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Balaji Phosphates IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Indore and caters to Minerals sector. Arihant Capital Markets is the merchant banker of Balaji Phosphates IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2024.
Balaji Phosphates IPO open date is 28th February 2025 and close date is 4th March 2025. IPO Allotment Date is 5th March 2025 and Listing date is 7th March 2025.Balaji Phosphates IPO size is Rs 50.11 Cr. crores with IPO price of Rs 50.11 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Arihant Capital Markets Limited is the book-running lead manager of the Balaji Phosphates IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is 50.11 Cr. for Balaji Phosphates IPO.
Balaji Phosphates IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Veloce AIF - | 286,000.00 | ₹70.00 | ₹20,020,000.00 |
| Eminence Global Fund | 286,000.00 | ₹70.00 | ₹20,020,000.00 |
Balaji Phosphates IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Balaji Phosphates IPO, based in Indore, operates in the Minerals sector with a focus on 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 is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Balaji Phosphates IPO size is ₹ 50.11 Cr. Crores with fresh issue size of Rs 50.11 Cr. Crores and Offer for sale being 50.11..
The IPO allotment date for Balaji Phosphates IPO is expected to be 5th March 2025, after the finalization of basis of allotment. Investors can check Balaji Phosphates IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Balaji Phosphates IPO refund dates are 6th March 2025.
Balaji Phosphates IPO is expected to be listed on 7th March 2025.
The upper price band for the Balaji Phosphates IPO is set at ₹ 70.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Balaji Phosphates IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Balaji Phosphates IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th March 2025. After submission, funds are blocked until the basis of allotment of Balaji Phosphates IPO is finalised.
The merchant banker for Balaji Phosphates IPO is Arihant Capital Markets Limited . Arihant Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Balaji Phosphates IPO RHP for further details.
The registrar for Balaji Phosphates IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Balaji Phosphates IPO through their official website or helpline.
Balaji Phosphates IPO was subscribed 1.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 50.11 Cr.
Avg IPO Size (Sector Based)
:
₹ 30.15 Cr.
Sector: Minerals
SME IPO so far:
7
Merchant Banker:
Arihant Capital
SME IPO by BRLM so far:
47
City:
Indore
SME IPO so far:
18
Revenue (annualised):
₹ 128.09 cr.
PE
Ratio:
16.72x
Average Sector PE Ratio: 18.07x
Balaji Phosphates IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Balaji Phosphates Financial Review Page
Merchant Banker(s) of Balaji Phosphates IPO: Arihant Capital Markets Limited
Balaji Phosphates IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Balaji Phosphates IPO listed at a listing price of 75.00 against the offer price of 70.00.
The current market price of Balaji Phosphates is 122.00.
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