| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹36.03 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹36.03 Cr |
| Fresh Issue | ₹27.51 Cr |
| Offer for Sale | ₹6.72 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน61.00-64.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | PHOGLOBAL |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Khandwala Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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 Strength
As of September 2024, the company had 29 employees and 3 contractual employees, including its directors, responsible for various business functions.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding our working capital requirements | 10.00 |
| 2 | Investment in Subsidiary | 6.00 |
| 3 | General corporate purposes | 8.59 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 131.63 | 146.86 | 94.81 |
| Total Income | 549.15 | 451.32 | 378.28 |
| Profit After Tax | 5.50 | 3.75 | 3.91 |
| NET Worth | 50.12 | 45.71 | 42.47 |
| Reserves and Surplus | 45.20 | 40.78 | 37.54 |
| Total Borrowing | 29.37 | 34.47 | 29.81 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 10.74% |
| ROCE | 15.28% |
| Debt / Equity | 0.59% |
| RoNW | 10.74% |
| PAT Margin | 0.98% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.72 | 2.84 |
| P/E (x) | 17.18 | 22.51 |
| Promoter Holding | 99.16% | 70.26% |
| Market Cap | โน123.81 Cr. | |