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Balaji Phosphates IPO
₹1,32,000/2000 shares
Minimum Investment
IPO Details
28 Feb 25
04 Mar 25
₹1,32,000
2000
₹66 to ₹70
NSE
₹50.11 Cr
07 Mar 25
Open Free Demat Account
Open Free Demat Account
Balaji Phosphates IPO Timeline
Bidding Start
28 Feb 25
Bidding Ends
04 Mar 25
Allotment Finalisation
05 Mar 25
Refund Initiation
06 Mar 25
Demat Transfer
06 Mar 25
Listing
07 Mar 25
Balaji Phosphates Limited
Balaji Phosphates Limited manufactures and supplies Single Super Phosphate (SSP), NPK Granulated & Mixed Fertilizers, and Zinc Sulphate under ‘RATNAM’ and ‘BPPL’ brands. Led by promoters Mohit Airen and Alok Gupta, with 40+ years of industry experience, the company operates from Dewas, Madhya Pradesh. Its in-house lab ensures quality control, and raw materials are sourced locally and internationally. Serving farmers across multiple states, the company aligns with government initiatives, producing fortified SSP to address soil deficiencies effectively.
SWOT Analysis of Balaji Phosphates IPO
Strength and Opportunities
- Strong market presence.
- Strategic manufacturing location.
- Experienced leadership team.
- In-house quality control lab.
Risks and Threats
- Dependence on agricultural sector.
- Reliance on imported raw materials.
- Vulnerability to climate variability.
- Exposure to regulatory changes.
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About Balaji Phosphates Limited IPO
Balaji Phosphates IPO Strengths
- Extensive industry experience ensures quality, competitive pricing, and strong supplier ties.
- Presence across key states supports diverse agricultural needs.
- Strategic Dewas location reduces freight costs and boosts efficiency.
- Experienced leadership drives growth with strong industry expertise.
- In-house lab ensures strict quality control and accuracy.
Balaji Phosphates IPO Key Financials (in ₹ lakhs)
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 8848.34 | 9682.72 | 8235.43 |
| Revenue | 15,154.53 | 14,454.24 | 12,365.34 |
| Profit After Tax | 604.05 | 608.76 | 319.08 |
| Reserves and Surplus | 1716.53 | 2004.58 | 1691.72 |
| Total Borrowings | 3322.10 | 2631.50 | 1987.50 |
Balaji Phosphates Limited IPO Valuation Overview
| KPI | Value |
| Earnings Per Share (EPS) | 3.39 |
| Price/Earnings (P/E) Ratio | TBD |
| Return on Net Worth (RoNW) | 17.26% |
| Net Asset Value (NAV) | 19.62 |
| Return on Equity | 18.89% |
| Return on Capital Employed (ROCE | 16.75% |
| EBITDA Margin | 8.0% |
| PAT Margin | 4.0% |
| Debt to Equity Ratio | 0.95 |
Balaji Phosphates IPO Peer Group Comparison
| Name of the Company | Face Value (₹) | Total Income (₹ in Lakhs) | EPS (Basic) | P/E | RONW (%) |
| Balaji Phosphate Ltd | 10 | 15,168.02 | 3.39 | [●] | 17.26 |
| Peer Groups | |||||
| Coromandel International Ltd | 1 | 22,28,975.00 | 55.81 | 29.49 | 17.88 |
| Paradeep Phosphate Ltd | 10 | 11,64,395.49 | 1.22 | 67.63 | 2.73 |
| Rama Phosphate Ltd | 10 | 60,417.73 | -17.56 | – | -9.39 |
Objectives of the Proceeds
- To fund working capital requirement, ₹1900 lakhs
- To fund capital expenditure, ₹1287.90
- To meet general corporate expenses
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
- 1Login to your HDFC SKY Account
- 2Select Issue
- 3Enter Number of Lots and your Price.
- 4Enter UPI ID
- 5Complete Transaction on Your UPI App
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