Balaji Phosphates Limited IPO has no Grey Market Premium as of February 27, 2025, with a price range of ₹66 to ₹70 per share. Offering lots of 2,000 shares, the subscription window is open from February 28 to March 4, 2025.
Balaji Phosphates Limited IPO GMP Today
The Grey Market Premium (GMP) for Balaji Phosphates Limited is not available as of February 27, 2025. This assessment coincides with a price of ₹66 to ₹70 per share for the IPO.
Balaji Phosphates Limited IPO Review
As of August 31, 2024, Balaji Phosphates Limited reported total assets of ₹95.28 crore, with revenue reaching ₹54.85 crore. The company achieved a profit after tax of ₹4.15 crore, reflecting stable financial performance in the phosphate fertilizer industry.
Net worth stood at ₹39.15 crore, while reserves and surplus amounted to ₹21.31 crore. The company’s total borrowings were ₹35.58 crore, indicating a reliance on external funding for operations and expansion. These figures highlight Balaji Phosphates’ steady growth trajectory in the agricultural sector.
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Balaji Phosphates Limited IPO Date
Balaji Phosphates Limited will accept subscriptions from February 28, 2025 to March 4, 2025.
Balaji Phosphates Limited IPO Price
Balaji Phosphates Limited’s price range is ₹66 to ₹70 per share with a face value of ₹10 each.
Balaji Phosphates Limited
Balaji Phosphates Limited, incorporated in 2011, provides supply chain solutions for industries using specialized paper materials. It supplies various papers, including sublimation base, thermal base, and cup stock paper, serving FMCG, textiles, pharmaceuticals, and packaging sectors across Maharashtra, Gujarat, and Madhya Pradesh.
How To Apply For Balaji Phosphates Limited IPO?
To apply for the Balaji Phosphates Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Balaji Phosphates Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Balaji Phosphates Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.