Minerals
Sub Sector: manufacture and supply of Single Super Phosphate (SSP)
Exchange:
NSE
Emerge
Balaji Phosphates is engaged in the manufacture and supply of Single Super Phosphate (SSP) in powder and granulated forms, NPK Granulated and Mixed Fertilizers and Zinc Sulphate, all conforming to the standards of Fertilizer Control Order of India. Balaji Phosphates sell their products under the brand names of ‘RATNAM’ and ‘BPPL’to a diverse range of customers, including retailers, wholesalers and state-owned cooperatives with farmers being the end users of the products. Balaji Phosphates range of phosphate fertilizers comprising Single Super Phosphate (SSP), zinc sulfate, and NPK Granulated & Mix fertilizers – are used in agricultural soils to enhance plant growth and development. SSP addresses phosphorus deficiencies, especially in acidic soils, promoting robust root development and seedling establishment. Zinc sulfate corrects zinc deficiencies in alkaline and sandy soils, enhancing plant health and crop yield. Their NPK fertilizers provide a balanced blend of nitrogen, phosphorus, and potassium for optimal crop growth and improved productivity. In line with the initiatives of the Department of Fertilizers, Government of India, they offer value-added, fortified SSP with zinc and boron to tackle soil deficiencies. Balaji Phosphates products cater to farmers in Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana, and Andhra Pradesh, supporting local agricultural growth. Their Company’s business operations are led by their promoter directors, Mr. Mohit Airen and Mr. Alok Gupta, who collectively have over 40 years of experience in the fertilizer industry. Their hands-on involvement and in-depth knowledge of the industry ensure strategic guidance. The promoters divide functional responsibilities between them for seamless management, supported by a dedicated team of qualified and experienced personnel. As of August 31, 2024, their workforce of 40 employees included, skilled and unskilled labour, administrative staff, management and operations team
Ankit Consultancy Private Limited
Balaji Phosphates operates in Minerals and manufacture and supply of Single Super Phosphate (SSP). The Issue would be listed on SME. The registrar of the Issue is Ankit Consultancy Private Limited. The IPO type of Balaji Phosphates is Book Building Process and Object of issue is
Merchant Banker of Balaji Phosphates IPO is Arihant Capital Markets Limited
The DRHP (Draft Red Herring Prospectus) of Balaji Phosphates IPO was filed on 30 Sep 2024.
No, Balaji Phosphates IPO is not yet listed. See other upcoming SME IPOs here.
The IPO open date and IPO close date of Balaji Phosphates are not available now. You can apply in Balaji Phosphates IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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