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Indian Phosphate Limited logo

Indian Phosphate Limited IPO

SME IPOListedIPHLNSE
Current Market Price (CMP)
₹73.65(-25.61%)
Current Price (CMP)
₹73.65(-25.61%)

Live Market Quote

Listing Price & Gain
₹188.10(+90.00%)

Day 1 Exchange Open

IPO Issue Price
₹99

Band: ₹94 - ₹99

Total Subscription
260.23x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
26 Aug 2024
IPO Bidding Closes
29 Aug 2024
Allotment & Refunds
Completed
Exchange Listing Day
03 Sept 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 260.23x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription260.23x
Updated as on 29-Aug-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+90.00%
₹99 (Issue) → ₹188.10 (List)
Per share profit: +₹89.10
Holding Return (Till Date)-25.61%
₹99 (Issue) → ₹73.65 (CMP)
Net gain per share: ₹-25.35
Post-Listing Performance (Listing Day → Today):-60.85%

About Indian Phosphate Limited IPO

Indian Phosphate Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 26 Aug 2024 and concluded on 29 Aug 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹94 - ₹99.

During the bidding window, Indian Phosphate Limited witnessed heavy demand with an overall subscription of 260.23 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Indian Phosphate Limited officially debuted on the stock exchanges on 03 Sept 2024 at an opening listing price of ₹188.10, delivering a listing day return of +90.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹73.65, representing an overall decline of -25.61% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Indian Phosphate Limited IPO?
The issue price of Indian Phosphate Limited IPO was fixed at ₹99 per equity share. The indicative bidding price band was ₹94 - ₹99.
What were the open, close, and listing dates for Indian Phosphate Limited IPO?
Indian Phosphate Limited IPO opened on 26 Aug 2024, closed on 29 Aug 2024, listed on 03 Sept 2024.
How much was Indian Phosphate Limited IPO subscribed?
The IPO received an overall subscription of 260.23 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Indian Phosphate Limited IPO?
Indian Phosphate Limited IPO listed on the stock exchange at ₹188.10, delivering a listing gain of 90.00% compared to the IPO issue price of ₹99.
Is Indian Phosphate Limited IPO a Mainboard or SME IPO?
Indian Phosphate Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Indian Phosphate Limited IPO since its IPO?
At the latest market quote of ₹73.65, Indian Phosphate Limited IPO has generated an all-time return of -25.61% since its initial public offering.

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