31 Mar 2022
Assets94.81
Total Income378.28
Profit After Tax3.91
NET Worth42.47
Reserves and Surplus37.54
Total Borrowing29.81
At a glance
Updated 2026-09-13Phoenix Overseas is a SME IPO with an issue size of ₹36.03 crore, proposed for listing on NSE SME. The offer opens on 20th Sep 2024 and closes on 24th Sep 2024. The issue structure includes a fresh issue of ₹27.51 crore and an offer-for-sale component of ₹6.72 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹36.03 Cr
Fresh issue₹27.51 Cr
Offer for sale₹6.72 Cr
Face value₹10
Price band₹61.00–₹64.00
Allotment25th Sep 2024
Listing27th Sep 2024
Grey market
GMP page ↗Latest GMP₹15.00
GMP / upper price23.44%
Est. listing₹79.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens20th Sep 2024
Closes24th Sep 2024
Allotment25th Sep 2024
Refund26th Sep 2024
Demat26th Sep 2024
Listing27th Sep 2024
Subscription demand
Full bidding ↗Total121.14×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹128,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding our working capital requirements | ₹10.00 Cr |
| Investment in Subsidiary | ₹6.00 Cr |
| General corporate purposes | ₹8.59 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue549.15₹ Cr · +21.7% vs prior year
PAT5.50₹ Cr · +46.7% vs prior year
Assets131.63₹ Cr · -10.4% vs prior year
Net Worth50.12₹ Cr · +9.6% vs prior year
Borrowing29.37₹ Cr · -14.8% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets146.86
Total Income451.32
Profit After Tax3.75
NET Worth45.71
Reserves and Surplus40.78
Total Borrowing34.47
31 Mar 2024
Assets131.63
Total Income549.15
Profit After Tax5.50
NET Worth50.12
Reserves and Surplus45.20
Total Borrowing29.37
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 10.74% |
| ROCE | 15.28% |
| Debt / Equity | 0.59% |
| RoNW | 10.74% |
| PAT Margin | 0.98% |
Valuation & shareholding
Pre-IPO EPS3.72
Post-IPO EPS2.84
Pre-IPO P/E17.18
Post-IPO P/E22.51
Promoter holding pre99.16%
Promoter holding post70.26%
Market cap₹123.81 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Phoenix Overseas IPO | — | 22.51 x | — | — |
| Farm Peace IPO | — | 16.12 x | — | — |
| Dhanwel Hybrid IPO | — | 14.74 x | — | — |
| Adon Agro IPO | — | 6.42 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLM and commissions (including underwriting commission, brokerage and selling commission) | ₹1.26 Cr |
| Selling Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer and fee payable to the Sponsor Bank for Applications made by RIIs. Brokerage, underwriting commission and selling commission and applying charges for Members of the Syndicate, Registered Brokers, CRTAs and CDPs (2)(3)(4)(5)(6) | ₹3.02 Cr |
| Fees payable to the Registrar of the Offer | ₹0.05 Cr |
| Fees payable to the other advisors to the Offer/ Company | ₹0.03 Cr |
| a. Listing fees, SEBI fees, Stock Exchange processing fees, ASBA software fees, and other regulatory expenses | ₹0.08 Cr |
| b. Printing and distribution of Offer Stationery | ₹0.01 Cr |
| c. Advertising and Marketing Expenses | ₹0.17 Cr |
| d. Fees payable to the Legal Advisor to the Offer | ₹0.07 Cr |
| e. Miscellaneous | ₹0.02 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Khandwala Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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