IPO

Phoenix Overseas Limited IPO

NSE SME

Listed On: Sep 27, 2024 at ₹ 64.0

₹ 128000 /2000 Shares

Check Allotment

Phoenix Overseas IPO Details

20 Sep, 2024

Open Date

24 Sep, 2024

Close Date

25 Sep, 2024

Allotment Date

27 Sep, 2024

Listing Date

Issue Price

₹61-64 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

List Price

64.0

Listing Date

2024-09-27

Market Lot

2000 Shares (₹128,000/-)

Lead Manager

Khandwala Securities Limited

Issue Size

5,630,000 shares(aggregating up to ₹36.03 Cr)

Retail Portion

35%

Subscription

125.52 times

IPO Docs

DRHP RHP

Phoenix Overseas IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved802,000 / 2,386,0002,246,0005,434,000
Day 1 - 20-09-24 06:00 PM1.07 / 0.20 x2.04 x1.09 x
Day 2 - 23-09-24 06:00 PM1.07 / 6.43 x35.82 x17.79 x
Day 3 - 24-09-24 06:00 PM65.91 / 114.74 x157.75 x125.52 x
Total No. of Applications: 1,66,682 (Approx)

Phoenix Overseas Valuations

EPS Pre IPO

₹3.72/-

EPS Post IPO

₹2.84/-

P/E Pre IPO

17.18

P/E Post IPO

22.51

RoNW

10.74%

Phoenix Overseas Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets13,162.5814,686.479,480.59
Revenue54,915.145,131.6137,828.19
Profit After Tax549.93375.48391.36

About The Company

Phoenix Overseas Limited trades and markets animal feeds, agricultural produce, and commodities, including corn, oil cakes, spices like dry red chillies, coriander, cumin seeds, food grains, tea, pulses, soya bean meal, and rice bran de-oiled cake. Phoenix Overseas Limited is a B2B trading company primarily specialising in corn/maize and oil cakes.

The company is involved in the manufacturing of bags for men and women made of jute, cotton, canvas, and leather, as well as various other fashion accessories. Their clients are based in European countries like France, Italy, Germany, the UAE, and also in Australia. The company's manufacturing facility is located in Sodhpur, Kolkata. Additionally, the company manufactures purses, wallets, as well as other shopping and fashion bags for its clients.

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Phoenix Overseas - Promoter(s)

Pre Issue Share Holding: 99.16%

Post Issue Share Holding: %

Company Promoter(s)

  1. Aparesh Nandi, Jayanta Kumar Ghosh and Uday Narayan Singh, BCPL Railway Infrastructure Limited, AN Dealers LLP, JKG Commercial LLP, UNS Commercial LLP and Tricon Logistics Engineering Consultancy Private Limited and Kanhai Singh Welfare Trust.

Phoenix Overseas IPO - Issue Objectives

  1. Funding the working capital requirements
  2. Pursuing inorganic growth initiatives
  3. General corporate purposes

Phoenix Overseas IPO - FAQs

Ans. Phoenix Overseas Limited IPO is a SME IPO. The issue is priced at ₹61-64 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 20, 2024, and closes on Sep 24, 2024. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Phoenix Overseas Limited IPO opens on Sep 20, 2024 and closes on Sep 24, 2024.

Ans. The size of Phoenix Overseas Limited IPO is 5,630,000 shares(aggregating up to ₹36.03 Cr).

Ans. The IPO price band is set between ₹61-64 per equity share.

Ans. To apply for Phoenix Overseas Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Phoenix Overseas Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Phoenix Overseas Limited IPO is Sep 25, 2024.

Ans. The Phoenix Overseas Limited IPO will be listed on Sep 27, 2024.

Ans. Follow the steps to check the allotment status for Phoenix Overseas Limited IPO here.