Indian Potash Limited
- Unlisted share
- Chemicals & Materials
- ISIN INE863S01015
At a glance
Sales
FY25
₹20,689 Cr
−1.2%on FY24What the company earned from its customers in the year.
Profit
FY25
₹1,661 Cr
+32.1%on FY24What was left after every cost and tax was paid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Indian Potash Limited
- ISIN
- INE863S01015
- Sector
- Chemicals & Materials
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹2,832.64
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Indian Potash Limited
Indian Potash Limited imports and distributes fertilisers across India, chiefly muriate of potash, di-ammonium phosphate and urea, and is one of the agencies that imports urea on the Government of India's behalf. It also runs sugar mills, a distillery, and cattle feed and dairy units. The company is owned mostly by co-operative bodies and public sector undertakings, with IFFCO the largest shareholder at about 34%.
Written from: careratings.com, indianpotash.org
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Chemicals & Materials
- ISIN
- INE863S01015
- Year of incorporation
- 1955
- Main shareholders
- Co-operative sector entities hold 70.21% and public sector entities 20.55%; IFFCO is the largest shareholder with 33.99%
- Key people
- Chairman: Pankaj Kumar Bansal; Managing Director: Sanjeev Vedprakash Varma
- Company website, Board of Directors page
- Corporate Identity Number
- U14219TN1955PLC000961
- GLEIF LEI register (Global Legal Entity Identifier Foundation)
- Official website
- indianpotash.org
Read from: CARE Ratings press release, 7 July 2026, unless another source is shown on a card.
Figures in ₹ crore
Financials
Indian Potash Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY22 to FY25: ₹18,521 Cr to ₹20,689 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY22 to FY25: ₹1,618 Cr to ₹1,661 Cr.
| Particulars | FY22 | FY23 | FY24 | FY25Latest |
|---|---|---|---|---|
| Total operating income (as reported by CARE Ratings) | 18,521.49 | 33,323.04 | 20,946.43 | 20,688.91▼1% |
| PBILDT (as computed by CARE) | 795.43 | 1,085.55 | 404.79 | 1,082.38▲167% |
| Profit after tax | 1,617.65 | 1,874.44 | 1,257.83 | 1,661.35▲32% |
Rupees crore unless marked, consolidated. The change shown is the latest year against the year before. Read from: CARE Ratings press release, 29 March 2024, CARE Ratings press release, 7 July 2026.
Credit rating. CARE AA; Stable (long term) and CARE A1+ (short term) on bank facilities; CARE A1+ on ₹800 crore commercial paper; reaffirmed 7 July 2026 (7 July 2026) CARE Ratings press release, 7 July 2026
Ownership
Shareholding pattern
Who owns the company
As of as stated July 2026
- Co-operative sector entities70.21%
- of which IFFCO (largest single shareholder)33.99%
- Public sector entities20.55%
- Total124.75%
Read from: CARE Ratings press release, 7 July 2026
Leadership
Management
Pankaj Kumar Bansal
Chairman (representing National Cooperative Development Corporation)
Sanjeev Vedprakash Varma
Managing Director
K.J. Patel
Director (representing Indian Farmers Fertiliser Cooperative Limited)
Rakesh Kapur
Director (representing Indian Farmers Fertiliser Cooperative Limited)
Dileep Sanghani
Director (representing Gujarat State Cooperative Marketing Federation Limited)
Nazhat J. Shaikh
Director (representing Rashtriya Chemicals and Fertilizers Limited)
Sudhir Bhargava
Independent Director
Read from: Company website, Board of Directors page (as shown October 2026)
Corporate calendar
Events
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Indian Potash Limited on WhatsAppIs the price shown for Indian Potash Limited final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Indian Potash Limited shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Indian Potash Limited shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Indian Potash Limited. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.