247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Indian Phosphate Limited IPO (Indian Phosphate IPO) Details

Indian Phosphate Limited is an Chemical based company, located in Udaipur, Indian Phosphate Limited IPO size was 67.36 Cr. and was issued at 99.00 per share. The share of Indian Phosphate Limited were listed at 178.70 per share and are currently trading at 70.00 per share.

Type :
Sub Sector : Produces Linear Alkyl Benzene Sulfonic Acid LABSA 90%, Commonly Known As LABSA
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
717.57 Cr.

PAT :
12.10 Cr.

Pricing Report

Issue Price :
99.00

Listing Price :
178.70

Current Market Price :
70.00

Issue Price vs CMP :
29 (29.29%)

listing Price vs CMP :
108.7 (60.83%)

Performance Report (CAGR* wise)

CAGR : -59.76
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Indian Phosphate

Company Information
Indian Phosphate Limited primarily produces Linear Alkylbenzene Sulphonic Acid (LABSA) 90%, a widely used anionic surfactant in the formulation of detergent powders, cakes, toilet cleaners, and liquid detergents. It is also engaged in manufacturing "Single Super Phosphate" (SSP) fertilizer and "Granules Single Super Phosphate" (GSSP) fertilizer, which are produced and supplied in compliance with the Fertilizer Control Order of India standards. These fertilizers, available in both powder and granulated forms and fortified with zinc and boron, are extensively used in the agricultural industry. The company operates from its manufacturing facility located at Plot No. 5056, Village Umarda, Girwa district, Udaipur, Rajasthan, strategically positioned near the supply sources of its key raw materials, Sulphuric Acid (98%) and Rock Phosphate. Additionally, Linear Alkylbenzene (LAB), another major raw
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Object of Issue
  • For Setting up a new manufacturing facility at SIPCOT Industrial Park Phase-I, Kudikadu Village, Cuddalore District ('C' District Plot(s - Plot NoC-/A, TamilNadu for manufacturing of Sulphuric Acid, LABSA 0%, and Magnesium Sulphate
  • To Meet Working Capital Requirements
  • For General Corporate Purposes

Indian Phosphate SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2024
IPO Size :
67.36 Cr.
Market Cap :
247.40 Cr.   
IPO Subscription :
267.89 X     
PE Multiple :
20.44
IPO Registrar:
Bigshare Services Private Limited

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FAQs

Indian Phosphate operates in Chemical and Produces Linear Alkyl Benzene Sulfonic Acid LABSA 90%, Commonly Known As LABSA. The Issue is listed on NSE EMERGE in Sep, 2024. Indian Phosphate IPO size was 67.36 Cr. with Issue price of 99.00 .

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 70.00.

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