Balaji Phosphates IPO Date, Price, Financial

Balaji Phosphates IPO aims to raise Rs 50.11 Crores through this offering, with a fresh issue of Rs 41.58 Crores and 8.53 Crore through offer for sale. The face value of the equity shares Rs 10 each, with a price band ranging from Rs 66 to Rs 70 per share. The minimum order quantity is 2000 shares, translating to a minimum investment of Rs 140000. Retail quota is not less then 40%, QIB is not more then 30% and HNI is not less then 30%. Balaji Phosphates IPO List on NSE on 7 Mar 2025

The book running lead manager for this IPO is Arihant Capital Markets Limited, ensuring a smooth and efficient process for all investors. Axis Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is Skyline Financial Services Private Limited, offering reliable services for all share-related processes.

Balaji Phosphates IPO Key Dates

Balaji Phosphates IPO Open Date is 28 Feb 2025 and Close Date is 4 Mar 2025

IPO Open Date 28 Feb 2025
IPO Close Date 4 Mar 2025
Allotment 5 Mar 2025
Credit of Shares 6 Mar 2025
Listing Date 7 Mar 2025


Balaji Phosphates IPO Financial Information

All the figures below are in Crores.

  31-Sep-2024 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assest 95.28 88.48 96.82 82.35
Borrowing 35.58 33.22 26.32 19.88
Reserve 21.31 17.17 20.05 16.92
Income 54.84 151.68 144.64 124.11
Expenses 49.42 143.31 136.36 119.55
PBT 5.42 8.36 8.27 4.56
PAT 4.14 6.04 6.08 3.19


Balaji Phosphates IPO Key Indicator

All the figure provided below are based on the financial Statement as of March 31 2024.

EPS(D) 3.39
RoNW 17.26
NAV 19.62
PAT Margin 4.0%
P/E(D) 20.67
ROE 18.89%
ROCE 16.7%


Balaji Phosphates IPO Peer Comparison

  RoNW EPS P/E NAV
Balaji Phosphate 17.26 3.39   19.62
Coromandel 18.9 55.81 30.57  
Paradeep Phosphate 3.28 1.22 77.23  
Rama Phosphate -9.39 -17.56 28.90  


Balaji Phosphates Management

Name Designation
Mohit Airen Managing Director
Alok Gupta Executive director
Sunil Kumar Talwar Non-Executive Independent Director
Aashi Neema Non-Executive Independent Director
Nupur Lodwal Non-Executive Independent Director


Objects of the Issue

The Company proposes to utilize the net proceeds from the Fresh Offer towards funding the following objects and achieve the
benefits of listing on NSE Emerge platform:
1. To meet the capital expenditure requirements;
2. To meet the working capital requirements; and
3. General corporate purposes

BOOK RUNNING LEAD MANAGER

Arihant Capital Markets Limited
1011 Building No. 10, Solitaire Corporate Park, Guru Hargovindji Road, Chakala, Andheri
(East), Mumbai – 400 093
Telephone: +91- 22-4225 4800
Email: mbd@arihantcapital.com
Website: www.arihantcapital.com
Investor Grievance E-Mail: balajiipo@arihantcapital.com
Contact Person: Amol Kshirsagar /Satish Kumar Padmanabhan
SEBI Registration Number: INM000011070

REGISTRAR TO THE OFFER

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor Okhla Industrial Area, Phase-I New Delhi – 110020, Delhi, India
Tel No.: 011-40450193-97
Email: ipo@skylinerta.com
Investor Grievance Emai : grievances@skylinerta.com
Website: www.skylinerta.com
Contact Person: Anuj Rana
SEBI Registration No.: INR000003241

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