31 Mar 2022
Assets82.35
Total Income124.12
Profit After Tax3.19
NET Worth22.86
Reserves and Surplus16.92
Total Borrowing19.88
At a glance
Updated 2026-08-24The shares listed at ₹75.00, a 7.14% move from the issue price. Balaji Phosphates is a SME IPO with an issue size of ₹50.11 crore, proposed for listing on NSE SME. The offer opens on 28th Feb 2025 and closes on 4th Mar 2025. The issue structure includes a fresh issue of ₹39.07 crore and an offer-for-sale component of ₹8.53 crore. The current listing schedule points to 7th Mar 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹50.11 Cr
Fresh issue₹39.07 Cr
Offer for sale₹8.53 Cr
Face value₹10
Price band₹66.00–₹70.00
Allotment5th Mar 2025
Listing7th Mar 2025
Listing performance
Full performance ↗Issue price₹70.00
Listing price₹75.00
Current price—
Listing gain7.14%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹70.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens28th Feb 2025
Closes4th Mar 2025
Allotment5th Mar 2025
Refund6th Mar 2025
Demat6th Mar 2025
Listing7th Mar 2025
Subscription demand
Full bidding ↗Total1.21×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹140,000 |
Company
Incorporated1996
Use of proceeds
| Object | Amount |
|---|---|
| To meet Capital expenditure towards establishing a warehouse at subsidiaries factory premise & upgradation of existing facilities | ₹12.88 Cr |
| To meet the working capital requirements | ₹19.00 Cr |
| General Corporate Purposes | ₹4.69 Cr |
| Issue expenses | ₹5.01 Cr |
| Total | ₹41.58 Cr |
Financials
Full financials ↗31 Mar 2023
Assets96.83
Total Income144.64
Profit After Tax6.09
NET Worth28.97
Reserves and Surplus20.05
Total Borrowing26.32
31 Mar 2024
Assets88.48
Total Income151.68
Profit After Tax6.04
NET Worth35.00
Reserves and Surplus17.17
Total Borrowing33.22
31 Aug 2024
Assets95.28
Total Income54.85
Profit After Tax4.15
NET Worth39.15
Reserves and Surplus21.31
Total Borrowing35.58
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 18.89% |
| ROCE | 16.7% |
| Debt / Equity | 0.95% |
| RoNW | 17.26% |
| PAT Margin | 4.00% |
| Price to Book Value | 3.57 |
Valuation & shareholding
Pre-IPO EPS3.39
Post-IPO EPS4.19
Pre-IPO P/E20.67
Post-IPO P/E16.72
Promoter holding pre100%
Promoter holding post69.9%
Market cap₹166.44 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| To meet Capital expenditure towards establishing a warehouse at subsidiaries factory premise & upgradation of existing facilities | ₹12.88 Cr |
| To meet the working capital requirements | ₹19.00 Cr |
| General Corporate Purposes | ₹4.69 Cr |
| Issue expenses | ₹5.01 Cr |
| Total | ₹41.58 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Arihant Capital Markets Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.