Indian Potash Unlisted Shares
Indian Potash Ltd.
INE863S01015
Incorporation Date: 17-Jun-1955
Listing Status: DRHP Not Filed
About Indian Potash Unlisted Shares
Overview of Indian Potash Unlisted Shares
Indian Potash Limited (IPL), established in 1955 and headquartered in Chennai, is a prominent player in India's fertilizer industry. As a subsidiary of the Indian Farmers Fertiliser Cooperative (IFFCO), IPL specializes in importing, handling, promoting, and marketing potash and other fertilizers across the country. 1955: Formation of the Indian Potash Supply Agency (IPSA) to manage the import and distribution of potash fertilizers in India. 1970: Restructuring and renaming of IPSA to Indian Potash Limited (IPL), with an expanded equity base involving cooperative, private, and public sector stakeholders. 2010-2011: Acquisition of five sugar units in Uttar Pradesh, marking IPL's entry into the sugar industry. 2011: Initiation of diversification into sugar and port operations, including plans for a greenfield port facility on the Gujarat coast. 2016: Partnership with WISeKey to develop a cybersecurity/IoT platform aimed at connecting 140 million farmers and 200 companies, enhancing digital security and data management in agriculture. 2022: Signing of a five-year Memorandum of Understanding (MoU) with Israel Chemicals Limited (ICL) for the supply of Muriate of Potash (MOP), ensuring a consistent flow of high-quality potash into India. IPL has established significant partnerships to ensure a steady supply of fertilizers and to promote sustainable agricultural practices: Israel Chemicals Limited (ICL): In 2022, IPL signed a five-year Memorandum of Understanding (MoU) with ICL for the supply of Muriate of Potash (MOP), ensuring a consistent flow of high-quality potash into India. UPL Unimart: Collaborated to transform sugarcane farming across India by providing farmers with advanced agricultural solutions and training. WISeKey: Partnered to create a cybersecurity/IoT platform aimed at connecting 140 million farmers and 200 companies, enhancing digital security and data management in agriculture. IPL's primary customers include: State Cooperative Marketing Federations Primary Agricultural Cooperatives Private dealers Individual farmers across India To meet India's fertilizer demands, IPL imports potash and other fertilizers from various countries, including: Canada Belarus Russia Israel Jordan IPL is India’s largest importer and marketer of Potassic fertilizers. Muriate of Potash (MOP) – primary potash fertilizer Sulphate of Potash (SOP) – premium potash fertilizer for chloride-sensitive crops NPK Fertilizers (Nitrogen, Phosphorus, Potassium combinations) NPK 10:26:26 NPK 12:32:16 NPK 20:20:0 Di-Ammonium Phosphate (DAP) Zinc Sulphate Magnesium Sulphate Boron-based micronutrients Water-soluble fertilizers (e.g., 19:19:19, 00:52:34, 13:00:45) Caustic Soda Sodium Carbonate (Soda Ash) Hydrochloric Acid Sulphuric Acid India's agriculture sector is a significant component of its economy, with fertilizers playing a crucial role in enhancing crop yields. Potash, in particular, is vital for plant health and productivity. Given that India relies heavily on imports to meet its potash requirements, companies like IPL are essential in ensuring the timely and efficient supply of this nutrient. Despite global challenges, such as diplomatic tensions affecting trade routes, IPL has maintained steady imports to support Indian farmers. Timeline
Strategic Partnerships
Buyers:
Suppliers:PRODUCTS
1. Fertilizers (Core Business)
a. Potassic Fertilizers
b. Complex Fertilizers
c. Phosphatic Fertilizers
d. Micronutrients & Specialty Fertilizers
2. Industrial ChemicalsIndustry Overview
Insights of Indian Potash Unlisted Shares
Indian Potash Limited (IPL), one of India’s largest importers and distributors of fertilizers, witnessed a dip in revenue in FY 2023-24, driven largely by a nationwide subsidy cut across the fertilizer sector. Like its peers Coromandel International, Chambal Fertilisers, and Gujarat State Fertilizers, IPL faced the brunt of reduced government support after a year of elevated subsidies in 2022-23. As a result, IPL’s total income fell by 35% to ₹22,033.63 crore, though the company impressively managed a 2% increase in Profit Before Tax, underscoring operational resilience.
Despite the drop, IPL’s core strength remains its fertilizer business. In 2023-24, the company generated the bulk of its product sales from Muriate of Potash (MOP) and Di-Ammonium Phosphate (DAP), accounting for ₹5,296.50 crore and ₹4,342.41 crore respectively. This concentration reflects not just demand dynamics but also strong procurement security—IPL has a five-year Memorandum of Agreement (MoA) with Israel for uninterrupted MOP supply, effective until 2027. This long-term contract shields it from price volatility and supply chain shocks in a crucial input segment.
From a valuation standpoint, IPL appears significantly undervalued in the unlisted market. It is currently trading at a Price-to-Earnings (P/E) ratio of just 7.5, while comparable listed peers in the sector trade between 12 and 15. Given its robust profit margins, consistent dividend payouts, and strategic government relationships (like the urea import mandate valid until 2026), the probability of rerating is strong.
As the company navigates policy changes and currency risks, its diversified portfolio and core operational efficiency make it a compelling investment candidate in the fertilizer space. Investors seeking value in the unlisted market should keep a close eye on IPL’s future trajectory.
SWOT Analysis
Peer Comparison
Indian Potash Ltd.: IPO Plans
Indian Potash Limited (IPL) has not yet made any official announcements or public declarations regarding the start of an Initial Public Offering (IPO). In spite of Indian Potash Ltd.’s prominence in the Indian fertiliser distribution industry, no evidence is currently accessible indicating that the firm is actively contemplating or intends to carry out an IPO in the near future. A number of variables, including the company’s financial situation, market conditions, and internal strategy concerns, may have contributed to the decision to forego an IPO.
Financial Charts of Indian Potash Unlisted Shares
Balance Sheet of Indian Potash Unlisted Shares
Profit and Loss of Indian Potash Unlisted Shares
Ancillary of Indian Potash Unlisted Shares
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Indian Potash Unlisted Shares
-
How to buy Indian Potash Ltd.?
Below are three ways through which you can purchase Indian Potash Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Indian Potash Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
How to sell Indian Potash Ltd.?
Below are three ways through which you can sell Indian Potash Ltd.:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Indian Potash Ltd., please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
What is the price of Indian Potash Ltd.?
We provide a two way quote on all the shares we deal in. Your buy price for Indian Potash Ltd. is ₹2999 and your sell price for Indian Potash Ltd. is ₹2600. The price is based on our estimates and market conditions.
-
What is the lock-in period of Indian Potash Ltd.?
The lock-in period for Indian Potash Ltd. varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Indian Potash Ltd.
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Indian Potash Ltd.
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
-
How is the Indian Potash Ltd. price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Indian Potash Ltd.. The price is also determined from the most recent funding round for Indian Potash Ltd.. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
-
What are the lot sizes of Indian Potash Ltd.?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Indian Potash Ltd. with us kindly click here.
-
What are the financials of Indian Potash Ltd.?
The financials of Indian Potash Ltd. which includes the P/L of Indian Potash Ltd. and the Balance Sheet of Indian Potash Ltd. is in the financials section (Click on link).
-
Where can I find the annual report of Indian Potash Ltd.?
The annual report of Indian Potash Ltd. is available in the annual report section (Click on link).
-
Is buying Indian Potash Ltd. legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
-
Short-term Capital Gain taxes to be paid on Indian Potash Ltd.?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
-
Long-term Capital Gain taxes to be paid on Indian Potash Ltd. and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
-
Applicability of Taxes on Indian Potash Ltd. once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Indian Potash Ltd.?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Indian Potash Ltd. from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
Press of Indian Potash Unlisted Shares
Featured Blogs of Indian Potash Unlisted Shares
Annual Report of Indian Potash Unlisted Shares
Company Information of Indian Potash Unlisted Shares
Featured Companies


