Indian Phosphate IPO Subscription Status: Indian Phosphate IPO 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 is 68,04,000 shares (Approx ₹67.36 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Indian Phosphate IPO is an SME IPO and Listed on NSE SME. The Indian Phosphate IPO Price Band is Fixed at ₹99 Equity Share. Indian Phosphate IPO Lot Size is 1200 Shares.
Also Read: Indian Phosphate IPO Details Today, Date, Price, GMP, Review
Indian Phosphate IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
12,86,400
23,35,89,600
181.58
Non Institutional Buyers (NIIs)
9,64,800
42,54,86,400
441.01
Retail Individual Buyers (RIIs)
22,51,200
54,70,89,600
243.02
Anchor Investor
19,28,400
19,28,400
1
Market Maker
3,73,200
3,73,200
1
Total
45,02,400
1,20,61,65,600
267.89
Indian Phosphate IPO Subscription Status day-by-day-
Categories
26 Aug
27 Aug
28 Aug
29 Aug
QIB
0.39
3.63
8.90
181.58
NII
8.36
26.50
61.84
441.01
RII
19.79
62.06
132.55
243.02
Total
11.80
37.75
82.07
267.89
About IPO :
Indian Phosphate 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.
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 holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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