Paradeep Phosphates Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Well-positioned to capture favorable Indian fertilizer industry dynamics supported by conducive government regulations
• Second largest private sector manufacturer of Phosphatic fertilizers in India with a focus on the non-urea segment, in terms of phosphatic fertilizer (DAP and NPK complexes) capacity as of March 31, 2022
• Driving raw material efficiency through backward integration of facilities and effective sourcing
• Secure and certified manufacturing facility and infrastructure and unutilised land available for expansion
• Strategic location of its manufacturing facility and sizeable material storage, handling and port facilities

• Its business is dependent on the performance of the agricultural sector in which its fertilizers are used. Any developments affecting the performance of the agricultural sector are likely to affect its business, results of operations and financial condition.
• Its business is subject to climatic conditions and is cyclical in nature. Seasonal variations and unfavourable local and global weather patterns may have an adverse effect on its business, results of operations and financial condition.
• The fertilizer industry in India is a regulated industry. Any change in Government policies towards the agriculture sector or a reduction in subsidies and incentives provided to farmers could adversely affect its business and results of operations.
• The company has only one manufacturing facility until the completion of the Goa Transaction. Unplanned slowdowns or shutdowns in its manufacturing facility or underutilization of its manufacturing capacities could have an adverse effect on its business, results of operations and financial condition.
• The extent to which the coronavirus disease (COVID-19) affects its business, results of operations and financial condition will depend on future developments, which are uncertain and cannot be predicted.

• Improve its leadership position by enhancing its production capabilities and having a more diversified product portfolio
• Continue to improve cost efficiency and productivity
• Increase geographical reach in Eastern and Western India and expand distribution channels
• Improve market leadership through investment in brand building and other campaigns
• Continue to attract, retain and develop human capital