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IPHLSME / NSEListed
Indian Phosphate

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 Price₹188.10
Listing Gain+90.00%

IPO Schedule & Timeline

Book Built Issue IPO
Open26 Aug 2024
Close29 Aug 2024
Allotment30 Aug 2024
Listing03 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail22,51,200 shares
33.09%
Nii (hni) 9,64,800 shares
14.18%
Anchor19,28,400 shares
28.34%
QIB12,86,400 shares
18.91%
Market Maker3,73,200 shares
5.49%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,18,800
HNI2 Lots (2,400 shares)
₹2,37,600

Company Promoters

Mr. Ravindra SinghMrs. Mamta AroraMr. Rushil Arora

Company Background

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 I...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )₹71757.81 Cr
Growth+72.9%
Revenue Trend (₹ in Crores)
0.029.6k59.1k88.7k31-Mar-22Mar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 71,757.811,210.2125,518.604,023.17
Mar 2023 77,093.201,659.5317,407.451,535.48
Mar 202255,838.561,616.6110,789.931,830.58
31-Mar-2241,501.81509.446,313.71434.04

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 7.4118.14%20.93%14.88 20.44
Mar-23 9.1328.02%31.00%00
Mar-228.8937.74%42.08%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
30 Aug 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Indian Phosphate. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization30 Aug 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Sep 2024Trading commences on exchange

How to Check Indian Phosphate Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Indian Phosphate from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Indian Phosphate IPO

Complete issue overview for Indian Phosphate (IPHL) IPO. The issue features an equity share price band of ₹94 – ₹99 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,18,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions