Phoenix Overseas Limited (NSE SME)
Sep 20, 2024 - Sep 24, 2024
Price | ₹61 - ₹64 |
Premium | ₹15 |
---|---|
Lot size | 2000 |
Allotment | Sep 25, 2024 |
Listing | Sep 27, 2024 |
Category | Lot(s) | Qty | Amount | Reserved |
---|---|---|---|---|
Retail | 1 | 2000 | 128000 | 1124 |
HNI | 2 | 4000 | 256000 | 1150 |
Last updated on 24-Sep-2024 18:27:02
Category | Offered | Applied | Times |
---|---|---|---|
QIB | 800000 | 52724000 | 65.91 |
NIB | 2300000 | 263910000 | 114.74 |
RETAIL | 2248000 | 354622000 | 157.75 |
Total | 5348000 | 671256000 | 125.52 |
Retail Apps | 177311 | © IPO Premium |
HNI Interest Cost Per Share (7 Days) | |||||
---|---|---|---|---|---|
@7% ₹9.86 | @8% ₹11.27 | @9% ₹12.67 | @10% ₹14.08 | @11% ₹15.49 | @12% ₹16.9 |
Phoenix Overseas IPO Details
Issue Size | 5,630,000 shares (aggregating up to ₹36.03 Cr) |
Fresh Issue | 4,580,000 shares (aggregating up to ₹29.31 Cr) |
Offer for Sale | 1,050,000 shares of ₹10 (aggregating up to ₹6.72 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 14,766,018 |
Share holding post issue | 19,346,018 |
Market Maker portion | 196,000 shares Nikunj Stock Brokers |
Phoenix Overseas IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 15.00% of the Net Issue |
Retail Shares Offered | Not less than 42.00% of the Net Issue |
NII (HNI) Shares Offered | Not less than 43.00% of the Net Issue |
Key Performance Indicator
KPI | Mar-24 | Mar-23 | Mar-22 |
---|---|---|---|
ROE | 10.74% | 8.13% | 9.20% |
ROCE | 15.28% | 14.58% | 12.42% |
RONW | 10.74% | 8.13% | 9.20% |
D/E | 0.59 | 0.75 | 0.7 |
EPS (Diluted) | 3.72 | 2.54 | 2.65 |
P/E Pre IPO | 17.18 | ||
P/E Post IPO | 22.51 |
Company Financials
Phoenix Overseas Limited Financial Information (Restated Consolidated)
Phoenix Overseas Limited's revenue increased by 22% and profit after tax (PAT) rose by 46% between the financial year ending with March 31, 2024 and March 31, 2023.
Period | Mar 2024 | Mar 2023 | Mar 2022 | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | 13,162.58 | 14,686.47 | 9,480.59 | |||||||||||||||||||||||||||
Revenue | 54,915.1 | 45,131.61 | 37,828.19 | |||||||||||||||||||||||||||
Profit | 549.93 | 375.48 | 391.36 | |||||||||||||||||||||||||||
Net Worth | 5,012.26 | 4,570.52 | 4,246.59 | |||||||||||||||||||||||||||
Reserves | 4,520.06 | 4,078.32 | 3,754.39 | |||||||||||||||||||||||||||
Borrowing | 2,937.11 | 3,447.24 | 2,981.26 | |||||||||||||||||||||||||||
Amount in ₹ Lakhs |
About Company
Khandwala Securities Limited
Experienced Management: The Company has a skilled management team with strong project management and implementation capabilities.
Agro Commodities Expertise: Phoenix Overseas Limited has a solid presence in the agro commodities trading segment, allowing flexibility in market operations.
Long-term Client Relationships: The company enjoys long-standing partnerships with clients, leading to consistent repeat business.
Exposure to Bangladesh Market: Heavy reliance on exports to Bangladesh subjects the company to risks from changing economic, regulatory, and political conditions.
Customer Concentration: A significant portion of revenue depends on a few key customers, making the company vulnerable to declines in sales from any of them.
Compliance Delays: The company has experienced delays in filing required forms under the Companies Act, which may impact regulatory compliance.
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/