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Balaji Phosphates Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹70
Issue Price
₹70
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹70
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹140,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Feb 2025
Fri Completed
Done
Close Date
04 Mar 2025
Tue Completed
Done
Allotment
05 Mar 2025
Wed Completed
Done
Refund
06 Mar 2025
Thu Completed
Done
Demat Credit
06 Mar 2025
Thu Completed
Done
Listing Date
07 Mar 2025
Fri Completed
UPI Deadline: 04 Mar 2025
Issue Details
Pricing & Size
Issue Price
₹70 Face ₹10
Lot Size
2,000 shares
Min Investment
₹140,000
Total Issue Size
71,58,000 shares (aggregating up to ₹50.11 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,58,000 (5.00%
QIB Portion
20,40,000 (28.50%)
NII / HNI
20,40,000 (28.50%)
Retail
27,20,000 (38.00%)
Employee
-
Net Offer to Public
68,00,000 shares (aggregating up to ₹47.60 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,78,37,100 shares
Post-Issue Shareholding
2,37,77,100 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,40,000
HNI / NII 2 4000 ₹2,80,000
Objects of Issue
3 objectives
1
To meet the capital expenditure requirements;
2
To meet the working capital requirements; and
3
General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
Arihant Capital Markets Ltd
Market Maker
NNM Securities Pvt.Ltd
IPO Timeline
Open
28 Feb
✓ Done
Close
04 Mar
✓ Done
Allotment
05 Mar
✓ Done
Listing
07 Mar
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
ipo@skylinerta.com
Company Contact
Email
balajiphosphate@gmail.com
Phone
+919827090267
Address
305, Utsav Avenue, 12/5 Usha Ganj Jaora Compound, Indore G.P.O. Indore, Madhya Pradesh, 452001
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹70
Est. Listing
₹70
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Balaji Phosphates Ltd. LIVE
INR ·
vs Issue
Open
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P/E
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| Price
Market Reference
IPO Issue Price
₹70
GMP
+₹0 (+0%)
GMP Est. Listing
₹70
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 20,40,000 (28.50%) ₹1,428.00 Cr
NII / HNI (Total) 20,40,000 (28.50%) ₹1,428.00 Cr
Retail Investors 27,20,000 (38.00%) ₹1,904.00 Cr
Total ** 71,58,000 (100.00%) ₹50,106.00 Cr
Market Maker * 3,58,000 (5.00% ₹25.06 Cr
* Based on ₹70.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
20,40,000 (28.50%)
NII
20,40,000 (28.50%)
Retail
27,20,000 (38.00%)
Market Maker
3,58,000 (5.00%
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Aug 202431 Mar 202431 Mar 2023
Revenue54.85151.68144.64
PAT4.156.046.09
EBITDA
Net Worth39.1535.0028.97
Total Assets95.2888.4896.83
Reserves21.3117.1720.05
Borrowings35.5833.2226.32
Key Financial Ratios
18.89%
ROE
Return on Equity
16.7%
ROCE
Return on Capital Employed
17.26%
RONW
Return on Net Worth
17.26%
PAT Margin
PAT / Revenue
0.95
D/E Ratio
Debt to Equity
3.57
P/BV
Price to Book Value
3.39
Pre EPS
EPS Pre-Issue
4.19
Post EPS
EPS Post-Issue
20.67
Pre P/E
P/E Pre-Issue
16.72
Post P/E
P/E Post-Issue
About Balaji Phosphates Ltd.

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.

The company markets its products under the brands ‘RATNAM’ and ‘BPPL’ to various customers, including retailers, wholesalers, and cooperatives, with farmers as end users.

The product portfolio consists of Phosphate fertilizers like SSP, zinc sulfate, and NPK Mix enhance plant growth in agricultural soils.

The company sells its products in regions such as Madhya Pradesh, Chhattisgarh, Maharashtra, Andhra Pradesh and Telangana.

The company's manufacturing unit is in Dewas, Madhya Pradesh. As of March 31, 2024, the company's manufacturing unit had capacities of 120,000 MT per year for Single Super Phosphate, 3,300 MT for Zinc Sulphate, and 49,500 MT for NPK Granulated & Mix. 

As of August 31, 2024, the company employs 40 individuals, including skilled and unskilled labour, administrative staff, management, and operations teams.

Competitive Strength

  • Long standing in the fertilizer trade.
  • Wide spread network in regions Madhya Pradesh, Chhattisgarh, Maharashtra, Andhra Pradesh and Telangana.
  • The factory's strategic location in Dewas, Madhya Pradesh, offers a competitive advantage.
  • Long-standing and experienced management team.
Frequently Asked Questions
What is the issue price of Balaji Phosphates Ltd. IPO?
The issue price of Balaji Phosphates Ltd. IPO is ₹70 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹140,000.
What are the IPO dates?
Opens 28 Feb 2025, closes 04 Mar 2025.
When is the listing date?
Tentative listing: 07 Mar 2025 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹70 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Balaji Phosphates Ltd. IPO · Expected 05 Mar 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
05 Mar 2025
Refund Initiation
06 Mar 2025
Demat Credit
06 Mar 2025
Listing Date
07 Mar 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹70
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹140,000
1 lot
Est. Listing
₹70
GMP +₹0
Key Dates
Open
28 Feb Done
Close
04 Mar Done
Listing
07 Mar Done
Registrar
Skyline Financial Services Pvt.Ltd.
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