Recently Viewed
Clear AllBidding Date
26-Aug-2024 to
29-Aug-2024
Issue Size
₹67.36 Cr
Price Band
₹94 to ₹99
Allotment date
30-Aug-2024
Listing date
03-Sep-2024
Lot size
1200
No. of shares
68,04,000
Fresh issue/OFS
₹67.36 Cr /--
Indian Phosphate Limited (IPL), incorporated on December 14, 1998, is primarily engaged in the production of Linear Alkylbenzene Sulphonic Acid (LABSA 90%) and Single Super Phosphate (SSP) fertilizers. LABSA 90% is an anionic surfactant widely used in the formulation of detergent powders, cakes, toilet cleaners, and liquid detergents, as well as in other industries like textiles and pesticides. The company also produces SSP and Granulated Single Super Phosphate (GSSP) fertilizers, which are vital in agriculture for replenishing phosphorous and sulfur in the soil, promoting plant growth, and improving soil health. IPL operates a manufacturing facility in Udaipur, Rajasthan, strategically located close to its raw material suppliers.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
243.9x
The issue size of Indian Phosphate is ₹67.36 Cr.
Indian Phosphate falls into Other Chemicals industry.
The Indian Phosphate IPO will be listed on BSE.
The open and close dates for the Indian Phosphate are 26-Aug-2024 & 29-Aug-2024.
The price band for the Indian Phosphate ipo is ₹94 to ₹99
The listing date of Indian Phosphate IPO is 03-Sep-2024.
The purpose of this IPO is to raise fresh capital.
Indian Phosphate total subscription ratio is 243.9X.
Key financial of the Indian Phosphate are:
| Indian Phosphate | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 714.87 | 768.69 | 557.15 |
| EBIT (₹ Cr) | 20.44 | 23.81 | 23.03 |
| Proft after Tax (₹ Cr) | 12.1 | 16.6 | 16.17 |
| Debt (₹ Cr) | 88.04 | 15.35 | 18.31 |
| Net Worth (₹ Cr) | 98.95 | 67.51 | 50.92 |
| RoE (%) | 12.23 | 24.59 | 31.76 |