Balaji Phosphates Limited
Promoters MOHIT AIREN · ALOK GUPTA
Balaji Phosphates Limited raised ₹56 crore through a SME-platform initial public offer.
The filing places it in Chemicals & Petrochemicals and names two promoters: MOHIT AIREN and ALOK GUPTA.
The book was open from 27 February 2025 to 4 March 2025.
The issue was priced at ₹70 a share, from a band of ₹66 to ₹70.
Of the offer, ₹42 crore is a fresh issue of shares — money that goes to the company — and ₹8.53 crore is an offer for sale, which goes to existing shareholders selling down. Valued at the final issue price.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
The shares listed on 7 March 2025.
We hold no exchange price bars for this ISIN yet.
Share counts converted at ₹70, the final issue price.
- How it was priced
- Book-built — the price was discovered inside a band from the bids received
- Listing sought at
- NSE
- Designated exchange
- NSE
- Discount
- None offered
- Registered office
- Western India
- Company website
- www.balajiphosphates.com
- Registrar
- Ankit Consultancy Private Limited
- Lead manager
- Arihant Capital Markets Limited
- Bidding opens27 Feb 2025
- Bidding closes4 Mar 2025
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing7 Mar 2025
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
- Anchor investors8.0%5,72,000 sh
- Qualified institutional buyers20.5%14,68,000 sh
- Non-institutional investors28.5%20,40,000 sh
- Retail individual investors38.0%27,20,000 sh
- Market maker5.0%3,58,000 sh
No part of the offer was set aside for reserved portion or other.
The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We have not extracted an anchor allotment list for this issue.
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment7 Sept 2025already free
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment7 Sept 2026already free
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.
| Company | P/E | P/B | RoNW | EPS | Income |
|---|---|---|---|---|---|
| Coromandel International Limited | 30.6 | — | — | 55.81 | ₹22,28,975 cr |
| Paradeep Phosphate Ltdnot in our universe | 77.6 | — | — | 1.22 | ₹11,64,395 cr |
| Rama Phosphate Ltdnot in our universe | — | — | — | -17.56 | ₹60,418 cr |
The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.
Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Arihant Capital Markets Limited 2023 – 2026 | 5 0 measurable | — | — | — | — |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Ankit Consultancy Private Limited 2025 – 2025 | 1 0 measurable | — | — | — | — |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive5 Mar 2025
- Red herring prospectus (RHP)· ZIP · exchange archive21 Feb 2025
- Draft red herring prospectus (DRHP)· ZIP · exchange archive30 Sept 2024
- Listing filing (XBRL)· XML · exchange archive
- In-principle approval (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.