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BALAJIPHOSSME / NSEListed
Balaji Phosphates

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 - ₹701.27x sub
Listed Price₹75.00
Listing Gain+7.14%

IPO Schedule & Timeline

Bookbuilding IPO
Open28 Feb 2025
Close04 Mar 2025
Allotment05 Mar 2025
Listing07 Mar 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail27,20,000 shares
38%
Nii (hni) 20,40,000 shares
28.5%
Anchor5,72,000 shares
7.99%
QIB14,68,000 shares
20.51%
Market Maker3,58,000 shares
5%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,40,000
sHNI2 Lots (4,000 shares)
₹2,80,000
bHNI8 Lots (16,000 shares)
₹11,20,000

Company Promoters

Mr. Alok GuptaMr. Mohit Airen

Company Background

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, wholesale...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Aug-24 )₹55 Cr
Growth-55.6%
Revenue Trend (₹ in Crores)
0.058.3116.5174.8Mar-22Mar-23 Mar-24 Aug-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Aug-24 5549536
Mar-24 15268833
Mar-23 14569726
Mar-2212438220

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Aug-24 2.3211.18%9.15%016.72
Mar-24 3.3918.89%16.70%20.670
Mar-233.4223.50%19.80%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
05 Mar 2025
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
07 Mar 2025

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Balaji Phosphates. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization05 Mar 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date07 Mar 2025Trading commences on exchange

How to Check Balaji Phosphates Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Balaji Phosphates from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Balaji Phosphates IPO

Complete issue overview for Balaji Phosphates (BALAJIPHOS) IPO. The issue features an equity share price band of ₹66 – ₹70 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,40,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions