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
Overall Subscription
1.20x
Total Demand
QIB Multiplier
1.26x
Institutions & Funds
NII / HNI
1.52x
High Net-Worth
Retail (RII)
1.09x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,468,000 | 1,846,000 | 1.26x |
| NIB | 2,040,000 | 3,092,000 | 1.52x |
| RETAIL | 2,720,000 | 2,976,000 | 1.09x |
| Total | 6,228,000 | 7,914,000 | 1.20x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 4 | 0.00x |
| NIB | — | 128 | 0.00x |
| RETAIL | — | 1,488 | 0.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Balaji Phosphates Limited IPO GMP today?
Currently, Balaji Phosphates Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹66 to ₹70 per equity share.
What is the expected profit per lot for Balaji Phosphates Limited IPO?
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,40,000. Expected listing price is ₹70 per equity share.
What is the issue size and price band for Balaji Phosphates Limited IPO?
The Balaji Phosphates Limited IPO aggregate issue size is ₹50.11 Crores with an equity price band set at ₹66 to ₹70 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,40,000.
How can I check Balaji Phosphates Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.20x (Retail: 1.09x, QIB: 1.26x, NII: 1.52x). You can track live multiples directly on our dedicated subscription page.
Where and when will Balaji Phosphates Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-03-05. Investors can verify status using PAN card or application number.
When is the listing date for Balaji Phosphates Limited IPO?
Balaji Phosphates Limited shares are scheduled to list on NSE on 2025-03-07.