Indian Phosphate Limited

Company Profile
Company Name Indian Phosphate Limited
Open Date 26-08-2024
Close Date 29-08-2024
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹94 to ₹99 per share
Issue Size 68,04,000 shares
Application Amount ₹1,18,800
Recommendation Avoid
Indian Phosphate Limited was originally formed and incorporated on Dec 14, 1998. The registered office is located at Udaipur, Rajasthan. The Company is mainly engaged in the production of Linear Alkylbenzene Sulphonic Acid (LABSA 90%) and manufacturing of “Single Super Phosphate” (SSP) fertilizer and “Granules Single Super Phosphate” (GSSP) Fertilizer. The company had 105 permanent employees as of March 31, 2024.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 55,715.20 76,869.36 70,417.94
EBITDA 2,362.15 2,476.40 2,303.43
Net Profit 1,616.61 1,659.53 1,347.34
RoCE 42.47% 33.16% 25.74%
ROE 31.75% 24.58% 16.64%
P/E 11.14 10.84 13.36

Tentative Timeline

Opening Date 26-08-2024
Closing Date 29-08-2024
Basis of Allotment 30-08-2024
Initiation of Refunds 02-09-2024
Credit of Shares to Demat 02-09-2024
Listing Date 03-09-2024

Objects 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, Tamil Nadu for manufacturing of Sulphuric Acid, LABSA 90%, and Magnesium Sulphate.
To meet working capital requirements.
General Corporate Purposes.

Contact Information

Registered Office Indian Phosphate Limited Plot 638, Sector-11, Udaipur City, Girwa, Girwa - 313001
Phone 0294-2946959
Email investor@indianphosphate.com
Website http://www.indianphosphate.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 99.99%
Share Holding Post Issue (Promoters) 72.77%

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