Balaji Phosphates Ltd IPO
Balaji Phosphates Ltd IPO Price Range is ₹66 - 70, with a minimum investment of ₹1,40,000 for 2000 shares.
₹1,40,000
/ 2000 shares
Minimum Investment
View Balaji Phosphates Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.
IPO Status
Price Band
₹66 - 70
Open Date
2025-02-28
Close Date
2025-03-04
IPO Size
₹50.11 Cr
Lot Size
2000 shares
Min Investment
₹1,40,000
Listing Exchange
NSE
Balaji Phosphates Ltd IPO Application Timeline
IPO Subscription Status
IPO subscribed over
🚀 1.202x
This IPO has been subscribed by 1.094x in the retail category and 2.262x in the QIB category.
Subscription Rate
| Total Subscription | 1.202x |
| Retail Individual Investors | 1.094x |
| Qualified Institutional Buyers | 2.262x |
| Non Institutional Investors | 1.516x |
| Name | Balaji Phosphates Ltdx |
Strengths and Risks
Strengths
Cost Effective sourcing and Strategic Location of Manufacturing Unit.
Cordial relations with customers.
Sustainable business model.
Leveraging the expertise of its Promoters and Management Team.
Quality assurance.
Risks
The company business is dependent on the performance of the agricultural sector in which its fertilizers are used. Any developments affecting the performance of the agricultural sector are likely to affect its business, results of operations and financial condition.
Reliance on imported raw materials poses risks that could adversely affect its production capabilities and overall profitability.
The company business is subject to climatic conditions and is cyclical in nature. Seasonal variations and unfavourable local and global weather patterns may have an adverse effect on its business, results of operations and financial condition.
The fertilizer industry in India is a regulated industry. Any change in Government policies towards the agriculture sector or a reduction in subsidies and incentives provided to farmers could adversely affect its business and results of operations.
The business is highly seasonal and such seasonality may affect its operating results and cash flow of the Company.
If the company is unable to obtain or maintain regulatory approvals for its products, the company may be unable to sell such products, which could adversely affect its business and results of operations.
Its Promoters have provided personal guarantees and securities to secure certain of the company loan facilities, which if revoked or invoked may requires alternative guarantees, repayment of amounts due or termination of the facilities.
A shortage or non-availability of electricity, water, fuel or an increase in fuel prices may adversely affect its production operations and have an adverse effect on the company business, results of operations and financial conditions.
The company has certain contingent liabilities that have not been provided for in the Companys financials, which if realised, could affect its financial condition.
The Company has experienced negative cash flows. Any negative cash flow in future could affect its results of operations.
How to Apply for Balaji Phosphates Ltd IPO on INDmoney
1
Download the INDmoney app and complete your KYC to open an account.
2
Go to the INDstocks section and tap on IPO, or search for ‘IPO’.
3
Select Balaji Phosphates Ltd IPO from the list of live IPOs.
4
View key details like price band, lot size, and dates, then tap ‘Apply Now’.
5
Choose the number of lots and place your order via UPI.
6
Your funds will be blocked until the share allotment is finalized.