Indian Phosphate Limited IPO
Indian Phosphate Limited was a SME IPO in the Specialty Chemicals sector, offered at ₹94–₹99 per share to raise ₹67 crore. It listed on 3 Sep 2024 at ₹188 and closed its first day at ₹179, a listing gain of +80.5% versus the ₹99 issue price. It now trades around ₹74 (-24.8% versus the issue price).
Frequently asked questions
- What were the Indian Phosphate Limited IPO listing gains?
- Indian Phosphate Limited listed on 3 Sep 2024 at ₹188, closing its first day at ₹179 — a listing gain of +80.5% versus the ₹99 issue price.
- What was the price band and lot size of the Indian Phosphate Limited IPO?
- The price band was ₹94–₹99 per share, with a minimum lot of 1,200 shares (₹1,18,800 at the upper band).
- Who were the registrar and lead manager for the Indian Phosphate Limited IPO?
- Bigshare Services Private Limited was the registrar, and Beeline Capital Advisors was the book-running lead manager.