IPO Synopsis

Indian Phosphate Ltd
Registered Office: Plot 638,Sector 11,Udaipur-313003, Rajasthan
Tel. No: 0294-2946 959
Fax No:
Email: investor@indianphosphate.com
Website: www.indianphosphate.com
Initial public issue of 6804000 equity shares of face value of Rs. 10/- each of Indian Phosphate Limited ("IPL" or the "Company" or the "Issuer") for cash at a price of Rs. 99/- per equity share including a share premium of Rs. 89/- per equity share (the "Issue Price") aggregating to Rs. 67.36 crores ("The Issue"), of which 373200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 99/- per equity share including a share premium of Rs. 89/- per equity share aggregating to Rs. 3.69 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 6430800 equity shares of face value of Rs. 10/- each at a price of Rs. 99/- per equity share including a share premium of Rs. 89/- per equity share aggregating to Rs. 63.66 crores is herein after referred to as the "Net Issue". The issue and the net issue constituted 27.23% and 25.73%, respectively, of the post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Aug-2024 29-Aug-2024 ₹99.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of :1200
(₹ Cr) Lead Managers to the Issue
Project Cost 58.86 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 67.36
Post Issue Equity Share Capital 24.99
Issue Price 99.00
Projects
Setting up a new facility at SIPCOT Industrial Park Phase-I Village Kudikadu
To meet working capital requirements
General corporate purposes
Promoted By
Ravindra Singh
Mamta Arora
Rushil Arora
Listing At
NSE - SME
Registrar To The Issue