Indian Phosphate Limited IPHL IPO Hitting Market On 26th August 2024. Check IPO Price

According to SEBI circular number SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated June 28, 2019, all parties are required to adhere to the provisions outlined in the circular, which specify the following: Intermediaries must retain physical application forms submitted by retail individual investors using UPI as a payment method for six months. After this period, the forms should be forwarded to the issuer or Registrar to Issue. However, in the case of electronic forms, there is no requirement to retain or send printed versions to the issuer. Intermediaries must also maintain electronic records of these forms for a minimum of three years at all times.

• Symbol: IPHL
• Issue Period: August 26, 2024, to August 29, 2024
• Cut-off Time for UPI Mandate Confirmation: August 29, 2024, up to 5:00 PM
  • Note: The new cut-off time for accepting UPI mandates is 5:00 PM on the last day of IPO bidding. Only bids with confirmed mandate amount blocked (status RC100) will be considered valid applications. Investors are advised to submit their UPI applications well in advance to avoid any last-minute technical or system issues that could affect their ability to participate in the IPO by accepting the mandate.
• Issue Size: Initial public offering of up to 68,04,000 equity shares, which includes a Market Maker portion of 3,73,200 equity shares and an anchor allocation of 19,28,400 equity shares.
• Issue Type: 100% Book Building
• Price Range: ₹94 to ₹99 per equity share
• Face Value: ₹10 per share
• Tick Size: ₹1
• Bid Lot: 1,200 equity shares and multiples thereof
• Minimum Order Quantity: 1,200 equity shares
• Maximum Subscription Amount for Retail Investors: ₹2,00,000
• Maximum Bid Quantity for QIB Investors: 45,02,400 equity shares in multiples of 1,200 equity shares (calculated at the higher end of the price band)
• Maximum Bid Quantity for NIB Investors: 32,16,000 equity shares in multiples of 1,200 equity shares (calculated at the higher end of the price band)
• IPO Market Timings: 10:00 AM to 5:00 PM
• Book Running Lead Managers: Beeline Capital Advisors Private Limited
• Sponsor Bank: Axis Bank Limited
• Investor Categories: FI, IC, MF, FII, OTH, CO, IND, and NOH
• Sub-Categories Applicable for UPI: IND (up to ₹5 lakhs)
• Registrar Name: Bigshare Services Private Limited
• Registrar Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai 400093, India
• Registrar Contact Person: Mr. Vinayak Morbale
  • Phone: +91 22-62638200
  • Email: [email protected]