Balaji Phosphates, a key player in the fertilizer industry, is set to launch its SME IPO on February 28, 2025. The company aims to raise ₹[.] crores via a Book Built Issue, listing on NSE SME. Below is a complete summary of the IPO, including key dates, market lot, financials, GMP trends, and more.
Balaji Phosphates IPO GMP Overview
IPO Details
Information
IPO Open Date
February 28, 2025
IPO Close Date
March 4, 2025
Face Value
₹10 per Equity Share
IPO Price Band
₹[.] to ₹[.] per share
Issue Size
Approx ₹[.] Crores
Fresh Issue
Approx ₹[.] Crores
Offer for Sale (OFS)
12,18,000 Equity Shares
Issue Type
Book Built Issue
Listing Exchange
NSE SME
Retail Quota
Not more than 40%
QIB Quota
Not more than 30%
NII Quota
Not more than 30%
Balaji Phosphates IPO GMPImportant Dates
Event
Date
IPO Open Date
February 28, 2025
IPO Close Date
March 4, 2025
Basis of Allotment
March 5, 2025
Refunds Initiation
March 6, 2025
Credit to Demat
March 6, 2025
IPO Listing Date
March 7, 2025
Balaji Phosphates IPO GMP Market Lot & Investment Details
IPO Grey Market Premium (GMP) is subject to change based on market demand.
Kostak rates indicate the premium received by selling an IPO application before allotment.
Always analyze the company’s fundamentals before investing.
Balaji Phosphates IPO: Comprehensive Overview
Balaji Phosphates, a prominent player in the fertilizer industry, is set to launch its Initial Public Offering (IPO) to raise capital for expansion and other corporate purposes. This article provides a detailed overview of the IPO, including key dates, financial highlights, and allotment details.
IPO Schedule and Key Dates
IPO Open Date: February 28, 2025
IPO Close Date: March 4, 2025
Basis of Allotment Date: March 5, 2025
Refunds Initiation: March 6, 2025
Credit to Demat Accounts: March 6, 2025
IPO Listing Date: March 7, 2025
IPO Details
Face Value: ₹10 per equity share
Price Band: To be announced
Issue Size: Approximately ₹[.] crores
Fresh Issue: Approximately ₹[.] crores
Offer for Sale: 12,18,000 equity shares
Issue Type: Book Built Issue
Listing Exchange: NSE SME
Investor Quotas
Retail Investors: Not more than 40%
Qualified Institutional Buyers (QIB): Not more than 30%
Non-Institutional Investors (NII): Not more than 30%
Market Lot Details
Minimum Lot Size: [.] shares
Application Amount: ₹[.]
Company Financials
Balaji Phosphates has demonstrated consistent financial performance over the past years:
