Pradip Overseas Limited IPO (Pradip Overseas IPO) Detail

Mar 11, 2010 - Mar 15, 2010

Incorporated in 1980, Pradip Overseas Limited is the textile manufacturer with niche focus on Home Linen Products. Company sale its products in domestic market as well as more than twenty countries around the world.

Company manufacturer and export home textile, home decor and home furnishings. Company's home furnishing range includes table linen, bed spreads, quilts, cushion covers and curtains.

Pradip Overseas is an ISO 9001:2000 certified company. Its existing facility is located at Changodar near Ahmedabad in Gujarat.

Pradip Overseas IPO Details

IPO Date	Mar 11, 2010 to Mar 15, 2010
Listing Date	Apr 5, 2010
Face Value	₹10 per share
Price	₹100 to ₹110 per share
Lot Size	60 Shares
Total Issue Size	10,600,000 shares (aggregating up to ₹116.60 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE

Pradip Overseas IPO Reservation

QIB Shares Offered	5,050,000 (47.64%)
NII (HNI) Shares Offered	1,515,000 (14.29%)
Retail Shares Offered	3,535,000 (33.35%)
Total Shares Offered	10,600,000

Pradip Overseas IPO Lot Size

The Pradip Overseas IPO lot size is 60 shares.

Application	Lots	Shares	Amount
Retail (Min)	1	60	₹6,600
Retail (Max)	30	1800	₹198,000
Lot Size Calculator

Company Financials

Particulars	For the year/period ended (Rs. in Lacs)
	31-Dec-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06
Total Income	126,984.45	121,009.64	69,312.97	41,421.45	223.45
Profit After Tax (PAT)	5,109.56	4,146.05	3,824.89	2,175.09	41.47

Objects of the Issue

The object of the issue are:

1. To part finance the setting up the Proposed Manufacturing Facility within the Proposed Textile SEZ;
2. To part finance the incremental margin money requirement for working capital;
3. To meet Issue expenses.

Pradip Overseas IPO Subscription Status (Bidding Detail)

The Pradip Overseas IPO is subscribed 14.08 times on Mar 15, 2010 6:30:00 PM. The public issue subscribed 10.53 times in the retail category, 8.57 times in the QIB category, and 45.35 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category	Subscription (times)
QIB	8.57
NII	45.35
Retail	10.53
Employee	0.09
Total	14.08

Pradip Overseas Limited IPO Grading / Rating

ICRA Limited assigned IPO Grade 2 (indicating below average fundamentals) to Pradip Overseas Limited.

ICRA assigns IPO gradings on a scale of IPO Grade 5 through to IPO Grade 1, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals.

Pradip Overseas IPO Prospectus

› Pradip Overseas IPO DRHP
› Pradip Overseas IPO RHP

Pradip Overseas IPO Rating

234

3.6

Rating:

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Pradip Overseas IPO Listing Details

Listing Date	Apr 5, 2010
BSE Script Code	533178
NSE Symbol	PRADIP
ISIN	INE495J01015
Final Issue Price	₹110 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade

BSE
₹110.00
₹120.00
₹102.30
₹123.00
₹107.15

NSE
₹110.00
₹115.00
₹102.15
₹122.70
₹107.05

Check IPO Performance…

Company Contact Information

Pradip Overseas Limited
A/601, Narnarayan Complex,
Near Swastik Cross Roads, Navrangpura,
Ahmedabad - 380 009, Gujarat, India
Phone: +91-79-2643 1594
Email: investor@pradipoverseas.com
Website: http://www.pradipoverseas.com

Pradip Overseas IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: pradip.ipo@intimespectrum.com
Website: https://linkintime.co.in/

Pradip Overseas IPO Analysis

Pradip Overseas IPO Recommendation Summary

Review By	Subscribe	Neutral	Avoid
Brokers	1	0	0
Members	0	0	0

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Pradip Overseas IPO Lead Manager(s)

Anand Rathi Securities Limited (Past IPO Performance)

Lead Manager Reports

Pradip Overseas IPO FAQs

Pradip Overseas IPO is a main-board IPO of 10,600,000 equity shares of the face value of ₹10 aggregating up to ₹116.60 Crores. The issue is priced at ₹100 to ₹110 per share. The minimum order quantity is 60 Shares.

The IPO opens on Mar 11, 2010, and closes on Mar 15, 2010.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Pradip Overseas IPO opens on Mar 11, 2010 and closes on Mar 15, 2010.

Pradip Overseas IPO lot size is 60 Shares and the minimum order quantity is .

You can apply in Pradip Overseas IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Pradip Overseas IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Pradip Overseas IPO allotment status.

The Pradip Overseas IPO listing date is on Apr 5, 2010.

Pradip Overseas IPO Message Board

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290 Comments

290. N Shah | Link |Jun 10, 2010 8:13:05 PM

Pls note that there is no respite for the real investor, once or tiwice price is surged and hence now only operator group short the scrip and will accumulate at 60-65 and than they will lift the price at around 120, double profit for interested group of people,

289. ds | Link |May 12, 2010 2:34:37 PM

is there anyone want to see my prediction on this page that is accurate.

288. sagar desai | Link |May 4, 2010 10:42:20 AM

pradip will come 128 in one week.It open chalange from inside company employee from changidar plant.

287. ds | Link |Apr 28, 2010 10:40:35 AM

yesterday's pradip movement was fraud due to my short position of 3700 shares today it will reach upto its its real rate of 90 less

thanks

286. Ambani | Link |Apr 27, 2010 5:52:59 PM

Look what I told u all that buy buy pradip as much as u can. From 85 to 103 in one go.

285. vijay | Link |Apr 16, 2010 1:51:43 PM

buy kaycee ind (504084)@ 4400 - 4500 short term tgt 6500

284. Ambani | Link |Apr 15, 2010 7:57:25 PM

Buy Buy Buy Pradip as much as u can

283. Ravi, Bangalore | Link |Apr 13, 2010 5:07:48 PM

Pradip 90- Target 78.25, 66.25 or even below 44.

As long as it does not close above 101.4, it will witness selling pressure.

Need to check fundamentals also in addition to this analysis.

282. Rajesh singla | Link |Apr 13, 2010 3:03:49 PM

@Lata
Np..
Just as an added info, pls never panic to exit a position specially if u r not heavily invested in it after reading anyone views whomsoever it may be..:)
Happy Investing

281. Raju | Link |Apr 13, 2010 12:15:21 PM

Chumma,
U r great..Abhi bata, why demand is less than supply??

280. Chumma | Link |Apr 13, 2010 12:08:36 PM

Hi 279
why this stock go down? the answer is : Demand is less than supply.

279. NARENDRA KARSANDAS BHERSAMWALA | Link |Apr 12, 2010 12:55:57 PM

ANYBODY PLEASE TEL ME WHY THIS STOCK GO DOWN?

278. sanjay jain | Link |Apr 11, 2010 10:07:27 AM

iska satta ahmdabad ka hai.public kp topi pehna kar chidiya ho jayegi furrrrrrrrrrrrrrrrrrrrrrrrr.beecho so nihalllllllll.pradip.ganesh,goenka jaise share publc ka paisa loot kar furrrrrrrr ho jate hai. kuch samay bad delist hi hone wale hai. PAHLE BHI NA JANE KITNI COMP. GAYAB HO GAYI JINKA AAJ TAK AATA PATA NAHI HAI.

277. Ajayshare | Link |Apr 10, 2010 6:45:55 PM

Ans. to 274/Amit : unitech going down because this is the weakest share in the property market and interest will go up any day in next 15 days. If any one want to buy property share then buy Orbit trading at 292/- or HDIL 302/-.

276. Ajayshare | Link |Apr 10, 2010 6:41:24 PM

275. Ambani | Link |Apr 10, 2010 6:30:21 AM

Pradip overseas Ltd Mon to Friday buy as much as you can.

274. Bhavin | Link |Apr 9, 2010 7:20:32 PM

I have never seen an IPO getting oversubscribed 40 times & then trading so badly, that too below the issue price.

Guys its time to raise our bar & avaoid such IPOs so that the promoters understand that investors are not fools.

Am sure the promoters would have partied throughout the nite on the listing date with our hard earned money.

273. amit | Link |Apr 9, 2010 2:02:34 PM

can any one tell me why unitech is falling any news on the script

272. Pol Khol | Link |Apr 9, 2010 11:18:01 AM

@ 268. TR

Bechara TR baukhla gaya hai .... hota hai ... sapne dekh raha hai ki Pradip will bounce ... beta soo jaa aur sapne dekh ... aur bhokna band kar.

BTW - i have no shares of such nonsense company...this is for stupid ppl like TR (poor chap)

271. annu | Link |Apr 8, 2010 4:55:22 PM

yeh Farzi log hai jo invester ko lootnai ayi hai!

Please escape with them.

Today, I sold one lot of Pradeep share@ 103 and booked loss Rs.7 per share.

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