Paradeep Phosphates Limited (PPL) got listed on the stock exchanges

By Kalinga Voice Last updated May 28, 2022

L - R: Mr. Sabaleel Nandy, COO, Paradeep Phosphates Ltd; Mr. Suresh Krishnan, MD & CEO, Paradeep Phosphates Ltd; Shri Nayan Mehta, CFO, BSE; Mr. Saroj Kumar Poddar, Chairman, Paradeep Phosphates Ltd and Mr. Akshay Poddar, Non-executive Director, ZACL during the gong ringing ceremony at the listing of PPL on BSE on Friday.

Mumbai: Paradeep Phosphates Limited (PPL), the second-largest private-sector manufacturer of non-urea fertilizers in India and the second-largest private-sector manufacturer in terms of Di-Ammonium Phosphate (DAP) volume sales for the nine months ended December 31, 2021 got listed on the stock exchanges today.

PPL is primarily engaged in manufacturing, trading, distribution and sales of a variety of phosphatic fertilizers which are marketed under brand names of ‘Jai Kisaan’ and ‘Navratna’. Its manufacturing facility is located in Paradeep, Odisha and includes a DAP and NPK production facility, a Sulphuric acid production plant and a Phosphoric acid production plant.

L – R: Mr. Suresh Krishnan, MD & CEO, Paradeep Phosphates Ltd; Mr. Saroj Kumar Poddar, Chairman, Paradeep Phosphates Ltd and Mr. Akshay Poddar, Non-executive Director, ZACL during the gong ringing ceremony at the listing of PPL on BSE on Friday.

Paradeep Phosphates Limited, which is part of the Adventz Group as well as the Morocco-based OCP Group S.A. (OCP), has also established an extensive sales and distribution network, with a strong presence in the eastern part of India. As of March 31, 2022, the company distributed its products across 14 states in India through its network of 11 regional marketing offices and 468 stock points. The company’s network includes 4,761 dealers and over 67,150 retailers, catering to over five million farmers in India, each as of March 31, 2022.