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Clarence Chu
  • Clarence Chu

ECM Weekly (29th May 2022)

Aequitas Research publishes weekly updates on the deals that have been covered by the team recently along with updates for upcoming IPOs in the past week.

Clarence Chu
  • Clarence Chu

Paradeep Phosphates IPO

Paradeep Phosphates is looking to raise up to US$194m in its India IPO. The IPO will consist of a mix of primary and secondary shares. Paradeep Phosphates (PP) is a fertilizer manufacturing company based in India. The firm engages in manufacturing, trading, distribution and sales of a variety of complex fertilizers. PP has a vertically integrated model with long term agreements for raw material supply stability. Given the volume-dependent nature for growth, PP has also managed to grow its vo...

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