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Balaji Phosphates IPO
0.76xsubscribed

Balaji Phosphates IPO

Fertilizers
listed
₹1.32LMin. investment

Balaji Phosphates Limited IPO Details

SectorFertilizers
Price range₹66.00 – ₹70.00
IPO type
SME
Lot size2000 shares
Issue size₹50Cr
Red Herring Prospectus
Read
Market cap
₹166.44CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹151.54CrLower than sector avg
Growth rate3Y CAGR
7.02%Higher than sector avg

Balaji Phosphates IPO Subscription Status

Date
QIB
NII
Retail
Total
28-Feb-25
0.0 times (X)
0.0 times (X)
0.22 times (X)
0.09 times (X)
03-Mar-25
0.0X
0.0X
0.55X
0.24X
04-Mar-25
1.26X
0.0X
1.06X
0.76X

As on 28-Feb-25, 5:30 PM

Balaji Phosphates IPO Timeline

  1. Pre-apply
    26 Feb 2025
  2. Bid start
    28 Feb 2025
  3. Bid end
    4 Mar 2025
  4. Allotment
    5 Mar 2025
  5. Release of funds
    6 Mar 2025
  6. Demat transfer
    6 Mar 2025
  7. Listing
    7 Mar 2025

About Balaji Phosphates Limited

Balaji Phosphates Ltd. is a leading producer of high-quality phosphate-based fertilizers, including Single Super Phosphate (SSP), Zinc Sulphate, and NPK Granulated & Mixed Fertilizers under the brands ‘RATNAM’ and ‘BPPL’. These products enhance soil fertility and support plant growth by addressing deficiencies in phosphorus, zinc, nitrogen, and potassium. With a focus on quality, the company serves farmers and cooperatives in regions like Madhya Pradesh and Maharashtra. Led by experienced promoters, Balaji Phosphates ensures high operational standards and product quality through rigorous testing and a well-equipped manufacturing unit.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Balaji Phosphates Limited IPO

Working capital requirements
45.69%
The company will allocate ₹19 Cr for its own working capital needs.
Capital expenditure for warehouse & facility upgradation
30.95%
The company will invest ₹12.87 Cr for a warehouse and facility upgrades at subsidiary's factory
General corporate purposes
Not assigned
A portion of IPO proceeds will be used for corporate purposes and strategic initiatives

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹151.54Cr7.02%₹6.04Cr₹166.44Cr20.640.95
This sector (avg.)₹2,722.47Cr0.01%₹177.25Cr₹7,165.36Cr44.870.48
₹24,085.24Cr---₹2,054.71Cr₹67,268.02Cr28.100.07
₹4,050.91Cr---₹41.23Cr₹52,849.61Cr2,024.410.96
₹16,646.2Cr---₹1,649.39Cr₹17,680.79Cr9.490.01

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Balaji Phosphates IPO Contact Details

Company NameBalaji Phosphates Limited

How to apply for Balaji Phosphates IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Balaji Phosphates Limited IPO FAQs

Investors can apply for the Balaji Phosphates IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Balaji Phosphates IPO is 50 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Balaji Phosphates IPO will be open between 2025-02-28 and 2025-03-04.
Balaji Phosphates IPO allotment date is 2025-03-06. For Balaji Phosphates IPO allotment status check, you can visit the website of the registrar of the IPO.
For Balaji Phosphates IPO, the IPO registrar is Skyline Financial Services Private Limited. You can check Balaji Phosphates IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Balaji Phosphates IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Balaji Phosphates IPO lot size is 2000 and minimum order quantity is 2000.
Balaji Phosphates IPO has set the price band for its IPO at 70 per equity share with a face value of 10.