Paradeep Phosphates: Shares tank after receiving Customs seizure memo for 25,000 MT ureaParadeep Phosphates: Shares tank after receiving Customs seizure memo for 25,000 MT urea

Introduction

Leading fertiliser manufacturer received a Customs Seizure Memo for 25,000 MT of technical grade urea valued at ₹103.30 crore and is contesting the testing methodology.

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Share price movement of Paradeep Phosphates

On January 27, 2026, Paradeep Phosphates Ltd opened at ₹129.05, up 0.08% from its previous close of ₹128.95. The stock reached a high of ₹130.30 (1.07%) and a low of ₹123.50. By 12:11 PM, it traded at ₹127.60, a 1.05% decline, with a market cap of ₹13,244.48 crore.

Paradeep Phosphates Urea Seizure

Paradeep Phosphates Limited received a Seizure Memo from the Customs Department, Goa, for 25,000 MT of technical grade urea valued at ₹103.30 crore imported for NPK fertiliser production.

Customs alleged higher-than-permissible biuret content in the imported urea. The company contests the testing methodology of CRCL, New Delhi, and seeks re-testing under Indian Standard IS 1781:2022 procedures.

The company stated there is no material impact on operations or finances. Paradeep Phosphates is pursuing legal recourse for provisional release to use the urea as raw material in Goa plant.

Stock performance of Paradeep Phosphates for Period of 1 week, 6 months, and 1 year

Paradeep Phosphates Ltd delivered a -1.96% return over the past week, declined 40.1% over the past six months, and gained 15.6% over the past one year.

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Shareholding pattern of Paradeep Phosphates

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	57.70%	57.70%	57.20%
FII	11.40%	11.40%	15.00%
DII	13.40%	13.10%	14.60%
Public	17.50%	17.80%	13.20%

About Paradeep Phosphates

Paradeep Phosphates Ltd (NSE: PARADEEP) is India’s second-largest private phosphatic company, manufacturing, trading, and distributing complex fertilizers including DAP, NPK variants, Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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