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Indian Phosphate Limited IPO (Indian Phosphate IPO ) Details
Indian Phosphate Limited
Indian Phosphate IPO 's overview
Indian Phosphate IPO is a book built issue of ₹67.36 Cr (67,35,96,000). The issue includes a fresh issue of 68.04 Lakh (68,04,000) shares aggregating to ₹67.36 Cr (67,35,96,000).
Indian Phosphate IPO bidding started from Aug 26, 2024 and ended on Aug 29, 2024. The allotment for Indian Phosphate IPO was finalized on Aug 30, 2024. The shares got listed on NSE on Sep 03, 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 ₹1.13 Lakh (1,12,800).
Refer to Indian Phosphate IPO RHP for detailed information.
IPO date
Aug 26,2024 - Aug 29,2024
Listing Date
Sep 03,2024
Face value
₹10
Price Band
₹94 to ₹99 per share
Lot
₹1200 Shares
Total Issue Size
68.04 Lakh (68,04,000)
aggregating up to ₹67.36 Cr (67,35,96,000)
Fresh Issue
68.04 Lakh (68,04,000)
aggregating up to ₹67.36 Cr (67,35,96,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Mon, Aug 26, 2024
IPO Open
Thu, Aug 29, 2024
IPO Close
Fri, Aug 30, 2024
Basis of Allotment
Sun, Sep 01, 2024
Initiation of Refunds
Sun, Sep 01, 2024
Credit of Shares to Demat
Tue, Sep 03, 2024
Listing
Indian Phosphate IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 1,200 | ₹1.19 Lakh (1,18,800) |
Retail(Max) | 1 | 1,200 | ₹1.19 Lakh (1,18,800) |
HNI(Min) | 2 | 2,400 | ₹2.38 Lakh (2,37,600) |
Indian Phosphate IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Offered to QIB | 12.86 Lakh (12,86,400) |
| Offered to NII | 9.65 Lakh (9,64,800) |
| Offered to RII | 22.51 Lakh (22,51,200) |
| Offered to Anchor Investor | 19.28 Lakh (19,28,400) |
About Indian Phosphate Limited
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.
Indian Phosphate IPO 's documents
Indian Phosphate Limited Contact Details
Indian Phosphate Limited
Plot 638, Sector-11,
Udaipur City, Girwa,
Girwa - 313001
Phone: 0294-2946959
Email: [email protected]
Website: http://www.indianphosphate.com/
Indian Phosphate IPO 's Promoters
Mr. Ravindra Singh, Mrs. Mamta Arora, and Mr. Rushil Arora are the promoters of the company.