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Axis Securities' IPO Report
Paradeep Phosphates Ltd. is the second largest private sector manufacturer of non urea fertilisers in India and second largest in terms of Di-Ammonium Phosphate volume sales for the nine months ended December 31, 2021.
Paradeep Phosphates is primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertilisers such as DAP, three grades of Nitrogen Phosphorus-Potassium (namely NPK-10, NPK-12 and NP-20), Zypmite, Phospho-gypsum and Hydroflorosilicic Acid.
They are also engaged in the trading, distribution and sales of Muriate of Potash, Ammonia, Speciality Plant Nutrients and City compost.
Their fertilisers are marketed under some of the key brand names in the market ‘Jai Kisaan – Navratna’ and ‘Navratna.
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