Indian Potash Limited
-2.67 % 1 MAbout Indian Potash Limited
A Comprehensive Overview of Price & Journey
Understanding Indian Potash Limited Inception and Growth
Overview
Indian Potash Limited (IPL) is a leading fertilizer company in India and specializes in the import, handling, promotion, and marketing of potash and other fertilizers. Originally founded as the Indian Potash Supply Agency, it was renamed to Indian Potash Limited in 1970. It was established on June 17, 1955, and its headquarters are in Chennai, Tamil Nadu. Indian Potash Ltd operates under the ownership of the Indian Farmers Fertiliser Cooperative (IFFCO), which holds a 34% stake in the company. Because of its strong presence and important role in agriculture, many investors are curious about the Indian Potash share price and how the company is performing in the market. Though the company is not listed, people still track the Indian Potash Ltd share price in the unlisted space.
Products & Services
IPL offers a diverse range of products and services, including:
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Fertilizers: It provides Muriate of Potash (MOP), Triple Super Phosphate (TSP), Monoammonium Phosphate (MAP), and Sulfate of Potash (SOP).
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Animal Feed: It manages the Production and marketing of cattle feed to support the dairy farming sector.
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Dairy Products: It is engaged in dairy production, including milk and related products.
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Sugar Production: It manages its sugar manufacturing units.
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Precious Metals Trading: It is involved in the trading of precious metals such as gold and silver.
Board of Directors
The company's leadership includes:
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Shri Pankaj Kumar Bansal - Chairman, Managing Director
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Dr. U.S. Awasthi - Managing Director
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Shri. Rakesh Kapur - Joint Managing Director
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Shri Manish Gupta – Director
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Shri Dileep Sanghani - Chairman
IPO Details
As of March 2025, Indian Potash Limited remains an unlisted public company and has not announced any plans for an Initial Public Offering (IPO). However, its shares are available for trading in the unlisted market. That’s why people often look up the Indian Potash Limited share price and Indian Potash unlisted share price to understand how much its shares are worth today.
Subsidiaries
Following are the Wholly-Owned Subsidiaries of Indian Potash Limited (IPL):
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Goldline Milkfood and Allied Industries Limited: It is engaged in dairy and allied food product manufacturing.
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IPL Gujarat Port Limited: It manages port-related activities in Gujarat.
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IPL Sugar and Allied Industries Limited: It focuses on sugar production and related industries.
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Srikrishna Fertilizers Limited: It is specialized in fertilizer manufacturing.
Following is the Associate Company of Indian Potash Ltd:
- Jordan Phosphate Mines Company: IPL holds a 27.38% stake in this company, which is involved in phosphate mining and related activities.
About Indian Potash Limited
IPO Details, Price movement
Financial Performance for FY 2023-2024
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Revenue from Operations decreased from ₹33323 crore in FY2022-23 to ₹20946 crore in FY 2023-24.
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Profit Before Tax decreased from ₹2707 crore in FY2022-23 to ₹2213 crore in FY2023-24.
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Net Profit (PAT) decreased from ₹1874 crore in FY2022-23 to ₹1258 crore in FY 2023-24.
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Net Cash Used in Operating Activities was INR 5114 crore in FY23 and became INR 1474 crore in FY24.
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Cash flow from Investing Activities was INR 3710 crore in FY23 whereas it became INR 681 crore in FY24.
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Net cash used in Financing Activities was INR 2310 crore in FY23 whereas it became cash inflow of INR 192 crore in FY24.
Fundamentals
Financials
| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 18503.53 | 33323.02 | 20946.43 | - |
| Other Income | 162.32 | 189.59 | 297.75 | - |
| COGS | 1172.18 | 1510.51 | 1228.22 | - |
| Gross Profit | 17493.67 | 32002.10 | 20015.96 | - |
| Total Expense | 16553.85 | 30730.98 | 19317.73 | - |
| EBIDTA | 1389.82 | 1271.12 | 698.23 | - |
| D&A | 46.39 | 47.68 | 60.71 | - |
| EBIT | 1343.43 | 1223.44 | 637.52 | - |
| Interest Expense | 118.15 | 695.77 | 383.76 | - |
| PBT | 2032.13 | 2707.64 | 253.76 | - |
| TAX | 414.48 | 833.26 | 955.35 | - |
| PAT | 1617.65 | 1874.38 | 1257.83 | - |
| Diluted EPS | 565.67 | 655.44 | 439.84 | - |
| Basic EPS | 565.67 | 655.44 | 439.84 | - |
| Total income | 18,665.85 | 33,512.61 | 21,244.18 | 0.00 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and Cash Equivalents | 4927.25 | 1213.31 | 610.41 | - |
| Trade Payables | 1900.20 | 5454.36 | 3669.76 | - |
| Inventory | 6067.01 | 4012.84 | 3791.79 | - |
| Other Current Assets | 4297.27 | 2077.10 | 2172.22 | - |
| Total Current Assets | 17,191.73 | 12,757.61 | 10,244.18 | 0.00 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Plant Property and Equipment | 880.94 | 1220.39 | 1212.15 | - |
| Long Term Investment | 595.50 | 408.14 | 668.17 | - |
| Other Non Current Assets | 2710.08 | 4651.11 | 5496.60 | - |
| TOTOAL NON CURRENT ASSSETS | 4,186.52 | 6,279.64 | 7,376.92 | 0.00 |
| Total Assets | 21,378.25 | 19,037.25 | 17,621.10 | 0.00 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| TRADW Payable | 8626.39 | 5345.01 | 2087.71 | - |
| Other Current Liab | 6351.48 | 4430.28 | 4808.30 | - |
| Total Current Liab | 14,977.87 | 9,775.29 | 6,896.01 | 0.00 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Long Term Debt | 47.84 | 124.61 | 124.99 | - |
| Deffered Tax Liab | 158.33 | 810.50 | 986.12 | - |
| Other Non Current Liab | 67.96 | 87.09 | 98.07 | - |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 28.60 | 28.60 | 28.60 | - |
| Reserves And Surplus | - | - | - | - |
| Other Equity | 6097.66 | 8211.16 | 9487.61 | - |
| Retained Earnings | - | - | - | - |
| share Equity | 6,126.26 | 8,239.76 | 9,516.21 | 0.00 |
| Total Liabilities | 6,400.39 | 9,261.96 | 10,725.39 | 0.00 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash Flow from operating | 4199.58 | -5114.66 | -1474.56 | - |
| Cash Flow from financing | 2701.13 | -2310.20 | 192.28 | - |
| Cash Flow from investing | -3130.44 | 3710.01 | 681.18 | - |
| Net cash flow | 3,770.27 | -3,714.85 | -601.10 | 0.00 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
| Name | Designation | Share % |
|---|---|---|
| Indian Farmers Fertilisers Cooperative Limited | NA | 33.99% |
| Gujarat State Co-operative Marketing Federation Limited | NA | 10.45% |
| Gujarat State Fertilizers and Chemicals Limited | NA | 7.87% |
| Andhra Pradesh State Cooperative Marketing Federation Limited | NA | 6.23% |
| Madras Fertilisers Limited | NA | 5.54% |
| Others | NA | 35.92% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.