Balaji Phosphates Limited IPO achieved a 1.20x subscription on Day 3, reflecting cautious yet optimistic investor sentiment. This demonstrates confidence in the company’s strategic expansion, industry potential, and future growth opportunities, positioning it as a promising player in the sector with long-term value prospects for stakeholders and market participants.
Balaji Phosphates Ltd IPO Subscription Status
Balaji Phosphates Limited IPO saw a 0.58x subscription on Day 2, reflecting cautious investor sentiment. This indicates confidence in the company’s growth potential, expansion plans, and industry prospects while highlighting a measured approach toward market participation.
How to check Balaji Phosphates Ltd IPO Subscription Status?
Steps to check Balaji Phosphates Ltd IPO subscription status on NSE
Following are the steps to check it through the NSE website
- Visit NSE‘s official website.
- Navigate to the ‘Market Data’ tab.
- Choose ‘IPO’.
- Select the ‘Balaji Phosphates Ltd IPO’ to check its subscription status.
- Opt for either NSE Bid details or Consolidated Bid details.
- Explore the total number of bids received from various investors.
Balaji Phosphates Ltd IPO Allotment Status
The allotment date for the Balaji Phosphates Ltd IPO is set for March 5, with shares priced from ₹66 to ₹70 per share and a face value of ₹10. The offering consists of lots of 2,000 shares, with bids accepted for these lots or their multiples.
Balaji Phosphates Ltd IPO Listing Date
Balaji Phosphates Ltd IPO is expected to be listed on the NSE SME on March 7, 2025.
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.