IPO Details
Bidding Dates
26 Aug 24 - 29 Aug 24
Price Range ₹
94 - 99
Total Equity
₹ 67.36Cr
Lot Size
1200
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
26 Aug 2024
Offer end
29 Aug 2024
Allotment
30 Aug 2024
Refund initiation
02 Sept 2024
Demat transfer
02 Sept 2024
Listing
03 Sept 2024
Offer start
26 Aug 2024
Offer end
29 Aug 2024
Allotment
30 Aug 2024
Refund initiation
02 Sept 2024
Demat transfer
02 Sept 2024
Listing
03 Sept 2024
About Company
Established in 1998, Indian Phosphate Limited produces Linear Alkyl Benzene Sulfonic Acid (LABSA 90%), an anionic surfactant widely used in washing powders, cakes, toilet cleaners, and liquid detergents. The company also manufactures Single Super Phosphate (SSP) and Granules Single Super Phosphate (GSSP), available in powder and granule forms, compliant with India's Fertilizer Control Regulation and fortified with Zinc and Boron. The manufacturing facility is located in Girwa district, Udaipur, Rajasthan, near key raw materials: sulphuric acid (98%) and rock phosphate. Linear alkyl benzene (LAB), another crucial raw material, is sourced from IOCL Vadodara, Nirma Ltd Vadodara, and Reliance Industries Ltd Patalganga. Indian Phosphate Limited operates across major states like Punjab, Bihar, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh, Himachal Pradesh, West Bengal, and Uttarakhand. As of March 31, 2024, the company employed 105 people.
Year Founded
14-12-1998
Promotor Details
Ravindra Singh
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 72.77 |
| Share Capital | 18185207 | 18185207 |
Offer to Public
68,04,000.00 Cr
Highlights
- Strong market position in the phosphate fertilizer sector in India.
- Robust demand for fertilizers driven by increasing agricultural productivity.
- Diversified product portfolio catering to various agricultural needs.
- Strategic partnerships with local farmers and cooperatives enhancing market reach.
- Commitment to sustainable practices and eco-friendly production methods.
Challenges
- Volatility in raw material prices impacting profit margins.
- Regulatory changes in the agricultural sector may pose risks.
- Intense competition from established players in the fertilizer market.
- Dependence on monsoon patterns affecting sales and revenue.
- Potential environmental concerns related to phosphate mining operations.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2025 | 29,078.22 | 2,498.96 | 1,210.21 | 1,311.68 | 7.2127 |
| 2024 | 25,384.71 | 1,818.56 | 1,210.21 | 1,311.68 | 7.2127 |
