aradeep Phosphates IPO GMP is going to launch: – Paradeep Phosphates Company is launching its 1502 crore IPO, which has come on the market on May 17. Earlier, LIC’s IPOs were sold by the government, in which special discounts were given to LIC policyholders and employees. If you are willing to invest in IPO then both these IPOs can give better returns. The complete details of Pradeep phosphates IPO GMP are given below. Just read carefully and decide for yourself whether to invest in this IPO
About Paradeep Phosphates Company
Paradeep phosphates company was earlier a government company but now it is with Adventz Group. Paradeep Phosphates is a Non-Fertilizer Company.
Paradeep Phosphates Company mainly manufactures DAP, NPK, Potash, Sil Conditioner, and Gypsum. Its products are also famous by the name Navratna.
Paradeep Phosphates IPO is Good or Bad
Paradeep Phosphates IPO GMP Positive Points: –
- Invest in Pradeep phosphates IPO GMP for the long term rather than the short term.
- Do not invest money in this IPO for the short term in the opinion of Zee Business Experts.
- Due to the war between Russia and Ukraine, fertilizer companies will benefit, so in the opinion of experts, it would be right to invest in Pradeep phosphates IPO GMP.
- Paradeep Phosphates Company has an excellent financial track record.
- Paradeep Phosphates is an old company. And this company launched its IPO after almost 20 years after almost a long time.
- Paradeep phosphates has launched the IPO in the right way by the company, that too after the complete performance and after the profit of the company.
- Good valuation has been kept by Pradeep phosphates company which indicates growth.
Paradeep Phosphates IPO GMP Negative Points:-
- There is also a negative point for Pradeep phosphates IPO and that is that almost all the raw material in this company is imported from outside.
- The intervention of the Government of India is going to be and new policies can also be made.
- There may be more interference from the government on supply, price, and subsidy.
The opinion of experts is that barring minor apprehensions, there is an excellent chance to invest in Paradeep Phosphates IPO GMP. Here the benefits are more visible than the disadvantages of investing.