Balaji Phosphates Limited
ListedSMEMaterials / Chemicals · NSE
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.
Price Band
₹66 – ₹70
Issue Size
₹50.11 Cr
Lot Size
2000 shares
GMP
—
Est. Listing
₹70
at current GMP
Subscribed
1.20x
overall
Open
28 Feb 2025
Close
4 Mar 2025
Allotment
5 Mar 2025
Refund
6 Mar 2025
Demat Credit
7 Mar 2025
Listing
7 Mar 2025
Last updated 12 days ago
Official Registrar Verification
Balaji Phosphates Limited Allotment Status
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
5 Mar 2025
Basis finalization
Refunds Initiate
6 Mar 2025
Mandate release
Demat Credit
7 Mar 2025
Shares in demat
Listing Debut
7 Mar 2025
Trading begins
How to Check Balaji Phosphates Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
- Select Balaji Phosphates Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Balaji Phosphates Limited Public Issue & Market Profile
Balaji Phosphates Limited is bringing an initial public offering (IPO) in the Materials / Chemicals sector with an aggregate issue size of ₹50.11 Crores. The shares are offered at a price band of ₹66 to ₹70 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,40,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-03-07, while un-allotted funds or UPI block mandates will be released on 2025-03-06.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.