The Indian Phosphate IPO minimum market lot is 1200 shares with ₹118,800 application amount. The Indian Phosphate IPO is a SME IPO, and it is to be listed on NSE.
Indian Phosphate Limited is mainly engaged in the production of Linear Alkylbenzene Sulphonic Acid LABSA 90%, popularly known as LABSA, is an anionic surfactant and it is used in the formulation of all types of detergent powders, cakes, toilet cleaners and liquid detergents. They are also engaged in the manufacturing of “Single Super Phosphate” (SSP) fertilizer and “Granules Single Super Phosphate” (GSSP) Fertilizer which is manufactured and supplied as per the standards of Fertilizer Control Order of India in powder and granulated form as well as fortified with zinc and boron. The company operates from its manufacturing facility located at Udaipur, Rajasthan. The Company has a presence in major states like Punjab, Bihar, Gujarat, Haryana, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh, Himachal Pradesh, West Bengal and Uttarakhand.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Indian Phosphate IPO Subscription Status – Day 4
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| QIB | 0.39 | 3.63 | 8.90 | 181.58 |
| NII | 8.05 | 26.38 | 61.71 | 440.51 |
| RII | 20.30 | 61.29 | 131.61 | 239.88 |
| Total | 12.08 | 37.33 | 81.57 | 266.22 |
Indian Phosphate IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Indian Phosphate IPO Review
- May Apply
Indian Phosphate IPO Form
How to apply for the Indian Phosphate IPO? You can apply for Indian Phosphate IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Indian Phosphate IPO in the Invest section. The other option is you can apply for Indian Phosphate IPO via IPO forms downloaded online. Check out the Indian Phosphate forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
