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Indian Phosphate Ltd

Registered Office : Plot 638,Sector 11,Udaipur Rajasthan 313003 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.

Issue

Opens On

Closes On

26-Aug-2024

29-Aug-2024

Money Payable On

Application

Allotment

99.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

58.86

67.36

24.99

99.00

Beeline Capital Advisors Pvt Ltd

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

Bigshare Services Pvt Ltd