minimum Application for shares in Nos : 350.0 Further Multiples of : 350.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

963.15

1,501.73

814.50

42.00

Axis Capital Ltd

ICICI Securities Ltd

JM Financial Ltd

SBI Capital Markets Ltd

Projects

Part-Financing the Acquisition of the Goa Facility

Repayment/Prepayment of certain of the Borrowings

General Corporate Purposes

Promoted By

Zuari Maroc Phosphates P Ltd

Zuari Chemical Ltd OCP S A

The President of India

Listing At

Registrar to the Issue

MUFG Intime India Pvt Ltd