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LISTEDSME

Phoenix Overseas IPO

Open 20th Sep 2024 · Close 24th Sep 2024 · Listing 27th Sep 2024

Price Band₹61.00–₹64.00
Live GMP₹15.00
Subscription119.22×
Issue Size₹36.03 Cr
Allotment25th Sep 2024

At a glance

Updated 2026-08-24

Phoenix 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 ↗
Total119.22×

Lot size

InvestorLotsSharesAmount
Minimum Bid12000₹128,000

Company

Use of proceeds

ObjectAmount
Funding our working capital requirements₹10.00 Cr
Investment in Subsidiary₹6.00 Cr
General corporate purposes₹8.59 Cr

31 Mar 2022

Assets94.81
Total Income378.28
Profit After Tax3.91
NET Worth42.47
Reserves and Surplus37.54
Total Borrowing29.81

31 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
Trend chart₹ crore

KPIs

KPIMar 31, 2024
ROE10.74%
ROCE15.28%
Debt / Equity0.59%
RoNW10.74%
PAT Margin0.98%

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.

Issue expenses

ExpenseAmount
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 2026-08-24.