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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