IPO

Balaji Phosphates Ltd. IPO

Balaji Phosphates Ltd., established in 1996, operates in the Fertilisers sector. The company's IPO opened on February 28, 2025 and closed on March 4, 2025, with an issue price of ₹70. The Balaji ... Read more

Min Investment
₹ 1,40,000 / 2000 shares
Price Range
₹66 - ₹ 70
Bidding Dates
28 Feb '25 - 4 Mar '25
Total Issue Value
50.11 Cr
Lot Size
2,000
Total Issue Size
50.11 Cr
Listing At
NSE SME
Subscription
1.17 times
NSE Price
142.75 (103.93%)

IPO Timeline

  • 28 Feb 2025
    Bidding Starts
  • 4 Mar 2025
    Bidding Ends
  • 5 Mar 2025
    Allotment Finalization
  • 7 Mar 2025
    Listing

About Balaji Phosphates Ltd.

Our company is engaged in the production of NPK Granulated and Mixed Fertilizers, as well as Zinc Sulfate (21%). We focus on manufacturing Phosphate Fertilizers, offering a diverse range of products including Single Super Phosphate (SSP) in both powder and granulated forms. Our SSP products are ... Read more

Parent organisation
Founded
Balaji Phosphates Ltd.
1996

Balaji Phosphates Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 12,24,000 (17.1%)
Market Makers 3,58,000 (5%)
Non Institutional Investors 20,40,000 (28.5%)
Qualified Institutional Buyers (QIBs) 8,16,000 (11.4%)
Retail Individual Investors (RIIs) 27,20,000 (38%)

Balaji Phosphates Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 100.72 Cr 7.30 Cr 54.15 Cr
31 Mar 2024 118.27 Cr 5.20 Cr 15.67 Cr
31 Mar 2023 114.26 Cr 5.94 Cr 22.99 Cr
Balaji Phosphates Ltd. Object of Issues

1. To meet the Capital expenditure
2. Funding of working capital requirements of the Company
3. General Corporate Expenses

Balaji Phosphates Ltd. IPO Listing Details
Listing Date
7 Mar 2025
NSE Symbol
BALAJIPHOS
ISIN
INE0PQ601019
Final Issue Price
₹ 70
Balaji Phosphates Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 70.00
Open - ₹ 75.00
Low - ₹ 73.50
High - ₹ 78.00
Last Trade - ₹ 74.35
Balaji Phosphates Ltd. Company Promoters

1. Mr. Alok Gupta
2. Mr. Mohit Airen

Industry Overview

Our Company operates in the fertilizer sector which is dependent on Agriculture. As per the Second Advance Estimates of National Income, the share of GVA of agriculture and allied sectors in the total economy in 2022-23 was 18.3%, with a growth rate of 3.3%. Between April 2000-September 2023, FDI ... Read more

Balaji Phosphates Ltd. IPO Registrar
Skyline Financial Services Pvt. Ltd.
D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi Delhi - 110020
40450193 - 97
Balaji Phosphates Ltd. IPO Lead Manager(s)
Arihant Capital Markets Ltd.
1011, Solitaire Corporate Park, Building No.10, 1st Floor, Andheri Ghatkopar Link Road, Chakala, Andheri (East), Mumbai Maharashtra - 400093
42254800

FAQs

When does Balaji Phosphates Ltd. IPO opens and closes?

Balaji Phosphates Ltd. IPO opens from 28th February to 4th March 2025.

What is the size of Balaji Phosphates Ltd. IPO?

The size of the Balaji Phosphates Ltd. IPO is ₹50.11 Cr.

What is the price range of Balaji Phosphates Ltd. IPO?

The price range of Balaji Phosphates Ltd. IPO is at ₹66 to ₹70 per share.

What is the minimum investment and lot size required for the Balaji Phosphates Ltd. IPO?

The minimum investment required is ₹1,40,000 and minimum lot size is 2000 shares.

When is Balaji Phosphates Ltd. IPO listing date?

The Balaji Phosphates Ltd. IPO will be listed on 7th March 2025.

What is the objective of Balaji Phosphates Ltd. IPO?

1. To meet the Capital expenditure
2. Funding of working capital requirements of the Company
3. General Corporate Expenses

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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