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Phoenix Overseas Limited IPO

Phoenix Overseas Limited IPO

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Listing Date :
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Listed Price: ₹ 64.00 (+0.00%)

Phoenix Overseas Limited's achieved publicly listed status following its IPO debut on 27-09-2024 at the NSE platform. The offering successfully mobilized 56,30,000 Shares, with 45,80,000 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹61 to ₹64, starting from minimum lots of 2000 shares. The subscription window from 20-09-2024 through 24-09-2024 enabled investor participation across market segments.

Share allocation was completed on 25-09-2024, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Phoenix Overseas IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Phoenix Overseas IPO Key Performance Indicator
Company Financials ( in Lakhs )

Phoenix Overseas IPO About Company

Phoenix Overseas Limited, established in December 2002, is a B2B trading company specializing in animal feeds, agricultural produce, and commodities like corn, oil cakes, spices (such as dry red chillies, coriander, and cumin seeds), food grains, pulses, and tea. It also manufactures jute, cotton, canvas, and leather bags, along with fashion accessories like purses and wallets for clients in Europe, the UAE, and Australia. Based in Sodhpur, Kolkata, the company stands out for its ability to switch between exports and imports based on market demand and pricing. Serving both national and international long-term clients, Phoenix Overseas Limited employs 29 people and 3 contractual staff as of September 2024.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Phoenix Overseas IPO Strength Factors

  1. Skilled Leadership: Phoenix Overseas Limited is backed by an experienced management team with strong expertise in project execution and operations.
  2. Agro Trading Expertise: The company has a strong foothold in agro commodities trading, giving it the flexibility to navigate market trends effectively.
  3. Trusted Client Partnerships: With long-term relationships built over time, Phoenix enjoys repeat business from loyal clients, ensuring steady growth.



Phoenix Overseas IPO Risk Factors

  1. Dependence on Bangladesh Market: Relying heavily on exports to Bangladesh means the company is exposed to risks from economic shifts, regulatory changes, and political uncertainties in the country.
  2. Revenue from Key Customers: A large share of the company’s earnings comes from a few major clients, so any drop in sales from them could impact overall business performance.
  3. Regulatory Compliance Delays: The company has faced delays in filing certain required forms under the Companies Act, which could affect its regulatory standing.



Phoenix Overseas IPO Lead Manager(s)

  • Khandwala Securities Limited

Phoenix Overseas IPO Promoter(s)

  1. Aparesh Nandi
  2. Jayanta Kumar Ghosh
  3. Uday Narayan Singh
  4. BCPL Railway Infrastructure Limited
  5. AN Dealers LLP
  6. JKG Commercial LLP
  7. UNS Commercial LLP
  8. Tricon Logistics Engineering Consultancy Private Limited
  9. Kanhai Singh Welfare Trust.



Phoenix Overseas IPO Company Details

Phoenix Overseas Limited
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Phoenix Overseas IPO Registrar

Cameo Corporate Services Limited
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Phoenix Overseas IPO FAQs