Balaji Phosphates Limited

Balaji Phosphates Limited

SMEClosed

₹1,40,000(2,000 Shares)

Minimum Investment

IPO Dates

Feb 28, 2025 – Mar 4, 2025

Price Band

₹66–70 per equity share

Lot Size

2000

Listing

Mar 7, 2025

Listing At

NSE SME

Feb 28, 2025Open DateCompleted
Mar 4, 2025Close DateCompleted
TBAAllotment DateUpcoming
Mar 7, 2025Listing DateCompleted

Balaji Phosphates Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail1.09x

Overall Subscription

Total Bids Received

1.21x

Balaji Phosphates Limited IPO Issue Details

Issue Price
₹66-70 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
59,40,000 shares(aggregating up to ₹41.58 crore)
Listing At
NSE SME
Listing Date
Mar 7, 2025
Registrar
Skyline Financial Services Private Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)12,000₹1,40,000
Retail (Max)12,000₹1,40,000
sHNI (Min)24,000₹2,80,000

Reservation Details

28.5%

NII

20.4L

20.51%

QIB

14.68L

7.99%

Anchor

5.72L

5%

Market Maker

3.58L

Company Information

Balaji Phosphates Limited was incorporated in 1996 and manufactures SSP, NPK Granulated and Mixed Fertilizers, and Zinc Sulphate conforming to Indian standards as laid down in the Fertilizer Control O...

Valuations

EPS (Pre-IPO)

3.39

EPS (Post-IPO)

4.19

P/E (Pre-IPO)

20.67

P/E (Post-IPO)

16.72

RoNW

17.26%

PAT Margin

4.00%

P/B Value

3.57

Financial Information (₹ in Crores)

MetricFY 24FY 24FY 23FY 22
Total Assets95.2888.4896.8382.35
Total Revenue54.85151.68144.64124.12
Profit After Tax4.156.046.093.19
Net Worth39.153528.9722.86

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1To meet the capital expenditure requirements
  2. 2To meet the working capital requirements
  3. 3General corporate purposes

Balaji Phosphates Limited – Promoter(s)

Mr. Alok Gupta
Mr. Mohit Airen

Contact Details

Corporate Office

305, Utsav Avenue, 12/5, Usha Ganj Jaora Compound, Indore G.P.O., Indore- 452001

+919827090267

balajiphosphate@gmail.com

Visit Website

Balaji Phosphates Limited Allotment & Registrar Details

Check Allotment

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

Visit Registrar Website

Balaji Phosphates Limited IPO Documents

Frequently Asked Questions — Balaji Phosphates Limited IPO

The Balaji Phosphates Limited IPO price band is set at ₹66.00 to ₹70.00 per equity share.

The lot size for Balaji Phosphates Limited IPO is 2000 shares per lot. The minimum investment amount is approximately ₹1,40,000.

The Balaji Phosphates Limited IPO opens on Feb 28, 2025 and closes on Mar 4, 2025.

Balaji Phosphates Limited IPO is expected to be listed on Mar 7, 2025 on NSE SME.

The registrar for Balaji Phosphates Limited IPO is Skyline Financial Services Private Ltd. You can contact them at ipo@skylinerta.com.

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