What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Indian Phosphate Limited IPO?

Indian Phosphate Limited IPO has received a total subscription of 281.80 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Indian Phosphate Limited

ListedSME

Emerging SME Services · NSE

Indian Phosphate Limited, founded in 1998, is a leading producer of Linear Alkyl Benzene Sulfonic Acid (LABSA 90%), a key ingredient in cleaning products like washing powders, toilet cleaners, and liquid detergents. The company also manufactures Single Super Phosphate (SSP) and Granules Single Super Phosphate (GSSP), enriched with Zinc and Boron, following India’s Fertilizer Control Regulation. Its manufacturing facility in Girwa, Udaipur, Rajasthan, benefits from easy access to essential raw materials like sulphuric acid and rock phosphate, while linear alkyl benzene (LAB) is sourced from major suppliers such as IOCL, Nirma Ltd, and Reliance Industries Ltd. Operating across multiple states, including Punjab, Bihar, and Gujarat, Indian Phosphate Limited had 103 employees as of January 31, 2024.

Price Band

₹94 – ₹99

Issue Size

₹67.36 Cr

Lot Size

1200 shares

GMP

₹125

+126.3%

Est. Listing

₹224

at current GMP

Subscribed

281.80x

overall

Open

26 Aug 2024

29 Aug 2024

Allotment

30 Aug 2024

Refund

31 Aug 2024

Demat Credit

1 Sep 2024

Listing

3 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

281.80x

Total Demand

QIB Multiplier

181.58x

Institutions & Funds

NII / HNI

444.49x

High Net-Worth

Retail (RII)

269.35x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 281.80x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,286,400	233,589,600	181.58x
NIB	964,800	428,839,200	444.49x
RETAIL	2,251,200	606,354,000	269.35x
Total	4,502,400	1,268,782,800	281.80x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 275.64x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,985	534,660	269.35x
HNIs (10L +)	13	5,778	444.49x
HNIs (2-10L)	61	27,114	444.49x
Total Applications	2,059	567,552	275.64x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Indian Phosphate Limited Public Issue & Market Profile

Indian Phosphate Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹67.36 Crores. The shares are offered at a price band of ₹94 to ₹99 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,18,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-01, while un-allotted funds or UPI block mandates will be released on 2024-08-31.

Frequently Asked Questions

What is Indian Phosphate Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Indian Phosphate Limited IPO is ₹125 per equity share. Based on the upper price band of ₹94 to ₹99 per equity share, the estimated listing price is ₹224 (+126.3% expected listing gain).

What is the expected profit per lot for Indian Phosphate Limited IPO?

With a lot size of 1200 shares and current GMP of ₹125, the expected profit per application lot is approx ₹1,50,000 (+126.3% gain). Minimum application cost is approx ₹1,18,800.

What is the issue size and price band for Indian Phosphate Limited IPO?

The Indian Phosphate Limited IPO aggregate issue size is ₹67.36 Crores with an equity price band set at ₹94 to ₹99 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,18,800.

How can I check Indian Phosphate Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 281.80x (Retail: 269.35x, QIB: 181.58x, NII: 444.49x). You can track live multiples directly on our dedicated subscription page.

Where and when will Indian Phosphate Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2024-08-30. Investors can verify status using PAN card or application number.

When is the listing date for Indian Phosphate Limited IPO?

Indian Phosphate Limited shares are scheduled to list on NSE on 2024-09-03.