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Indian Phosphate IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Udaipur and caters to Chemical sector. Beeline Capital Advisors Private is the merchant banker of Indian Phosphate IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th March 2024.
Indian Phosphate IPO open date is 26th August 2024 and close date is 29th August 2024. IPO Allotment Date is 30th August 2024 and Listing date is 3rd September 2024.Indian Phosphate IPO size is Rs 67.36 Cr. crores with IPO price of Rs 99.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Beeline Capital Advisors Private Limited is the book-running lead manager of the Indian Phosphate IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Spread X Securities Private Limited for Indian Phosphate IPO.
Indian Phosphate IPO anchor investors are the below investors. The number of anchor investors in this IPO is 13.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Nav Capital Vcc | 253,200.00 | ₹99.00 | ₹25,066,800.00 |
| Craft Emerging Market | 250,800.00 | ₹99.00 | ₹24,829,200.00 |
| BofA Securities Europe | 202,800.00 | ₹99.00 | ₹20,077,200.00 |
| Shine star build | 202,800.00 | ₹99.00 | ₹20,077,200.00 |
| M7 Global Fund | 152,400.00 | ₹99.00 | ₹15,087,600.00 |
| VPK Global Ventures | 152,400.00 | ₹99.00 | ₹15,087,600.00 |
| NORTH STAR OPPORTUNITIES | 102,000.00 | ₹99.00 | ₹10,098,000.00 |
| Galaxy Noble Global | 102,000.00 | ₹99.00 | ₹10,098,000.00 |
| Zeta Global Fund | 102,000.00 | ₹99.00 | ₹10,098,000.00 |
| STERN GLOBAL FUND | 102,000.00 | ₹99.00 | ₹10,098,000.00 |
| Saint Capital Fund | 102,000.00 | ₹99.00 | ₹10,098,000.00 |
| Kingsman Wealth Fund | 102,000.00 | ₹99.00 | ₹10,098,000.00 |
| Craft Emerging Market | 102,000.00 | ₹99.00 | ₹10,098,000.00 |
Indian Phosphate IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Indian Phosphate IPO, based in Udaipur, operates in the Chemical sector with a focus on Produces Linear Alkyl Benzene Sulfonic Acid LABSA 90%, commonly known as LABSA. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Indian Phosphate IPO size is ₹ 67.36 Cr. Crores with fresh issue size of Rs 67.36 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Indian Phosphate IPO is expected to be 30th August 2024, after the finalization of basis of allotment. Investors can check Indian Phosphate IPO allotment status on the registrars website, Bigshare Services Private Limited. Indian Phosphate IPO refund dates are 2nd September 2024.
Indian Phosphate IPO is expected to be listed on 3rd September 2024.
The upper price band for the Indian Phosphate IPO is set at ₹ 99.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Indian Phosphate IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Indian Phosphate IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th August 2024. After submission, funds are blocked until the basis of allotment of Indian Phosphate IPO is finalised.
The merchant banker for Indian Phosphate IPO is Beeline Capital Advisors Private Limited . Beeline Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Indian Phosphate IPO RHP for further details.
The registrar for Indian Phosphate IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Indian Phosphate IPO through their official website or helpline.
Indian Phosphate IPO was subscribed 267.89 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 67.36 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.24 Cr.
Sector: Chemical
SME IPO so far:
40
Merchant Banker:
Beeline Capital
SME IPO by BRLM so far:
47
City:
Udaipur
SME IPO so far:
8
Revenue (annualised):
₹ 7.18 cr.
PE
Ratio:
20.44x
Average Sector PE Ratio: 17.10x
Indian Phosphate IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Indian Phosphate Financial Review Page
Merchant Banker(s) of Indian Phosphate IPO: Beeline Capital Advisors Private Limited
Indian Phosphate IPO subscription was 267.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Indian Phosphate IPO listed at a listing price of 178.70 against the offer price of 99.00.
The current market price of Indian Phosphate is 54.45.
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