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.

Company Promoters:

1. Mr. Pradipkumar Karia
2. Mr. Chetan Karia
3. Mr. Vishal Karia

Company Financials:

ParticularsFor the year/period ended (Rs. in Lacs)
31-Dec-0931-Mar-0931-Mar-0831-Mar-0731-Mar-06
Total Income126,984.45121,009.6469,312.9741,421.45223.45
Profit After Tax (PAT)5,109.564,146.053,824.892,175.0941.47

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 Details

IPO Opening DateMar 11, 2010
IPO Closing DateMar 15, 2010
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹100 to ₹110 per equity share
Market Lot60 Shares
Min Order Quantity60 Shares
Listing AtBSE, NSE
Issue Size10,600,000 Eq Shares of ₹10
(aggregating up to ₹116.60 Cr)

Pradip Overseas IPO Lot Size

The Pradip Overseas IPO market lot size is 60 shares. A retail-individual investor can apply for up to 30 lots (1800 shares or ₹198,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum160₹6,600
Maximum301800₹198,000

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 Subscription Status (Bidding Detail)

The Pradip Overseas IPO is subscribed 14.08x times on Mar 15, 2010 18:30. The public issue subscribed 10.53x in the retail category, 8.57x in the QIB category, and 45.35x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

8.57x

NII

45.35x

RII

10.53x

Employee

0.09x

Total

14.08x

Pradip Overseas IPO Prospectus

Pradip Overseas IPO Rating

234
3.6
Rating:Rated 3.6 stars

Vote Here ...

Pradip Overseas IPO Listing Date

Listing DateMonday, April 5, 2010
BSE Script Code533178
NSE SymbolPRADIP
Listing InB
ISININE495J01015
IPO Price₹110 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹110.00
₹120.00
₹102.30
₹123.00
₹107.15
19,535,485
NSE
₹110.00
₹115.00
₹102.15
₹122.70
₹107.05
25,022,685

Pradip Overseas IPO Reviews / Ratings

  • Hem Securities - Subscribe

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
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

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

Pradip Overseas IPO FAQs

  1. What is Pradip Overseas IPO?

    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 equity 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.

  2. When Pradip Overseas IPO will open?

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

  3. What is the lot size of Pradip Overseas IPO?

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

  4. How to apply for Pradip Overseas IPO?

    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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Pradip Overseas IPO allotment?

    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.

  6. When is Pradip Overseas IPO listing date?

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

Pradip Overseas IPO Message Board

Ranked Members  Ranked Members

Loading...
290. N Shah |Jun 10, 2010 21:13
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 |May 12, 2010 15:34
is there anyone want to see my prediction on this page that is accurate.
288. sagar desai |May 4, 2010 11:42
pradip will come 128 in one week.It open chalange from inside company employee from changidar plant.
287. ds |Apr 28, 2010 11:40
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 |Apr 27, 2010 18:52
Look what I told u all that buy buy pradip as much as u can. From 85 to 103 in one go.
285. vijay |Apr 16, 2010 14:51
buy kaycee ind (504084)@ 4400 - 4500 short term tgt 6500
284. Ambani |Apr 15, 2010 20:57
Buy Buy Buy Pradip as much as u can
283. Ravi, Bangalore |Apr 13, 2010 18:07
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 |Apr 13, 2010 16:03
@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 |Apr 13, 2010 13:15
Chumma,
U r great..Abhi bata, why demand is less than supply??
280. Chumma |Apr 13, 2010 13:08
Hi 279
why this stock go down? the answer is : Demand is less than supply.
279. NARENDRA KARSANDAS BHERSAMWALA |Apr 12, 2010 13:55
ANYBODY PLEASE TEL ME WHY THIS STOCK GO DOWN?
278. sanjay jain |Apr 11, 2010 11:07
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 |Apr 10, 2010 19:45
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 |Apr 10, 2010 19:41

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 or HDIL trading at 292/-.
275. Ambani |Apr 10, 2010 07:30
Pradip overseas Ltd Mon to Friday buy as much as you can.
274. Bhavin |Apr 9, 2010 20:20
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 |Apr 9, 2010 15:02
can any one tell me why unitech is falling any news on the script
272. Pol Khol |Apr 9, 2010 12:18
@ 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 |Apr 8, 2010 17:55
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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