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Balaji Phosphates Ipo


Objects of the Issue

  • To meet the capital expenditure requirements;

  • To meet the working capital requirements; and

  • General corporate purposes;

Balaji Phosphates IPO Review

  • IPO Watch – May Apply

  • Canara Bank –

  • DRChoksey FinServ –

  • Emkay Global –

  • Hem Securities –

  • IDBI Capital –

  • Marwadi Shares –

  • Nirmal Bang –

  • SBICAP Securities –

  • Sharekhan –

  • SMC Global –

  • Sushil Finance –

  • Swastika Investmart –

  • Ventura Securities –

  • Geojit –

  • Reliance Securities –

  • Capital Market –

  • BP Wealth –

  • ICICIdirect –

  • Choice Broking –

IPO Lead Managers aka Merchant Bankers

  • Arihant Capital Markets Limited

ApplicationLot SizeSharesAmount
Retail Minimum12000₹1,40,000
Retail Maximum12000₹1,40,000
S-HNI Minimum24000₹2,80,000

IPO Open Date:February 28, 2025
IPO Close Date:March 4, 2025
Basis of Allotment:March 5, 2025
Refunds:March 6, 2025
Credit to Demat Account:March 6, 2025
IPO Listing Date:March 7, 2025

Period EndedRevenueExpenseProfit After TaxAssets
2022₹124.12₹119.56₹3.19₹82.35
2023₹144.64₹136.37₹6.09₹96.83
2024₹151.68₹143.31₹6.04₹88.48
August 2024₹54.85₹49.42₹4.15₹95.28

KPIValues
ROE:18.89%
ROCE:16.7%
EBITDA Margin:8.0%
PAT Margin:4.0%
Debt to equity ratio:0.95
Earning Per Share (EPS):₹3.39 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):17.26%
Net Asset Value (NAV):₹19.62

CompanyEPSPE RatioRoNW %NAVIncome
Coromandel International Ltd55.8129.4917.88NA22,289.75 Cr.
Paradeep Phosphate Ltd1.2267.632.73NA11,643.95 Cr.
Rama Phosphate Ltd(17.56)NA(9.39)%NA604.18 Cr.

IPO Open Date:February 28, 2025
IPO Close Date:March 4, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹66 to ₹70 Per Share
Issue Size:Approx ₹50.11 Crores
Fresh Issue:Approx ₹41.58 Crores
Offer for Sale:Approx 12,18,000 Equity Shares
Issue Type: Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 40%
QIB Quota:Not more than 30%
NII Quota:Not more than 30%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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