About Paradeep Phosphates
Paradeep Phosphates is the third-largest private-sector manufacturer of non-urea fertilizers in India (Source: CRISIL Report*). It is primarily engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of NPK, Zypmite, Phospho-gypsum, and HFSA.
It was incorporated in 1981. Zuari Maroc Phosphates Private Limited (ZMPPL), a joint venture of Zuari Agro Chemicals Limited (ZACL) and Morroco’s OCP Group, currently holds 80.45% of the equity share capital of the company, with the balance being held by the Government of India (GoI). The Government of India has proposed to sell its entire shareholding in the company through the Offer for Sale of this IPO and will cease to be a promoter of the company on the listing of the equity shares after the IPO.
Paradeep Phosphates Ltd.
Narayanan Suresh Krishnan