ListedSMEIPHL

Indian Phosphate Limited

Indian Phosphate Limited is an SME IPO raising ₹67 Cr at ₹94 – ₹99 a share. It listed on 3 Sept 2024 and trades at ₹76 today, −23.7% against its issue price of ₹99. The exchanges never published a subscription figure for it.

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₹99

Issue price

₹76

Price now

−23.7%

Since issue price

3 Sept 2024

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹94 – ₹99

Cut-off price₹99

Issue size₹67 Cr

Shares per lot1200

Minimum application₹1,18,800

Minimum quantity1200

Face value₹10

Listing exchanges—

ISININE0DHF01018

Bidding hours10:00 – 17:00 IST

Bidding window26 Aug 2024 – 29 Aug 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.