Balaji Phosphates Limited
The goal of Balaji Phosphates' book-built IPO is to raise 50.11 crore. This comprises an offer to sell 12.1 ...
The pricing range for the IPO is ₹66 to ₹70 per share. Retail investors must deposit ₹1,32,000 and apply for a minimum lot size of 2,000 shares. It could be wise to bid at the cutoff price, which would raise the total to about ₹1,40,000, to prevent oversubscription problems.
High Net Worth Individuals (HNIs) need a minimum of two lots (4,000 shares), amounting to ₹2,80,000.
Arihant Capital Markets Ltd is the book-running lead manager, with Skyline Financial Services Private Ltd as the registrar. Nnm Securities Private Limited is the market maker. Investors can refer to the Balaji
IPO Timeline
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28 Feb 2025Bidding Starts
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04 Mar 2025Bidding Ends
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02 Mar 2025Allotment Finalization
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06 Mar 2025Refund Date
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06 Mar 2025Demat Date
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07 Mar 2025Listing Date
Balaji Phosphates Limited Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Aug 2024 | ₹95.28 Cr | ₹54.85 Cr | ₹4.15 Cr |
| 31 Mar 2024 | ₹88.48 Cr | ₹151.68 Cr | ₹6.04 Cr |
About Balaji Phosphates Limited
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- Funds will be used to enhance production capacity and upgrade infrastructure to support future growth.
- The proceeds will ensure smooth business operations by maintaining adequate liquidity for day-to-day expenses.
- The remaining funds will be used for general corporate purposes.
Balaji Phosphates IPO's Advantages
- Lengthy history in the field of fertilizer.
- Extensive network over the states of Maharashtra, A.P., Chhattisgarh, M.P., and Telangana. The company enjoys a competitive advantage because of its prime location in Dewas, Madhya Pradesh.
- Experienced and seasoned management team.
Balaji Phosphates Drawbacks of IPO
- The agricultural sector, which depends on the monsoon, soil quality, cropping pattern, and farmer loan availability, is closely linked to the company's business operations. The demand for fertilizers and the company's financial performance may suffer from any unfavorable changes in these criteria.
- The business imports raw materials from nations like Jordan, Morocco, and Egypt, including sulphuric acid and rock phosphate. Production costs and profitability may be impacted by supply chain disruptions, price adjustments, or increased hostility in these domains.
- Customer payment defaults or delays pose a risk to the business and could result in cash flow imbalances. If such deadlines are not met, working capital and overall operational efficiency may suffer.
Balaji Phosphates IPO Objectives
- Funds will be used to enhance production capacity and upgrade infrastructure to support future growth.
- The proceeds will ensure smooth business operations by maintaining adequate liquidity for day-to-day expenses.
- The remaining funds will be used for general corporate purposes.
Balaji Phosphates IPO's Advantages
- Lengthy history in the field of fertilizer.
- Extensive network over the states of Maharashtra, A.P., Chhattisgarh, M.P., and Telangana. The company enjoys a competitive advantage because of its prime location in Dewas, Madhya Pradesh.
- Experienced and seasoned management team.
Balaji Phosphates Drawbacks of IPO
- The agricultural sector, which depends on the monsoon, soil quality, cropping pattern, and farmer loan availability, is closely linked to the company's business operations. The demand for fertilizers and the company's financial performance may suffer from any unfavorable changes in these criteria.
- The business imports raw materials from nations like Jordan, Morocco, and Egypt, including sulphuric acid and rock phosphate. Production costs and profitability may be impacted by supply chain disruptions, price adjustments, or increased hostility in these domains.
- Customer payment defaults or delays pose a risk to the business and could result in cash flow imbalances. If such deadlines are not met, working capital and overall operational efficiency may suffer.
Balaji Phosphates IPO Objectives
- Funds will be used to enhance production capacity and upgrade infrastructure to support future growth.
- The proceeds will ensure smooth business operations by maintaining adequate liquidity for day-to-day expenses.
- The remaining funds will be used for general corporate purposes.
Balaji Phosphates IPO's Advantages
- Lengthy history in the field of fertilizer.
- Extensive network over the states of Maharashtra, A.P., Chhattisgarh, M.P., and Telangana. The company enjoys a competitive advantage because of its prime location in Dewas, Madhya Pradesh.
- Experienced and seasoned management team.
Balaji Phosphates Drawbacks of IPO
- The agricultural sector, which depends on the monsoon, soil quality, cropping pattern, and farmer loan availability, is closely linked to the company's business operations. The demand for fertilizers and the company's financial performance may suffer from any unfavorable changes in these criteria.
- The business imports raw materials from nations like Jordan, Morocco, and Egypt, including sulphuric acid and rock phosphate. Production costs and profitability may be impacted by supply chain disruptions, price adjustments, or increased hostility in these domains.
- Customer payment defaults or delays pose a risk to the business and could result in cash flow imbalances. If such deadlines are not met, working capital and overall operational efficiency may suffer.
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