Balaji Phosphates IPO

Listed Listed stocks

Balaji Phosphates IPO Details

  • Bidding Date

    28-Feb-2025 to
    04-Mar-2025

  • Issue Size

    ₹50.11 Cr

  • Price Band

    ₹66 to ₹70

  • Allotment date

    05-Mar-2025

  • Listing date

    07-Mar-2025

  • Lot size

    2000

  • No. of shares

    71,58,000

  • Fresh issue/OFS

    ₹41.58 Cr/₹8.53 Cr

About Balaji Phosphates Company

Balaji Phosphates Limited, incorporated on April 4, 1996, specializes in the manufacture and supply of phosphate-based fertilizers, including: Single Super Phosphate (SSP) in both powdered and granulated forms, NPK Granulated and Mixed Fertilizers, and Zinc Sulphate. These fertilizers comply with the Fertilizer Control Order of India and are marketed under the brand names ‘RATNAM’ and ‘BPPL’. The company’s products help improve soil health and crop yield, addressing deficiencies in phosphorus and zinc for acidic and alkaline soils, respectively. The company operates from its manufacturing unit in Dewas, Madhya Pradesh, covering 12,600 square meters. The company serves a wide range of agricultural markets with a strong presence in Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana, and Andhra Pradesh.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    1.2x

FAQs for Balaji Phosphates IPO.

The issue size of Balaji Phosphates is ₹50.11 Cr.

Balaji Phosphates falls into Other Chemicals industry.

The Balaji Phosphates IPO will be listed on BSE.

The open and close dates for the Balaji Phosphates are 28-Feb-2025 & 04-Mar-2025.

The price band for the Balaji Phosphates ipo is ₹66 to ₹70

The listing date of Balaji Phosphates IPO is 07-Mar-2025.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Balaji Phosphates total subscription ratio is 1.2X.

Key financial of the Balaji Phosphates are:


Balaji Phosphates FY-24 FY-23 FY-22
Revenue (₹ Cr) 151.55 144.54 123.65
EBIT (₹ Cr) 11.43 10.85 6.97
Proft after Tax (₹ Cr) 6.04 6.09 3.19
Debt (₹ Cr) 33.22 26.31 19.88
Net Worth (₹ Cr) 35 28.97 22.86
RoE (%) 17.26 21.02 13.96