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Indian Phosphate Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹99
Issue Price
₹99
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹99
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹118,800
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
26 Aug 2024
Mon Completed
Done
Close Date
29 Aug 2024
Thu Completed
Done
Allotment
30 Aug 2024
Fri Completed
Done
Refund
02 Sep 2024
Mon Completed
Done
Demat Credit
02 Sep 2024
Mon Completed
Done
Listing Date
03 Sep 2024
Tue Completed
UPI Deadline: 29 Aug 2024
Issue Details
Pricing & Size
Issue Price
₹99 Face ₹10
Lot Size
1,200 shares
Min Investment
₹118,800
Total Issue Size
68,04,000 shares (aggregating up to ₹67.36 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,73,200 (5.49%)
QIB Portion
32,14,800 (47.25%)
NII / HNI
9,64,800 (14.18%)
Retail
22,51,200 (33.09%)
Employee
-
Net Offer to Public
64,30,800 shares (aggregating up to ₹63.66 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,81,85,609 shares
Post-Issue Shareholding
2,49,89,609 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,18,800
HNI / NII 2 2,400 ₹2,37,600
Objects of Issue
3 objectives
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
Lead Managers & Market Maker
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
Market Maker
Spread X Securities Pvt.Ltd.
IPO Timeline
Open
26 Aug
✓ Done
Close
29 Aug
✓ Done
Allotment
30 Aug
✓ Done
Listing
03 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
investor@indianphosphate.com
Phone
0294-2946959
Address
Plot 638, Sector-11, Udaipur City, Girwa, Girwa - 313001 Udaipur, Rajasthan
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹99
Est. Listing
₹99
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Indian Phosphate Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
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| Price
Market Reference
IPO Issue Price
₹99
GMP
+₹0 (+0%)
GMP Est. Listing
₹99
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 32,14,800 (47.25%) ₹3,182.65 Cr
NII / HNI (Total) 9,64,800 (14.18%) ₹955.15 Cr
Retail Investors 22,51,200 (33.09%) ₹2,228.69 Cr
Total ** 68,04,000 (100.00%) ₹67,359.60 Cr
Market Maker * 3,73,200 (5.49%) ₹36.95 Cr
* Based on ₹99.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
32,14,800 (47.25%)
NII
9,64,800 (14.18%)
Retail
22,51,200 (33.09%)
Market Maker
3,73,200 (5.49%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue71757.8177093.2055838.56
PAT1210.211659.531616.61
EBITDA
Net Worth8099.066751.805092.27
Total Assets25518.6017407.4510789.93
Reserves6280.566480.374820.84
Borrowings4023.171535.481830.58
Key Financial Ratios
18.14%
ROE
Return on Equity
20.93%
ROCE
Return on Capital Employed
16.63%
RONW
Return on Net Worth
1.91%
PAT Margin
PAT / Revenue
0.50
D/E Ratio
Debt to Equity
2.23
P/BV
Price to Book Value
6.65
Pre EPS
EPS Pre-Issue
4.84
Post EPS
EPS Post-Issue
14.88
Pre P/E
P/E Pre-Issue
20.44
Post P/E
P/E Post-Issue
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.

Frequently Asked Questions
What is the issue price of Indian Phosphate Ltd. IPO?
The issue price of Indian Phosphate Ltd. IPO is ₹99 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹118,800.
What are the IPO dates?
Opens 26 Aug 2024, closes 29 Aug 2024.
When is the listing date?
Tentative listing: 03 Sep 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹99 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Indian Phosphate Ltd. IPO · Expected 30 Aug 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
30 Aug 2024
Refund Initiation
02 Sep 2024
Demat Credit
02 Sep 2024
Listing Date
03 Sep 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹99
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹118,800
1 lot
Est. Listing
₹99
GMP +₹0
Key Dates
Open
26 Aug Done
Close
29 Aug Done
Listing
03 Sep Done
Registrar
Bigshare Services Pvt.Ltd.
A
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