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Indian Phosphate Limited

Indian Phosphate Limited, founded in 1998, is a leading producer of Linear Alkyl Benzene Sulfonic Acid (LABSA 90%), a key ingredient in cleaning products like washing powders, toilet cleaners, and liquid detergents. The company also manufactures Single Super Phosphate (SSP) and Granules Single Super Phosphate (GSSP), enriched with Zinc and Boron, following India’s Fertilizer Control Regulation. Its manufacturing facility in Girwa, Udaipur, Rajasthan, benefits from easy access to essential raw materials like sulphuric acid and rock phosphate, while linear alkyl benzene (LAB) is sourced from major suppliers such as IOCL, Nirma Ltd, and Reliance Industries Ltd. Operating across multiple states, including Punjab, Bihar, and Gujarat, Indian Phosphate Limited had 103 employees as of January 31, 2024.

₹94 - ₹99281.8x sub
Listed Price188.10
Listing Gain+90.00%
TimelineBook Built Issue IPO
Open26 Aug 2024
Close29 Aug 2024
Allotment30 Aug 2024
Listing03 Sep 2024

Quota Reservation Portions

RetailPortion: 22,51,200 shares
33.09%
Nii (hni) Portion: 9,64,800 shares
14.18%
AnchorPortion: 19,28,400 shares
28.34%
QIBPortion: 12,86,400 shares
18.91%
Market MakerPortion: 3,73,200 shares
5.49%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,18,800
HNI2 lots / 2,400 shares
₹2,37,600

About the Company

Indian Phosphate Limited, founded in 1998, is a leading producer of Linear Alkyl Benzene Sulfonic Acid (LABSA 90%), a key ingredient in cleaning products like washing powders, toilet cleaners, and liquid detergents. The company also manufactures Single Super Phosphate (SSP) and Granules Single Super Phosphate (GSSP), enriched with Zinc and Boron, following India’s Fertilizer Control Regulation. Its manufacturing facility in Girwa, Udaipur, Rajasthan, benefits from easy access to essential raw materials like sulphuric acid and rock phosphate, while linear alkyl benzene (LAB) is sourced from major suppliers such as IOCL, Nirma Ltd, and Reliance Industries Ltd. Operating across multiple states, including Punjab, Bihar, and Gujarat, Indian Phosphate Limited had 103 employees as of January 31, 2024.

Company Promoters

Mr. Ravindra SinghMrs. Mamta AroraMr. Rushil Arora
Indian Phosphate Limited IPO Details | GMP, Allotment & Financials | IPO Trending