Indian Phosphate Ltd IPO: Launching Soon

About Indian Phosphate Ltd:

Indian Phosphate Limited was established in 1998, and promoted by Mr. Ravindra Singh, Mrs. Mamta Arora, and Mr. Rushil Arora. IPhL’s manufacturing unit is situated in the Girwa district of Udaipur, Rajasthan. 

H3: Indian Phosphate Ltd IPO Details

Face Value: ₹10 per share
Price Band: ₹94 to ₹99 per share 

Lot Size: 1200 shares 

Fresh Issue: 6,804,000 shares

Listing Date: September 3, 2024

Today, IPhL is the leading manufacturer in Rajasthan, with its ‘Ankur SSP’ brand, being a popular brand across Northern and Western India. IPhL aims to understand and meet its customers' needs by using its manufacturing skills, strong research, and development programs. The company operates in the states of Rajasthan, Punjab, Himachal Pradesh, Uttarakhand, Gujarat, Maharashtra, and many more.

IPhL - A Chemical Industry

In the year 2004, IPhL built its first SSP (Single Super Phosphate) Power Plant with a capacity of 200 MT per day, which was doubled to 400 MT per day in 2010. In 2023, IPhL started to make a new SSP plant in Maharashtra. 

The company entered the chemical industry by setting up a plant for Linear Alkyl Benzene Sulphonic Acid (LABSA) with a capacity of 150 MT per day in 2009, expanding the capacity to 300 MT per day in 2022 by adding a new plant. The company is also working towards becoming completely carbon-neutral in the future.  

Indian Phosphate Ltd Services

The company is a diversified enterprise with a strong presence across multiple industries, including agriculture, chemicals, logistics, mining, hospitality, education, trading, and non-renewable energy. They specialize in the production of high-quality fertilizers, offering a range of products such as SSP in both powder and granulated forms, Zincated SSP, and Zincated-Boronated SSP, designed to enhance soil fertility and crop yield. In the chemical sector, they produce Linear Alkyl Benzene Sulphonic Acid (LABSA-90%), a key ingredient in various industrial applications. The company’s logistics services ensure efficient and reliable transportation solutions, while their mining and beneficiation operations focus on extracting and processing valuable minerals. Additionally, they are committed to excellence in hospitality and education, providing top-tier services in these sectors. Their trading and non-renewable energy divisions further demonstrate the company’s commitment to meeting diverse market needs with innovative and sustainable solutions.

Conclusion:

Indian Phosphate’s upcoming IPO presents a captivating opportunity for investors to engage with a company that has a strong presence in industries like fertilizers, chemicals, and mining. With a well-established brand, focusing innovation, and a commitment to sustainability, IPhL is positioned for continued growth and success across diverse sectors. 

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