About Balaji Phosphates Limited

Balaji Phosphates IPO is a book built issue of Rs 50.11 crores. The issue is a combination of fresh issue of 59.40 lakh shares aggregating to Rs 41.58 crores and offer for sale of 12.18 lakh shares aggregating to Rs 8.53 crores.

Balaji Phosphates IPO opens for subscription on February 28, 2025 and closes on March 4, 2025. The allotment for the Balaji Phosphates IPO is expected to be finalized on Wednesday, March 5, 2025. Balaji Phosphates IPO will be list on NSE SME with a tentative listing date fixed as Friday, March 7, 2025.

Balaji Phosphates IPO price band is set at Rs 66 to Rs 70 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is Rs 1,32,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to Rs 1,40,000.The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to Rs 2,80,000.

Arihant Capital Markets Ltd is the book-running lead manager of the Balaji Phosphates IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.The market maker for Balaji Phosphates IPO is Nnm Securities Private Limited.

Balaji Phosphates Limited Timeline

Documents

• Download Prospectus