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15 Days Price Change

Indian Phosphate IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 94  to  99 per share
Profile
Min Investment ₹99
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Indian Phosphate Limited, founded in 1998, specializes in producing Linear Alkyl Benzene Sulfonic Acid (LABSA) 90%, an anionic surfactant widely used in the formulation of various washing powders, cakes, toilet cleaners, and liquid detergents. The company also manufactures "Single Super Phosphate" (SSP) and "Granulated Single Super Phosphate" (GSSP), available in both powder and granule forms, adhering to the standards set by the Fertilizer Control Regulation of India. These products are fortified with essential nutrients like Zinc and Boron. Read More

Basic Info

Face Value 10 per share

Price 94  to  99 per share

P/E (x) 25.4

Sales( Cr.) 884

PAT( Cr.) 7

EPS 3.9

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Mr. Ravindra Singh Mrs. Mamta Arora Mr. Rushil Arora

Pre Issue Share Holding 100%

Post Issue Share Holding 89.5%

Listing Details:

Listing Price: 188.1

Listing Gain: 47.37%

Current Price: 61.3

Gain On Issue: 61.3 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 26, 2024
Closing Date Aug 29, 2024
Allotment Aug 30, 2024
Refund Sep 02, 2024
Delivery of Shares Sep 02, 2024
Listing Date Sep 03, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 118,800
Retail (Max) 1 1200 118,800
S-HNI (Min) 2 2400 237,600
S-HNI (Max) 8 9600 950,400
B-HNI (Min) 9 10800 1,069,200

Objective of the Issue

1. For Setting up a new manufacturing facility at SIPCOT Industrial Park Phase-I, Kudikadu Village, Cuddalore District (C District) Plot(s) - Plot No.C-17/A, TamilNadu for manufacturing of Sulphuric Acid, LABSA 90%, and Magnesium Sulphate 2. To Meet Working Capital Requirements. 3. For General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 3402000 617735160 181.6x
NII 1020600 450094806 441x
Retail 2381400 578727828 243x
EMP 0 0 0x
Total 6804000 1822723560 267.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Indian Phosphate Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 715 884
Other Income 3 2
Total Income 718 886
Total Expenditure 693 865
Operating Profit 25 21
Interest 5 7
Depreciation 2 3
Exceptional Income / Expenses 0 0
Profit Before Tax 18 11
Provision for Tax 6 3
Profit After Tax 12 7
Adjustments 1 1
Profit After Adjustments 13 9
Adjusted Earnings Per Share 7.2 3.5

Indian Phosphate Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 81 148
Minority's Interest 18 17
Borrowings 18 16
Other Non-Current Liabilities -1 -1
Total Current Liabilities 138 111
Total Liabilities 254 291
Fixed Assets 41 40
Other Non-Current Assets 11 38
Total Current Assets 202 213
Total Assets 254 291

Indian Phosphate Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0
Cash Flow from Operating Activities -33 11
Cash Flow from Investing Activities -34 -36
Cash Flow from Financing Activities 67 26
Net Cash Inflow / Outflow 0 0
Closing Cash & Cash Equivalent 0 0

Indian Phosphate Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 7.21 3.48
CEPS(Rs) 7.55 4.15
DPS(Rs) 0 0
Book NAV/Share(Rs) 44.38 59.35
Core EBITDA Margin(%) 3.09 2.14
EBIT Margin(%) 3.23 2
Pre Tax Margin(%) 2.49 1.2
PAT Margin (%) 1.69 0.83
Cash Profit Margin (%) 1.92 1.17
ROA(%) 4.77 2.68
ROE(%) 15 6.38
ROCE(%) 13.69 9.31
Receivable days 40.64 38.14
Inventory Days 44.87 29.82
Payable days 29.21 23.47
PER(x) 0 13
Price/Book(x) 0 0.76
Dividend Yield(%) 0 0
EV/Net Sales(x) 0.13 0.17
EV/Core EBITDA(x) 3.79 7.34
Net Sales Growth(%) 0 23.66
EBIT Growth(%) 0 -23.63
PAT Growth(%) 0 -39.6
EPS Growth(%) 0 -51.81
Debt/Equity(x) 1.09 0.42
Current Ratio(x) 1.47 1.93
Quick Ratio(x) 0.83 1.42
Interest Cover(x) 4.34 2.5
Total Debt/Mcap(x) 0 0.55

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 24% 0% 0% 0%
Operating Profit CAGR -16% 0% 0% 0%
PAT CAGR -42% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -12% NA% NA% NA%
ROE Average 6% 11% 11% 11%
ROCE Average 9% 12% 12% 12%

Company Contact Information

Indian Phosphate Ltd.

Plot 638, Sector-11 Udaipur City Girwa

IPO Lead Manager(s)

Indian Phosphate Ltd.

Beeline Capital Advisors Pvt Ltd.

Registrar Info

Indian Phosphate Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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