Home
/
/
IPO
/
/
indian phosphate ltd

Indian Phosphate Ltd

Issue
Opens On	Closes On
26-Aug-24	29-Aug-24

Money Payable On
Application	Allotment
99.00	0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

Lead Managers to the Issue
Project Cost (₹.Cr)	58.86	Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr)	67.36
Post Issue Equity Share Capital (₹.Cr)	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

No Data Available

Registered Office: Plot 638,Sector 11, Udaipur - 313003, Rajasthan, India. Phone : 0294-2946 959 Fax:
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.