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Phoenix Overseas Ltd

Phoenix Overseas Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹64
₹64
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹64
Based on GMP
Min. Investment
₹128,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
20 Sep 2024
Close Date
24 Sep 2024
Allotment
25 Sep 2024
Listing Date
27 Sep 2024
Exchange
NSE SME
Price Band
₹64
Listing Price
See chart
Allotment Status
Price Band
₹64
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
56,30,000 shares (aggregating up to ₹36.03 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹128,000
1 lot
Pre-IPO Holding
1,47,66,018 shares
Promoters
Post-IPO Holding
1,93,46,018 shares
Promoters
P/E (Pre)
17.18x
 
P/E (Post)
22.51x
 
EPS (Pre)
₹3.72
 
EPS (Post)
₹2.84
 
UPI Deadline
2024-09-24
Mandate
Anchor AllotmentThu, 19 Sep 2024
Basis of AllotmentWed, 25 Sep 2024
Refund InitiationThu, 26 Sep 2024
Demat CreditThu, 26 Sep 2024
Listing DayFri, 27 Sep 2024
UPI Mandate Deadline2024-09-24
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public53,48,000 shares (aggregating up to ₹34.23 Cr)
Market Maker Quota2,82,000 shares (aggregating up to ₹1.80 Cr)
Fresh Issue Shares42,98,000 shares (aggregating up to ₹27.51 Cr)
Offer for Sale10,50,000 shares of ₹10 (aggregating up to ₹6.72 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Phoenix Overseas Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 24 Sep 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
282,000
₹1.80
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,630,000
100% ₹36.03
IPO Shares Offered
Phoenix Overseas Ltd IPO total issue size: ₹36.03 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 282,000 ₹1.80
5.01%
Total 5,630,000 ₹36.03
100.00%
* Based on upper price band ₹64 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹64.00
Upper Band
Min Investment
₹128,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹256,000
Retail (Max — 13 Lots)1326,000₹1,664,000
S-HNI (Min — 14 Lots)1428,000₹1,792,000
B-HNI (Min — 68 Lots)68136,000₹8,704,000
* Issue Price ₹64 × Lot Size 2,000 shares
IPO Schedule
Anchor
19 Sep 2024
✓ Done
IPO Open
20 Sep 2024
✓ Done
IPO Close
24 Sep 2024
✓ Done
Allotment
25 Sep 2024
✓ Done
Refunds
26 Sep 2024
✓ Done
Demat Credit
26 Sep 2024
✓ Done
Listing Day
27 Sep 2024
✓ Done
Phoenix Overseas Ltd — Live Price LIVE
₹64.00
INR · NSE
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Issue ₹64.00 Live Price
About Phoenix Overseas Ltd
Incorporated in December 2002, 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.Competitive StrengthThe company's strong presence in agro commodities trading allows it to switch between exports and imports based on changes in demand or pricing for any commodity during any season.The company's clients are nationwide and international and have been long-term partners.As of September 2024, the company had 29 employees and 3 contractual employees, including its directors, responsible for various business functions.
Objects of the Issue
1
Funding the working capital requirements
2
Pursuing inorganic growth initiatives
3
General corporate purposes
Phoenix Overseas Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹37,828.2
31 Mar 2022
₹45,131.6
31 Mar 2023
₹54,915.1
31 Mar 2024
Profit After Tax (PAT)
₹391.4
31 Mar 2022
₹375.5
31 Mar 2023
₹549.9
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 54915.10 45131.61 37828.19
EBITDA N/A N/A N/A
Profit After Tax (PAT) 549.93 375.48 391.36
Net Worth 5012.26 4570.52 4246.59
Total Assets 13162.58 14686.47 9480.59
Reserves & Surplus 4520.06 4078.32 3754.39
Borrowings 2937.11 3447.24 2981.26
EBITDA Margin (%) N/A
PAT Margin (%) 0.98%
RoE
10.74%
RoCE
15.28%
RoNW
10.74%
PAT Margin
0.98%
Debt/Equity
0.59
Issue Structure & Shareholding
Total Shares Offered56,30,000 (100.00%)
Net Offer to Public53,48,000 shares (aggregating up to ₹34.23 Cr)
Reserved for Market Maker2,82,000 shares (aggregating up to ₹1.80 Cr)
Pre-Issue Promoter Holding1,47,66,018 shares
Post-Issue Promoter Holding1,93,46,018 shares
P/BV RatioN/A
RoE10.74%
RoCE15.28%
Debt / Equity0.59
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Khandwala Securities Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Phoenix Overseas Ltd IPO subscribed?

Phoenix Overseas Ltd IPO is subscribed 1.00 times by Sep 24, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Phoenix Overseas Ltd IPO retail subscription status?

The Phoenix Overseas Ltd IPO retail category is subscribed 1.00 times as of 24 Sep 2024. The retail portion is oversubscribed.

How to subscribe Phoenix Overseas Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 20 Sep 2024 and closes 24 Sep 2024. Min investment: ₹128,000 (1 lot = 2,000 shares). UPI mandate: 2024-09-24.

How many times Phoenix Overseas Ltd IPO subscribed?

The Phoenix Overseas Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Phoenix Overseas Ltd IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd.) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 25 Sep 2024. Refunds: on 26 Sep 2024.

When Phoenix Overseas Ltd IPO will be listed?

The Phoenix Overseas Ltd IPO listing date is 27 Sep 2024, Friday. Listed on: NSE SME. Issue price: ₹64. Estimated listing: ₹64. GMP: NIL.

When Phoenix Overseas Ltd IPO close?

The Phoenix Overseas Ltd IPO closes on 24 Sep 2024, Tuesday. UPI mandate: 2024-09-24. Allotment: 25 Sep 2024. Listing: 27 Sep 2024.