Indian Phosphate Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹99
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,18,800
Issue Size
₹67.36 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Indian Phosphate Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
72.77%
Issue Type
Book Building - SME
ISIN
INE0DHF01018
About the Company
Indian Phosphate Limited is mainly engaged in the production of Linear Alkylbenzene Sulphonic Acid LABSA 90%, popularly known as LABSA, is an anionic surfactant and it is used in the formulation of all types of detergent powders, cakes, toilet cleaners and liquid detergents. We are also engaged in the manufacturing of "Single Super Phosphate" (SSP) fertilizer and "Granules Single Super Phosphate" (GSSP) Fertilizer which is manufactured and supplied as per the standards of Fertilizer Control Order of India in powder and granulated form as well as fortified with zinc and boron. Single Super Phosphate and Granules Single Super Phosphateare being a fertilizer in nature used in agriculture industry. The company operates from its manufacturing facility located at Plot No. 5056, Village: Umarda, Girwa district, Udaipur, Rajasthan which is in the close proximity of supply of both the raw materials (a) Sulphuric Acid 98% (b) Rock Phosphate used in manufacturing of its products. The other major raw material Linear Alkylbenzene (LAB) is sourced from IOCL, Vadodara, Nirma Ltd., Vadodara and Reliance Industries Ltd., Patalganga. The company furthermore also produces Zincated Single Super Phosphate - "Powder/Granules" and Zincated and boronated Single Super Phosphate - "Granules" by formulating zinc and boron into the granulator and powder hopper along with Single Super Phosphate powder in required proportion. The Department of Fertiliser and the Government of India encouraged the SSP sector to create value-added fortified SSP with zinc and boron content due to the deficiency of these elements in the soil. Since last 5 years our focus is to produce fortified SSP with Zinc and Boron. The Company has educated farmers over the past five years, encouraging them to use fortified SSP with boron and zinc according to soil deficiencies. As a result, we are currently generating more than 80% of SSP as fortified SSP.
Industry Overview
The company is mainly engaged in the production of Linear Alkylbenzene Sulfonic Acid LABSA 90%, popularly known as LABSA, is an anionic surfactant and it is used in the formulation of all types of detergent powders, cakes, toilet cleaners and liquid detergents. The Company is also engaged in the manufacturing of "Single Super Phosphate" (SSP) fertilizer and "Granules Single Super Phosphate" (GSSP) Fertilizer which is manufactured and supplied as per the standards of Fertilizer Control Order of India in powder and granulated form as well as fortified with zinc and boron. Single Super Phosphate and Granules Single Super Phosphate are being a fertilizer in nature used in agriculture industry.
Company History
The Company was incorporated as "Indian Phosphate Limited" on December 14, 1998, as a public limited company vide Registration No. 015271 under the Companies Act, 1956 with a certificate of incorporation granted by the Registrar of Companies, Rajasthan, Jaipur ("RoC") and was granted a certificate of commencement of business dated December 28, 1998 by Assistant Registrar of Companies, Rajasthan, Jaipur. The Corporate Identification Number of the Company is U24142RJ1998PLC015271
Products & Services
- The Company is mainly engaged in the production of Linear Alkylbenzene Sulphonic Acid LABSA 90% & "Single Super Phosphate" (SSP) fertilizer and "Granules Single Super Phosphate" (GSSP) Fertilizer
Growth Strategy
- Optimal Utilization of Resources.
- Backward integration and Diversification.
- To build-up a professional team for future expansion coming up in the next five years.
- Broaden and Deepen its Geographical Presence.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
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.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Cost Effective sourcing and Strategic Location of Manufacturing Unit.
- Quality assurance.
- Leveraging the expertise of its Promoters and Management Team.
- Forward integration and Diversification.
- The company has extended Corporate Guarantee on behalf of one of its Group Companies.
- The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.
- The company has certain contingent liabilities, which, if they materialize, may affect its results of operations, financial condition, and cash flows.
- The company have certain outstanding litigation against the Company, an adverse outcome of which may adversely affect its business, reputation and results of operations.
- Its business is operating under various laws which require it to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and its inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations could materially and adversely affect its business, prospects, results of operations and financial condition.