Ipo Synopsis

Plot 638,Sector 11,

Udaipur - 313003,

Rajasthan, India.

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Initial public issue of 6804000 equity shares of face value of (Rs) 10/- each of Indian Phosphate Limited ("IPL" or the "Company" or the "Issuer") for cash at a price of (Rs) 99/- per equity share including a share premium of (Rs) 89/- per equity share (the "Issue Price") aggregating to (Rs) 67.36 crores ("The Issue"), of which 373200 equity shares of face value of (Rs) 10/- each for cash at a price of (Rs) 99/- per equity share including a share premium of (Rs) 89/- per equity share aggregating to (Rs) 3.69 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 6430800 equity shares of face value of (Rs) 10/- each at a price of (Rs) 99/- per equity share including a share premium of (Rs) 89/- per equity share aggregating to (Rs) 63.66 crores is herein after referred to as the "Net Issue". The issue and the net issue constituted 27.23% and 25.73%, respectively, of the post issue paid up equity share capital of the company.

Minimum Application for shares in Nos : 1200   Further Multiples of : 1200