Balaji Phosphates IPO description – Balaji Phosphates specializes in manufacturing and supplying a range of fertilizers, including Single Super Phosphate (SSP) in both powder and granulated forms, NPK Granulated and Mixed Fertilizers, and Zinc Sulphate. All products adhere to the standards set by the Fertilizer Control Order of India. The company markets its products under the brand names ‘RATNAM’ and ‘BPPL,’ catering to a wide customer base, including retailers, wholesalers, and state-owned cooperatives, with farmers as the end users.
Balaji Phosphates offers a range of phosphate-based fertilizers, including Single Super Phosphate (SSP), Zinc Sulphate, and NPK Granulated & Mixed Fertilizers, designed to enrich agricultural soils and promote plant growth. The company serves farmers across Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana, and Andhra Pradesh, contributing to regional agricultural development.
Its manufacturing facility is located in Dewas, Madhya Pradesh. As of 31 March 2024, the plant had an installed production capacity of 1,20,000 MT per annum for Single Super Phosphate, 3,300 MT per annum for Zinc Sulphate, and 49,500 MT per annum for NPK Granulated & Mixed Fertilizers.
Promoters of Balaji Phosphates – Mr. Alok Gupta, and Mr. Mohit Airen
Table of Contents
Balaji Phosphates Offer Details
| Balaji Phosphates IPO Dates | 28 February – 4 March 2025 |
| Balaji Phosphates Issue Price | INR 66 – 70 per share |
| Fresh issue | 59,40,000 shares (INR 39.20 – 41.58 crore) |
| Offer For Sale | 12,18,000 shares (INR 8.04 – 8.53 crore) |
| Total IPO size | 71,58,000 shares (INR 47.24 – 50.11 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 1,40,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 40% |
| Listing On | NSE EMERGE |
Balaji Phosphates Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 5M FY 2025 | |
| Revenue | 123.65 | 144.54 | 151.55 | 53.37 |
| Expenses | 119.56 | 136.37 | 143.31 | 49.42 |
| Net income | 3.19 | 6.09 | 6.04 | 4.15 |
Balaji Phosphates Offer News
- Balaji Phosphates RHP
- Balaji Phosphates Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Balaji Phosphates Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 1.79 | 3.42 | 3.39 |
| PE ratio | – | – | 19.47 – 20.65 |
| RONW (%) | 13.96 | 21.02 | 17.26 |
| NAV | 12.82 | 16.24 | 19.62 |
| ROCE (%) | 17.3 | 19.8 | 16.7 |
| EBITDA (%) | 6.4 | 8.1 | 8.0 |
| Debt/Equity | 0.87 | 0.91 | 0.95 |
Balaji Phosphates IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Balaji Phosphates IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 14,68,000 | 20,40,000 | 27,20,000 | 62,28,000 |
| 4 Mar 2025 | 1.26 | 1.51 | 1.09 | 1.27 |
| 3 Mar 2025 | 0.00 | 1.16 | 0.60 | 0.64 |
| 28 Feb 2025 | 0.00 | 0.27 | 0.21 | 0.18 |
The market maker reservation portion of 3,58,000 shares and anchor investor portion of 5,72,000 shares are not included in the above calculations.
Balaji Phosphates IPO Allotment Status
Balaji Phosphates IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Balaji Phosphates IPO Dates & Listing Performance
| IPO Opening Date | 28 February 2025 |
| IPO Closing Date | 4 March 2025 |
| Finalization of Basis of Allotment | 5 March 2025 |
| Initiation of refunds | 6 March 2025 |
| Transfer of shares to demat accounts | 6 March 2025 |
| IPO Listing Date | 7 March 2025 |
| Opening Price on NSE SME | INR 75 per share (up 7.14% ) |
| Closing Price on NSE SME | INR 74.35 per share (up 6.21% ) |
Balaji Phosphates Offer Lead Manager
ARIHANT CAPITAL MARKETS LIMITED
1011, Solitaire Corporate Park, Guru Hargovindji Road,
Chakala, Andheri (E), Mumbai – 400 093
Phone: 022-42254800
Email: mbd@arihantcapital.com
Website: www.arihantcapital.com
Balaji Phosphates Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91-11-40450193-97
Email: compliances@skylinerta.com
Website: www.skylinerta.com
Balaji Phosphates Contact Details
BALAJI PHOSPHATES LIMITED
305 Utsav Avenue, 3rd Floor, 12/5 Ushaganj Jaora
Compound, Indore G.P.O., Indore – 452001
Phone: +919827090267
E-mail: infous@balajiphosphates.com
Website: www.balajiphosphates.com
IPO FAQs
What is the Balaji Phosphates offer size?
Balaji Phosphates offer size is INR 47.24 – 50.11 crores.
What is the Balaji Phosphates offer price band?
Balaji Phosphates public offer price is INR 66 – 70 per share.
What is the lot size of the Balaji Phosphates IPO?
Balaji Phosphates offer lot size is 2,000 shares.
What is Balaji PhosphatesIPO GMP today?
Balaji Phosphates IPO GMP today is INR NA per share.
What is the Balaji Phosphates kostak rate today?
Balaji Phosphates kostak rate today is INR NA per application.
What is Balaji Phosphates IPO Subject to Sauda rate today?
Balaji Phosphates Subject to Sauda rate today is INR NA per application.