Indian Phosphate IPO Review, Date, Price, GMP

Indian Phosphate specializes in producing Linear Alkylbenzene Sulphonic Acid (LABSA) 90% also known as LABSA, which is a type of anionic surfactant used in making detergent products, like powders, cakes, toilet cleaners, and liquid detergents. Additionally, Indian Phosphate produces “Single Super Phosphate” (SSP) fertilizer and “Granules Single Super Phosphate” (GSSP) fertilizer in both granulated forms. These fertilizers can be enriched with zinc and boron to meet the standards outlined by the Fertilizer Control Order of India. Are primarily utilized in the Agriculture sector.

Indian Phosphate also manufactures Zincated Single Super Phosphate, in both powder and granular forms along with Zincated and Boronated Single Super Phosphate granules. These products contain zinc and boron in ratios to combat soil deficiencies as recommended by the Department of Fertilizer and the Government of India. In the last five years, the company has prioritized producing SSP with zinc and boron educating farmers on its advantages based on soil needs. 

Indian Phosphate is well established in regions of India, such, as Punjab, Bihar, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh, Himachal Pradesh, West Bengal, and Uttarakhand.

Indian Phosphate IPO Complete Details:

Indian Phosphate IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP Of Indian Phosphate is Around 91 Rs.

Objects Of Issue:

1. To establish a new manufacturing facility at SIPCOT Industrial Park Phase-I, Kudikadu Village, Cuddalore District (referred to as ‘C’ District), Tamil Nadu, on Plot No. C-17/A, for the production of Sulphuric Acid, LABSA 90%, and Magnesium Sulphate.

2. To fulfill working capital requirements.

3. For general corporate purposes.

Promoters:

  • MR. RAVINDRA SINGH
  • MRS. MAMTA ARORA
  • MR. RUSHIL ARORA

FAQs:

When Indian Phosphate IPO is Opening?

Indian Phosphate IPO is Opening on 26 August 2024.

When is the Indian Phosphate IPO Closing?

Indian Phosphate IPO is Closing on 29 August 2024.

What is the Issue Size of the Indian Phosphate IPO?

The IPO Issue Size of Indian Phosphate is 67.36 Crore.

Price Band of Indian Phosphate IPO?

The price Band of the Indian Phosphate IPO is 94 to 99 rupees per share.

What is the minimum investment for an Indian Phosphate IPO?

The minimum investment for the Indian Phosphate IPO is 118,800 rupees.

Allotment Date of Indian Phosphate IPO?

The Allotment of Indian Phosphate IPO is on 30 August 2024.

Listing Date of Indian Phosphate IPO?

The Listing Of Indian Phosphate is Scheduled on 03 September 2024.

One Should Apply for Indian Phosphate IPO or Not?

Will Update Soon..

Who is the Lead Manager of Indian Phosphate?

Beeline Capital Advisors Pvt Ltd is the Lead Manager of Indian Phosphate.

Where To Check the Allotment of Indian Phosphate IPO?

The allotment status for the Indian Phosphate IPO will be accessible on the Bigshare Services Pvt Ltd Website,

Indian Phosphate IPO is going to be listed at?

Indian Phosphate IPO is going to be listed at NSE SME.

What is the Lot Size of the Indian Phosphate IPO?

The lot size of the Indian Phosphate IPO is 1200 Shares.

What is the P/E Ratio of an Indian Phosphate?

The P/E Ratio of the Indian Phosphate is 14.88.

What is the EPS of the Indian Phosphate?

The EPS of Indian Phosphate is 6.65.

Leave a Reply

Your email address will not be published. Required fields are marked *