Balaji Phosphates Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 28-02-2025 | 04-03-2025 | ₹10 per share | 71 | 2,000 Shares | NSE SME | 71,58,000 shares (aggregating up to ₹50.11 Cr) | 2025-03-05 00:00:00 | 2025-03-06 00:00:00 | 2025-03-06 00:00:00 | 07-03-2025 |
About The Company
Balaji Phosphates IPO is a book built issue of Rs 50.11 crores. The issue is a combination of fresh issue of 59.40 lakh shares aggregating to Rs 41.58 crores and offer for sale of 12.18 lakh shares aggregating to Rs 8.53 crores.
Balaji Phosphates IPO opens for subscription on February 28, 2025 and closes on March 4, 2025. The allotment for the Balaji Phosphates IPO is expected to be finalized on Wednesday, March 5, 2025. Balaji Phosphates IPO will be list on NSE SME with a tentative listing date fixed as Friday, March 7, 2025.
Balaji Phosphates IPO price band is set at ₹66 to ₹70 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,32,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,40,000.The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹2,80,000.
Arihant Capital Markets Ltd is the book-running lead manager of the Balaji Phosphates IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.The market maker for Balaji Phosphates IPO is Nnm Securities Private Limited.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 82 | 124 | 3 | 22.86 | 16.92 | 19.88 |
| 31-03-2023 | 97 | 145 | 6 | 28.97 | 20.05 | 26.32 |
| 31-03-2024 | 88 | 152 | 6 | 35 | 17.17 | 33.22 |
| 01-10-2025 | 95 | 55 | 4 | 39.15 | 21.31 | 35.58 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | 140000 |
| Retail (Max) | 1 | 2000 | 140000 |
| HNI (Min) | 2 | 4000 | 280000 |
IPO Listing Details
| Listing Date | 07-03-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
The promoters of the company are Mr. Alok Gupta and Mr. Mohit Airen.
Contact Information of the Company
Balaji Phosphates Limited
305, Utsav Avenue, 12/5
Usha Ganj Jaora Compound,
Indore G.P.O., Indore- 452001
Phone: +919827090267
Email: balajiphosphate@gmail.com
Website: https://www.balajiphosphates.com/2
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Arihant Capital Markets Ltd (Past IPO Performance)