Indian Phosphate Ltd
Price Range
₹94 - ₹99
Min. Quantity
1,200
Closes on
29 August 2024
Min. investment
₹1,18,800/1,200 Shares
Indian Phosphate Ltd IPO Timeline
Indian Phosphate Ltd was incorporated on December 14, 1998 with a Certificate of Incorporation granted by the Registrar of Companies, Rajasthan, Jaipur and was granted a Certificate of Commencement of Business dated December 28, 1998 by Assistant Registrar of Companies, Rajasthan, Jaipur.
| Event | Date |
|---|---|
| Indian Phosphate Ltd IPO Opening Date | 26 August 2024 |
| Indian Phosphate Ltd IPO Closing Date | 29 August 2024 |
| Basis of Allotment | 30 August 2024 |
| Initiation of Refunds | 2 September 2024 |
| Credit of Shares to Demat | 2 September 2024 |
| Indian Phosphate Ltd IPO Listing Date | 3 September 2024 |
Indian Phosphate Ltd IPO Details
| Indian Phosphate Ltd IPO Date | 26 August 2024 to 29 August 2024 |
| Indian Phosphate Ltd IPO Face Value | ₹10 per share |
| Indian Phosphate Ltd IPO Price | ₹94 to ₹99 per share |
| Indian Phosphate Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹67.36 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹67.36 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ravindra Singh, Mamta Arora, Rushil Arora |
Indian Phosphate Ltd IPO Lot Size
The Indian Phosphate Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,18,800).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,18,800 |
| Maximum | 1 | 1,200 | ₹1,18,800 |
- Strengths
- Risks
- Opportunities
- Cost Effective sourcing and Strategic Location of Manufacturing Unit.
- Quality assurance.
- Leveraging the expertise of its Promoters and Management Team.
- Forward integration and Diversification.
Company Financials
Indian Phosphate Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 163.42 | 706.26 | 13.47 |
| 03-2023 | 174.07 | 770.93 | 16.60 |
| 03-2022 | 108.02 | 558.39 | 16.18 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Setting up a new facility at SIPCOT Industrial Park Phase-I Village Kudikadu
- To meet working capital requirements
- General corporate purposes
Indian Phosphate Ltd IPO Promoter Holding
| Pre Issue Share Holding | 78.88% |
| Post Issue Share Holding | 57.4% |
Indian Phosphate Ltd IPO Subscription Status (Bidding Detail)
The Indian Phosphate Ltd IPO is subscribed 260.2311 times on 29 August 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 260.2311 |
Indian Phosphate Ltd IPO Prospectus
Indian Phosphate Ltd IPO Listing Date
| Listing Date | 3 September 2024 |
| BSE Script | 81373 |
| NSE Symbol | IPHL |
| Listing In | NSE - SME |
| ISIN | INE0DHF01018 |
| IPO Price | ₹99 |
| Face Value | ₹10 |
Company Contact Information
Plot 638Sector 11,Udaipur-313003
Phone: 0294-2946 959
Email: investor@indianphosphate.com
Website: www.indianphosphate.com
Indian Phosphate Ltd IPO Registrar
Indian Phosphate Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Indian Phosphate Ltd IPO?
I have pre-applied for Indian Phosphate Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.