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Indian Phosphate Ltd.

Indian Phosphate Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹99
₹99
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹99
Based on GMP
Min. Investment
₹118,800
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
26 Aug 2024
Close Date
29 Aug 2024
Allotment
30 Aug 2024
Listing Date
03 Sep 2024
Exchange
NSE SME
Price Band
₹99
Listing Price
See chart
Allotment Status
Price Band
₹99
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
68,04,000 shares (aggregating up to ₹67.36 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹118,800
1 lot
Pre-IPO Holding
1,81,85,609 shares
Promoters
Post-IPO Holding
2,49,89,609 shares
Promoters
P/E (Pre)
14.88x
 
P/E (Post)
20.44x
 
EPS (Pre)
₹6.65
 
EPS (Post)
₹4.84
 
UPI Deadline
2024-08-29
Mandate
Anchor AllotmentSun, 25 Aug 2024
Basis of AllotmentFri, 30 Aug 2024
Refund InitiationMon, 02 Sep 2024
Demat CreditMon, 02 Sep 2024
Listing DayTue, 03 Sep 2024
UPI Mandate Deadline2024-08-29
Sale TypeFresh Capital
Net Offer to Public64,30,800 shares (aggregating up to ₹63.66 Cr)
Market Maker Quota3,73,200 shares (aggregating up to ₹3.69 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Indian Phosphate Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Aug 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
373,200
₹3.69
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,804,000
100% ₹67.36
IPO Shares Offered
Indian Phosphate Ltd. IPO total issue size: ₹67.36 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 373,200 ₹3.69
5.49%
Total 6,804,000 ₹67.36
100.00%
* Based on upper price band ₹99 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹99.00
Upper Band
Min Investment
₹118,800
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹237,600
Retail (Max — 13 Lots)1315,600₹1,544,400
S-HNI (Min — 14 Lots)1416,800₹1,663,200
B-HNI (Min — 68 Lots)6881,600₹8,078,400
* Issue Price ₹99 × Lot Size 1,200 shares
IPO Schedule
Anchor
25 Aug 2024
✓ Done
IPO Open
26 Aug 2024
✓ Done
IPO Close
29 Aug 2024
✓ Done
Allotment
30 Aug 2024
✓ Done
Refunds
02 Sep 2024
✓ Done
Demat Credit
02 Sep 2024
✓ Done
Listing Day
03 Sep 2024
✓ Done
Indian Phosphate Ltd. — Live Price LIVE
₹99.00
INR · NSE
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Issue ₹99.00 Live Price
About Indian Phosphate Ltd.
Indian Phosphate Limited, established in 1998, produces Linear Alkyl Benzene Sulfonic Acid LABSA 90%, commonly known as LABSA, an anionic surfactant used in the formulation of all types of washing powders, cakes, toilet cleaners, and liquid detergents.The company also manufactures “Single Super Phosphate” (SSP) and “Granules Single Super Phosphate” (GSSP) which are manufactured and supplied in powder and granule form as per the norms of the Fertilizer Control Regulation of India and are fortified with Zinc and Boron.The Company's manufacturing facility is located in Girwa district, Udaipur, Rajasthan, close to the two raw materials (a) sulphuric acid 98% and (b) rock phosphate used in the manufacture of the products. The other important raw material, linear alkyl benzene (LAB), is sourced from IOCL, Vadodara, Nirma Ltd, Vadodara and Reliance Industries Ltd, Patalganga.Indian Phosphate Limited has a presence in major states like Punjab, Bihar, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh, Himachal Pradesh, West Bengal, and Uttarakhand.As of March 31, 2024, the company had 105 employees.
Objects of the Issue
1
For Setting up a new manufacturing facility at SIPCOT Industrial Park Phase-I, Kudikadu Village, Cuddalore District ('C' District) Plot(s) - Plot No.C-17/A, TamilNadu for manufacturing of Sulphuric Acid, LABSA 90%, and Magnesium Sulphate
2
To Meet Working Capital Requirements.
3
For General Corporate Purposes
Indian Phosphate Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹55,838.6
31 Mar 2022
₹77,093.2
31 Mar 2023
₹71,757.8
31 Mar 2024
Profit After Tax (PAT)
₹1,616.6
31 Mar 2022
₹1,659.5
31 Mar 2023
₹1,210.2
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 71757.81 77093.20 55838.56
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1210.21 1659.53 1616.61
Net Worth 8099.06 6751.80 5092.27
Total Assets 25518.60 17407.45 10789.93
Reserves & Surplus 6280.56 6480.37 4820.84
Borrowings 4023.17 1535.48 1830.58
EBITDA Margin (%) N/A
PAT Margin (%) 1.91%
P/BV Ratio
2.23
RoE
18.14%
RoCE
20.93%
RoNW
16.63%
PAT Margin
1.91%
Debt/Equity
0.50
Issue Structure & Shareholding
Total Shares Offered68,04,000 (100.00%)
Net Offer to Public64,30,800 shares (aggregating up to ₹63.66 Cr)
Reserved for Market Maker3,73,200 shares (aggregating up to ₹3.69 Cr)
Pre-Issue Promoter Holding1,81,85,609 shares
Post-Issue Promoter Holding2,49,89,609 shares
P/BV Ratio2.23
RoE18.14%
RoCE20.93%
Debt / Equity0.50
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Indian Phosphate Ltd. IPO subscribed?

Indian Phosphate Ltd. IPO is subscribed 1.00 times by Aug 29, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Indian Phosphate Ltd. IPO retail subscription status?

The Indian Phosphate Ltd. IPO retail category is subscribed 1.00 times as of 29 Aug 2024. The retail portion is oversubscribed.

How to subscribe Indian Phosphate Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 26 Aug 2024 and closes 29 Aug 2024. Min investment: ₹118,800 (1 lot = 1,200 shares). UPI mandate: 2024-08-29.

How many times Indian Phosphate Ltd. IPO subscribed?

The Indian Phosphate Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Indian Phosphate Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 30 Aug 2024. Refunds: on 02 Sep 2024.

When Indian Phosphate Ltd. IPO will be listed?

The Indian Phosphate Ltd. IPO listing date is 03 Sep 2024, Tuesday. Listed on: NSE SME. Issue price: ₹99. Estimated listing: ₹99. GMP: NIL.

When Indian Phosphate Ltd. IPO close?

The Indian Phosphate Ltd. IPO closes on 29 Aug 2024, Thursday. UPI mandate: 2024-08-29. Allotment: 30 Aug 2024. Listing: 03 Sep 2024.