The Balaji Phosphates IPO minimum market lot is 2000 shares with ₹1,40,000 application amount. The Balaji Phosphates IPO is a SME IPO, and it is to be listed on NSE.
In today’s era, getting quality fertilizer products is inevitable, ensuring it’s safe for us. So “Balaji Phosphates” 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, it’s revenue was 151.55 cr in FY 2024 which was higher than the last two years.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Balaji Phosphates IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 1.26 |
| NII | 0.27 | 0.98 | 1.34 |
| RII | 0.22 | 0.55 | 1.09 |
| Total | 0.18 | 0.56 | 1.21 |
Balaji Phosphates IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Balaji Phosphates IPO Review and Rating
- May Apply For Long-term View
Balaji Phosphates IPO Form
How to apply for the Balaji Phosphates IPO? You can apply for Balaji Phosphates IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Balaji Phosphates IPO in the Invest section. The other option is you can apply for Balaji Phosphates IPO via IPO forms downloaded online. Check out the Balaji Phosphates forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
