Phoenix Overseas Ltd
Price Range
₹61 - ₹64
Min. Quantity
2,000
Closes on
24 September 2024
Min. investment
₹1,28,000/2,000 Shares
Phoenix Overseas Ltd IPO Timeline
Phoenix Overseas Limited was originally incorporated as a Private Limited Company in the name and style of 'Phoenix Commodity Export Private Limited' dated December 31, 2002, issued by the Registrar of Companies, Kolkata. Subsequently, Company name changed to Phoenix Overseas Private Limited and a fresh Certificate of Incorporation was issued by Registrar of Companies, Kolkata dated December 16, 2008. Thereafter, the status of Company subsequently converted into Public Limited and name of the Company was changed to 'Phoenix Overseas Limited' and a fresh Certificate of Incorporation dated November 14, 2011, was issued by Registrar of Companies, Kolkata.
| Event | Date |
|---|---|
| Phoenix Overseas Ltd IPO Opening Date | 20 September 2024 |
| Phoenix Overseas Ltd IPO Closing Date | 24 September 2024 |
| Basis of Allotment | 25 September 2024 |
| Initiation of Refunds | 26 September 2024 |
| Credit of Shares to Demat | 26 September 2024 |
| Phoenix Overseas Ltd IPO Listing Date | 27 September 2024 |
Phoenix Overseas Ltd IPO Details
| Phoenix Overseas Ltd IPO Date | 20 September 2024 to 24 September 2024 |
| Phoenix Overseas Ltd IPO Face Value | ₹10 per share |
| Phoenix Overseas Ltd IPO Price | ₹61 to ₹64 per share |
| Phoenix Overseas Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹36.03 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹29.31 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹6.72 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Aparesh Nandi, Jayanta Kumar Ghosh, Uday Narayan Singh |
Phoenix Overseas Ltd IPO Lot Size
The Phoenix Overseas Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,28,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,28,000 |
| Maximum | 1 | 2,000 | ₹1,28,000 |
- Strengths
- Risks
- Opportunities
- Experienced management team with proven project management and implementation skills.
- Strong presence in agro commodities trading segment.
- Long term relationship with clients and repeat business.
Company Financials
Phoenix Overseas Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2023 | 144.98 | 451.32 | 3.72 |
| 03-2022 | 92.95 | 377.97 | 3.60 |
| 03-2021 | 101.56 | 381.58 | 3.14 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding its working capital requirements
- Pursuing inorganic growth initiatives
- General corporate purposes
Phoenix Overseas Ltd IPO Promoter Holding
| Pre Issue Share Holding | 11.07% |
| Post Issue Share Holding | - |
Phoenix Overseas Ltd IPO Subscription Status (Bidding Detail)
The Phoenix Overseas Ltd IPO is subscribed 119.2284 times on 24 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 119.2284 |
Phoenix Overseas Ltd IPO Prospectus
Phoenix Overseas Ltd IPO Listing Date
| Listing Date | 27 September 2024 |
| BSE Script | 41221 |
| NSE Symbol | PHOGLOBAL |
| Listing In | NSE - SME |
| ISIN | INE0FPO01018 |
| IPO Price | ₹64 |
| Face Value | ₹10 |
Company Contact Information
13B, Bidhan Sarani Amherst St,Kolkata-700006
Phone: +91 33 2219 8752
Email: cs@phxglobal.net
Website: www.phxglobal.net
Phoenix Overseas Ltd IPO Registrar
Phoenix Overseas Ltd IPO Lead Manager(s)
- Khandwala Securities Ltd
FAQ
What is the issue size of Phoenix Overseas Ltd IPO?
I have pre-applied for Phoenix Overseas Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.