Balaji Phosphates IPO Details
| IPO Open Date: | February 28, 2025 |
| IPO Close Date: | March 4, 2025 |
| Face Value: | ā¹10 Per Equity Share |
| IPO Price Band: | ā¹66 to ā¹70 Per Share |
| Issue Size: | Approx ā¹50.11 Crores |
| Fresh Issue: | Approx ā¹41.58 Crores |
| Offer for Sale: | Approx 12,18,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 40% |
| QIB Quota: | Not more than 30% |
| NII Quota: | Not more than 30% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Balaji Phosphates IPO Market Lot
The Balaji Phosphates IPO minimum market lot is 2000 shares with ā¹1,40,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ā¹1,40,000 |
| Retail Maximum | 1 | 2000 | ā¹1,40,000 |
| S-HNI Minimum | 2 | 4000 | ā¹2,80,000 |
Balaji Phosphates IPO Dates
The Balaji Phosphates IPO date is February 28 and the close date is March 4. The Balaji Phosphates IPO allotment will be finalized on March 5 and the IPO listing on March 7.
| IPO Open Date: | February 28, 2025 |
| IPO Close Date: | March 4, 2025 |
| Basis of Allotment: | March 5, 2025 |
| Refunds: | March 6, 2025 |
| Credit to Demat Account: | March 6, 2025 |
| IPO Listing Date: | March 7, 2025 |
Promoters of Balaji Phosphates IPO
The promoters of the company are Mr. Alok Gupta And Mr. Mohit Airen.
About Balaji Phosphates IPO
In todayās era, getting quality fertilizer products is inevitable, ensuring itās safe for us. So āBalaji Phosphatesā is one of the leading companies in terms of supplying various fertilizers, such as Single Super Phosphate in both powder and granulated forms, NPK Granulated and Mixed Fertilizers, and Zinc Sulphate. Balaji Phosphates Private Limited was founded on April 4, 1996, also It is a non-government company and is registered with the RoC-Kanpur.
Further, all their products comply with the regulations specified by the Fertilizer Control Order of India. As of 31 March 2024, the plant had an annual production capacity of 1,20,000 MT for SSP, 3,300 MT for Zinc Sulphate, and 49,500 MT for NPK Granulated & Mixed Fertilizers. Financially, itās revenue was 151.55 cr in FY 2024 which was higher than the last two years.
Balaji Phosphates IPO Company Financial Report
The company reported revenue of ā¹151.68 crores in 2024 against ā¹144.64 crore in 2023. The company reported profit of ā¹6.04 crores in 2024 against profit of ā¹6.09 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹124.12 | ā¹119.56 | ā¹3.19 | ā¹82.35 |
| 2023 | ā¹144.64 | ā¹136.37 | ā¹6.09 | ā¹96.83 |
| 2024 | ā¹151.68 | ā¹143.31 | ā¹6.04 | ā¹88.48 |
| August 2024 | ā¹54.85 | ā¹49.42 | ā¹4.15 | ā¹95.28 |
Balaji Phosphates IPO Valuation – FY2024
Check Balaji Phosphates IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 18.89% |
| ROCE: | 16.7% |
| EBITDA Margin: | 8.0% |
| PAT Margin: | 4.0% |
| Debt to equity ratio: | 0.95 |
| Earning Per Share (EPS): | ā¹3.39 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 17.26% |
| Net Asset Value (NAV): | ā¹19.62 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Coromandel International Ltd | 55.81 | 29.49 | 17.88 | NA | 22,289.75 Cr. |
| Paradeep Phosphate Ltd | 1.22 | 67.63 | 2.73 | NA | 11,643.95 Cr. |
| Rama Phosphate Ltd | (17.56) | NA | (9.39)% | NA | 604.18 Cr. |
Objects of the Issue
- To meet the capital expenditure requirements;
- To meet the working capital requirements; and
- General corporate purposes;
Balaji Phosphates IPO Review
- IPO Watch – May Apply
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Balaji Phosphates IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Arihant Capital Markets Limited
Company Address
Balaji Phosphates Limited
305, Utsav Avenue, 12/5, Usha Ganj Jaora Compound,
Indore G.P.O., Indore (Madhya Pradesh)- 452001
Phone: +919827090267
Email: [email protected]
Website: www.balajiphosphates.com
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