Indian Phosphate IPO Ends with a Final Day Subscription Rate of 260.23x!Indian Phosphate IPO Ends with a Final Day Subscription Rate of 260.23x!

Indian Phosphate IPO witnessed substantial demand on the final day, achieving a 260.23x subscription rate. This enthusiastic response underscores significant investor interest and reflects confidence in the company’s future growth. 

Indian Phosphate IPO Subscription Status

Indian Phosphate IPO experienced a robust start on Day 3 of its IPO, with the issue being subscribed 75.02 times. This shows strong investor confidence and a positive market reception for the company’s initial public offering.

How to check Indian Phosphate IPO Subscription Status?

Steps to check Indian Phosphate Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Indian Phosphate Limited IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Indian Phosphate IPO Allotment Status

The allotment date for the Indian Phosphate Limited IPO is set for August 30, 2024, with shares priced at a range of ₹94 to ₹99 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

Indian Phosphate Limited IPO Listing Date 

Indian Phosphate Limited IPO is expected to be listed on the NSE SME on September 3, 2024.