BALAJI PHOSPHATES...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO BALAJI PHOSPHATES...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Balaji Phosphates Ltd.

Balaji Phosphates Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹70
₹70
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹70
Based on GMP
Min. Investment
₹140,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Feb 2025
Close Date
04 Mar 2025
Allotment
05 Mar 2025
Listing Date
07 Mar 2025
Exchange
NSE SME
Price Band
₹70
Listing Price
See chart
Allotment Status
Price Band
₹70
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
71,58,000 shares (aggregating up to ₹50.11 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
1,78,37,100 shares
Promoters
Post-IPO Holding
2,37,77,100 shares
Promoters
P/E (Pre)
20.67x
 
P/E (Post)
16.72x
 
EPS (Pre)
₹3.39
 
EPS (Post)
₹4.19
 
UPI Deadline
2025-03-04
Mandate
Anchor AllotmentThu, 27 Feb 2025
Basis of AllotmentWed, 05 Mar 2025
Refund InitiationThu, 06 Mar 2025
Demat CreditThu, 06 Mar 2025
Listing DayFri, 07 Mar 2025
UPI Mandate Deadline2025-03-04
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public68,00,000 shares (aggregating up to ₹47.60 Cr)
Market Maker Quota3,58,000 shares (aggregating up to ₹2.51 Cr)
Fresh Issue Shares55,82,000 shares (aggregating up to ₹39.07 Cr)
Offer for Sale12,18,000 shares of ₹10 (aggregating up to ₹8.53 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Balaji Phosphates Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 04 Mar 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
358,000
₹2.51
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
7,158,000
100% ₹50.11
IPO Shares Offered
Balaji Phosphates Ltd. IPO total issue size: ₹50.11 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 358,000 ₹2.51
5.00%
Total 7,158,000 ₹50.11
100.00%
* Based on upper price band ₹70 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹70.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹280,000
Retail (Max — 13 Lots)1326,000₹1,820,000
S-HNI (Min — 14 Lots)1428,000₹1,960,000
B-HNI (Min — 68 Lots)68136,000₹9,520,000
* Issue Price ₹70 × Lot Size 2,000 shares
IPO Schedule
Anchor
27 Feb 2025
✓ Done
IPO Open
28 Feb 2025
✓ Done
IPO Close
04 Mar 2025
✓ Done
Allotment
05 Mar 2025
✓ Done
Refunds
06 Mar 2025
✓ Done
Demat Credit
06 Mar 2025
✓ Done
Listing Day
07 Mar 2025
✓ Done
Balaji Phosphates Ltd. — Live Price LIVE
₹70.00
INR · NSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹70.00 Live Price
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 StrengthLong 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.
Objects of the Issue
1
To meet the capital expenditure requirements;
2
To meet the working capital requirements; and
3
General corporate purposes
Balaji Phosphates Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹144.6
31 Mar 2023
₹151.7
31 Mar 2024
₹54.9
31 Aug 2024
Profit After Tax (PAT)
₹6.1
31 Mar 2023
₹6.0
31 Mar 2024
₹4.2
31 Aug 2024
Particulars31 Aug 202431 Mar 202431 Mar 2023
Revenue from Operations 54.85 151.68 144.64
EBITDA N/A N/A N/A
Profit After Tax (PAT) 4.15 6.04 6.09
Net Worth 39.15 35.00 28.97
Total Assets 95.28 88.48 96.83
Reserves & Surplus 21.31 17.17 20.05
Borrowings 35.58 33.22 26.32
EBITDA Margin (%) N/A
PAT Margin (%) 17.26%
P/BV Ratio
3.57
RoE
18.89%
RoCE
16.7%
RoNW
17.26%
PAT Margin
17.26%
Debt/Equity
0.95
Issue Structure & Shareholding
Total Shares Offered71,58,000 (100.00%)
Net Offer to Public68,00,000 shares (aggregating up to ₹47.60 Cr)
Reserved for Market Maker3,58,000 shares (aggregating up to ₹2.51 Cr)
Pre-Issue Promoter Holding1,78,37,100 shares
Post-Issue Promoter Holding2,37,77,100 shares
P/BV Ratio3.57
RoE18.89%
RoCE16.7%
Debt / Equity0.95
Script CodeN/A
Registrar & Lead Managers
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Check Allotment
Book Running Lead Managers
Arihant Capital Markets Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Balaji Phosphates Ltd. IPO subscribed?

Balaji Phosphates Ltd. IPO is subscribed 1.00 times by Mar 04, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Balaji Phosphates Ltd. IPO retail subscription status?

The Balaji Phosphates Ltd. IPO retail category is subscribed 1.00 times as of 04 Mar 2025. The retail portion is oversubscribed.

How to subscribe Balaji Phosphates Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Feb 2025 and closes 04 Mar 2025. Min investment: ₹140,000 (1 lot = 2,000 shares). UPI mandate: 2025-03-04.

How many times Balaji Phosphates Ltd. IPO subscribed?

The Balaji Phosphates Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Balaji Phosphates Ltd. IPO allotment?

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd.) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Mar 2025. Refunds: on 06 Mar 2025.

When Balaji Phosphates Ltd. IPO will be listed?

The Balaji Phosphates Ltd. IPO listing date is 07 Mar 2025, Friday. Listed on: NSE SME. Issue price: ₹70. Estimated listing: ₹70. GMP: NIL.

When Balaji Phosphates Ltd. IPO close?

The Balaji Phosphates Ltd. IPO closes on 04 Mar 2025, Tuesday. UPI mandate: 2025-03-04. Allotment: 05 Mar 2025. Listing: 07 Mar 2025.