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BALAJIPHOSSME / NSEListed

Balaji Phosphates Limited

Founded in 1996, Balaji Phosphates Limited is a leading manufacturer and supplier of fertilizers, including Single Super Phosphate (SSP), NPK Granulated & Mixed Fertilizers, and Zinc Sulphate, all adhering to India’s Fertilizer Control Order standards. The company markets its products under the trusted brands ‘RATNAM’ and ‘BPPL,’ serving retailers, wholesalers, and cooperatives, with farmers as the primary end users. Operating across key agricultural regions in Madhya Pradesh, Chhattisgarh, Maharashtra, Andhra Pradesh, and Telangana, Balaji Phosphates is committed to enhancing soil health and plant growth with its high-quality phosphate-based fertilizers. Its manufacturing unit, located in Dewas, Madhya Pradesh, has an annual production capacity of 120,000 MT of SSP, 3,300 MT of Zinc Sulphate, and 49,500 MT of NPK Granulated & Mixed Fertilizers. As of August 31, 2024, the company employs 40 individuals, including skilled and unskilled labor, administrative staff, management, and operations teams, all dedicated to supporting agricultural productivity and sustainability.

₹66 - ₹701.2x sub
Listed Price75.00
Listing Gain+7.14%
TimelineBookbuilding IPO
Open28 Feb 2025
Close04 Mar 2025
Allotment05 Mar 2025
Listing07 Mar 2025

Quota Reservation Portions

RetailPortion: 27,20,000 shares
38%
Nii (hni) Portion: 20,40,000 shares
28.5%
AnchorPortion: 5,72,000 shares
7.99%
QIBPortion: 14,68,000 shares
20.51%
Market MakerPortion: 3,58,000 shares
5%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,40,000
sHNI2 lots / 4,000 shares
₹2,80,000
bHNI8 lots / 16,000 shares
₹11,20,000

About the Company

Founded in 1996, Balaji Phosphates Limited is a leading manufacturer and supplier of fertilizers, including Single Super Phosphate (SSP), NPK Granulated & Mixed Fertilizers, and Zinc Sulphate, all adhering to India’s Fertilizer Control Order standards. The company markets its products under the trusted brands ‘RATNAM’ and ‘BPPL,’ serving retailers, wholesalers, and cooperatives, with farmers as the primary end users. Operating across key agricultural regions in Madhya Pradesh, Chhattisgarh, Maharashtra, Andhra Pradesh, and Telangana, Balaji Phosphates is committed to enhancing soil health and plant growth with its high-quality phosphate-based fertilizers. Its manufacturing unit, located in Dewas, Madhya Pradesh, has an annual production capacity of 120,000 MT of SSP, 3,300 MT of Zinc Sulphate, and 49,500 MT of NPK Granulated & Mixed Fertilizers. As of August 31, 2024, the company employs 40 individuals, including skilled and unskilled labor, administrative staff, management, and operations teams, all dedicated to supporting agricultural productivity and sustainability.

Company Promoters

Mr. Alok GuptaMr. Mohit Airen

Registrar

Skyline Financial Services Private Limited