Indian Phosphate Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 25-08-2024 | 28-08-2024 | 10 per share | 0 | 1200 Shares | NSE SME | 6,804,000 shares (aggregating up to ₹67.36 Cr) | 2024-08-29 18:30:00 | 2024-09-01 18:30:00 | 2024-09-01 18:30:00 | 02-09-2024 |
About The Company
Indian Phosphate IPO is a book built issue of Rs 67.36 crores. The issue is entirely a fresh issue of 68.04 lakh shares.
Indian Phosphate IPO opens for subscription on August 26, 2024 and closes on August 29, 2024. The allotment for the Indian Phosphate IPO is expected to be finalized on Friday, August 30, 2024. Indian Phosphate IPO will list on NSE SME with tentative listing date fixed as Tuesday, September 3, 2024.
Indian Phosphate IPO price band is set at ₹94 to ₹99 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹118,800. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹237,600.
Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Indian Phosphate IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2021 | 6314 | 41502 | 509 | 3475.66 | 3204.23 | 434.04 |
| 30-03-2022 | 10790 | 55839 | 1617 | 5092.27 | 4820.84 | 1830.58 |
| 30-03-2023 | 17407 | 77093 | 1660 | 6751.8 | 6480.37 | 1535.48 |
| 30-10-2023 | 16420 | 41141 | 909 | 7660.61 | 7389.18 | 7389.18 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 181.58 |
| Non-Institutional Buyers*** | 440.20 |
| Retail Investors | 237.51 |
| Total | 264.97 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 118000 |
| Retail (Max) | 1 | 1200 | 118000 |
| HNI (Min) | 2 | 2400 | 237600 |
IPO Listing Details
| Listing Date | 02-09-2024 |
| BSE Script Code | - |
| NSE Symbol | IPHL |
| ISIN | INE0DHF01018 |
| Final Issue Price | 99 |
Promoter holdings
Mr. Ravindra Singh, Mrs. Mamta Arora, and Mr. Rushil Arora are the promoters of the company.
Contact Information of the Company
Indian Phosphate Limited
Plot 638, Sector-11,
Udaipur City, Girwa,
Girwa - 313001
Phone: 0294-2946959
Email: investor@indianphosphate.com
Website: http://www.indianphosphate.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Beeline Capital Advisors Pvt Ltd (Past IPO Performance)