Indian Phosphate IPO details : Indian Phosphate IPO details is Open on 26 August 2024 and Close on 29 August 2024. Indian Phosphate IPO to Raise 68,04,000 shares (Approx ₹67.36 Cr) via IPO. The Fresh issue of 68,04,000 shares (Approx ₹67.36 Cr).
Our Company was originally incorporated as “Indian Phosphate Limited” in 1998.Our company is mainly engaged in the production of Linear Alkylbenzene Sulphonic Acid LABSA 90%, popularly known as LABSA, is an anionic surfactant and it is used in the formulation of all types of detergent powders, cakes, toilet cleaners and liquid detergents. Single Super Phosphate and Granules Single Super Phosphateare being a fertilizer in nature used in agriculture industry.
A company specializing in manufacturing and supplying Single Super Phosphate (SSP) fertilizer, began its journey by trading dolomite and limestone. We have educated farmers over the past five years, encouraging them to use fortified SSP with boron and zinc according to soil deficiencies. Sindkheda & Dist. Dhule, Maharashtra, for the establishment of a manufacturing facility for the production of SSP fertilizer.
The company has already received CTE (Consent to Establish) from Maharashtra Pollution Control Board. Our Company has a presence in the major states like, Punjab, Bihar, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh, Himachal Pradesh, West Bengal and Uttarakhand. We are professionally managed entity and our organization is run by a competent and devoted management team.
This team, consists of seasoned professionals with diverse sectoral experience, is spearheaded by our Board of Directors. His substantial contribution has played a pivotal role in the evolution of our business.
We firmly believe that the collective expertise and capabilities of our management team empower us to comprehend and predict market trends, effectively manage our business operations and expansion, capitalize on customer relationships, and adapt to evolving customer preferences.
- LABSA 90% (Chemical)
- Single Super Phosphate (Fertilizer)
Indian Phosphate IPO Date & Price Band Details
| IPO Open Date | 26 Aug 2024 |
|---|---|
| IPO Close Date | 29 Aug 2024 |
| IPO Size | 68,04,000 shares (Approx ₹67.36 Cr) |
| Fresh Issue | 68,04,000 shares (Approx ₹67.36 Cr) |
| Lot Size | 1200 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹94 to ₹99 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Indian Phosphate IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,18,800 |
| Retail Maximum | 1 | 1200 | ₹1,18,800 |
| S-HNI Minimum | 2 | 2400 | ₹2,37,600 |
Object of the Issue
- 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.
- To Meet Working Capital Requirements.
- For General Corporate Purposes.
Indian Phosphate IPO Allotment & Listings (Details)
| IPO Open Date | 26 Aug 2024 |
|---|---|
| IPO Close Date | 29 Aug 2024 |
| Basis of Allotment | 30 Aug 2024 |
| Refunds | 02 Sept 2024 |
| Credit to Demat Account | 02 Sept 2024 |
| IPO Listing Date | 03 Sept 2024 |
Indian Phosphate Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2024 | ₹408.72 | ₹389.97 | ₹9.09 |
| 2023 | ₹768.69 | ₹748.54 | ₹16.60 |
| 2022 | ₹557.15 | ₹536.65 | ₹16.17 |
| 2021 | ₹414.52 | ₹408.20 | ₹5.09 |
Our Company Promoters
- Mr. Ravindra Singh
- Mrs Mamta Arora
- Mr. Rushil Arora
Qualitative Factors
- Cost Effective sourcing and Strategic Location of Manufacturing Unit.
- Quality assurance.
- Leveraging the expertise of our Promoters and Management Team.
- Forward integration and Diversification.
Indian Phosphate Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| Indian Phosphate Limited | 10.00 | 9.13 | [.] | 24.58% | 37.13 | 76,869.36 |
| Peer Group | ||||||
| Rama Phosphates Limited | 10.00 | 23.14 | 7.55 | 13.25% | 174.65 | 87,482.64 |
Comparison of Accounting Ratios with Listed Peer Group Companies
- Indian Phosphate Limited
- Rama Phosphates Limited
Also Read: Ideal Technoplast Industries IPO
Indian Phosphate Company Contact Details
Plot 638, Sector-11, Udaipur City, Girwa, Rajasthan- 313001, India;
Telephone No.: 0294-2946959
Web site: www.indianphosphate.com
E-Mail: investor@indianphosphate.com
Contact Person: Ms. Khushboo Sharma
Indian Phosphate Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate
Park, Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054,
Gujarat, India.
Telephone Number: +91 79 49185784
Email Id: mb@beelinemb.com
Investors Grievance Id: ig@beelinemb.com
Website: www.beelinemb.com
Contact Person: Mr. Nikhil Shah
Indian Phosphate IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6TH Floor, Pinnacle Business Park, Next
to Ahura Centre, Mahakali Caves Road, Andheri (East)
Mumbai – 400093, India
Tel. Number: +91 022-6263 8200
Email Id: ipo@bigshareonline.com
Investors Grievance Id: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Vinayak Morbale
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