Balaji Phosphates IPO: Balaji Phosphates Limited is coming up with an IPO consisting of a fresh issue of 59,40,000 shares worth INR 41.58 crores and an offer to sell 12,18,000 existing shares worth INR 8.53 crores. The company aims to fund capital and working expenses while efficiently supporting general corporate purposes.
Balaji Phosphates Limited IPO open date is Feb 28, 2025 and the IPO will close on March 4, 2025. Balaji Phosphates IPO is a Book Built Issue. The company to raise around ₹50.11 crores via IPO that comprises fresh issue of ₹41.58 crores and offer for sale up to 12,18,000 equity shares with face value of ₹10 each.
Balaji Phosphates IPO Details
| IPO Open Date | February 28, 2025 |
| IPO Listing Date | March 7, 2025 |
| IPO Price | ₹66 to ₹70 Per Share |
| IPO Lot Size | 2,000 shares |
| IPO Issue Size | Approx ₹50.11 Crores |
| IPO Listing At | NSE SME |
| IPO Issue Type | Book Built Issue |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Balaji Phosphates IPO Market Lot
The Balaji Phosphates IPO minimum market lot is 2,000 shares with ₹1,40,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2,000 | ₹1,40,000 |
| Retail Maximum | 1 | 2,000 | ₹1,40,000 |
| S-HNI Minimum | 2 | 4,000 | ₹2,80,000 |
Balaji Phosphates IPO Dates
The Balaji Phosphates IPO date is 28 Feb 2025 and the close date is 04 Mar 2025. The Balaji Phosphates IPO allotment will be finalized on 05 Mar 2025 and the IPO listing on 07 Mar 2025.
| IPO Open Date | Feb 28, 2025 |
| IPO Close Date | March 4, 2025 |
| Basis of Allotment | March 5, 2025 |
| Refunds Date | March 6, 2025 |
| Credit to Demat Account | March 6, 2025 |
| IPO Listing Date | March 7, 2025 |
About Balaji Phosphates Company
Incorporated in 1996, Balaji Phosphates Limited manufactures and supplies Single Super Phosphate (SSP), NPK Granulated and Mixed Fertilizers, and Zinc Sulphate, all compliant with India’s Fertilizer Control Order standards.
Further, all their products comply with the regulations specified by the Fertilizer Control Order of India. As of 31 March 2024, the plant had an annual production capacity of 1,20,000 MT for SSP, 3,300 MT for Zinc Sulphate, and 49,500 MT for NPK Granulated & Mixed Fertilizers. Financially, it’s revenue was 151.55 cr in FY 2024 which was higher than the last two years.
Arihant Capital Markets Ltd is the book-running lead manager, with Skyline Financial Services Private Ltd as the registrar. Nnm Securities Private Limited is the market maker. Investors can refer to the Balaji Phosphates IPO RHP for complete details.
Balaji Phosphates IPO Financial Report
The Balaji Phosphates company reported revenue of ₹151.68 crores in 2024 against ₹144.64 crore in 2023. The company reported profit of ₹6.04 crores in 2024 against Profit of ₹6.09 crores in 2023. (Amount ₹ in Crores)
| Period Ended | Revenue | Assets | Profit After Tax | Expense |
|---|---|---|---|---|
| Mar 2022 | 124.12 | 82.35 | 3.19 | 119.56 |
| Mar 2023 | 144.64 | 96.83 | 6.09 | 136.37 |
| Mar 2024 | 151.68 | 88.48 | 6.04 | 143.31 |
| Aug 2024 | 54.85 | 95.68 | 4.15 | 49.42 |
Promoters of Balaji Phosphates IPO
The promoters of the Balaji Phosphates company are Mr. Alok Gupta And Mr. Mohit Airen.
Balaji Phosphates Company Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Balaji Phosphates Company Address
Balaji Phosphates Limited
305, Utsav Avenue, 12/5, Usha Ganj Jaora Compound,
Indore G.P.O., Indore (Madhya Pradesh)- 452001
Phone: +919827090267
Email: infous@balajiphosphates.com
Website: www.balajiphosphates.com
Balaji Phosphates IPO FAQs
What is the allotment date of the Balaji Phosphates IPO?
The allotment date of the Balaji Phosphates is March 5, 2025.
When Balaji Phosphates IPO will open for subscription?
The IPO is to open on February 28, 2025 for QIB, NII, and Retail Investors. The IPO will close on March 4, 2025.
What is Balaji Phosphates IPO Investors Portion?
The investors’ portion for QIB is 30%, NII is 30%, and Retail is 40%.
What is the listing date of the Balaji Phosphates IPO?
The listing date of the Balaji Phosphates is March 7, 2025.
What is Balaji Phosphates IPO Price Band?
Balaji Phosphates IPO Price Band is ₹₹66 to ₹70.
