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Balaji Phosphates Ltd

Registered Office : 305 Utsav Avenue 3rd Flr 12/5,Ushagani Jaora Compound G.P.O,Indore Madhya Pradesh 452001 Phone : +91 98270 90267
Fax :

Email : infous@balajiphosphates.com

Website : www.balajiphosphates.com

Initial public offer of upto 71,58,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Balaji Phosphates Limited ("the Company" or the "Issuer") for cash at a price of Rs. 70/- per equity share (the "Offer Price"), (including a premium of Rs. 60/- per equity share), aggregating upto Rs. 50.11 crores ("the Offer"), comprising of fresh offer of up to 59,40,000 equity shares aggregating up to Rs. 41.58 crores (the "Fresh Issue") ("the Issue") and an offer for sale of up to 12,18,000 equity shares by Aalok Gupta and Mohit Airen ("Selling Shareholder") aggregating to Rs. 8.53 crores ("Offer for Sale"), the offer includes a reservation of 3,58,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 70/- per equity share for cash, aggregating to Rs. 2.51 crores ("the Market Maker Reservation Portion"). The offer less market maker reservation portion i.e. offer of 68,00,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70/- per equity share, aggregating to Rs. 47.60 crores is here in after referred to as the "Net Offer". The offer and the net offer will constitute 30.10 % and 28.60 % respectively of the post offer paid up equity share capital of the company.

Issue

Opens On

Closes On

28-Feb-2025

04-Mar-2025

Money Payable On

Application

Allotment

70.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

36.57

50.11

23.78

70.00

Arihant Capital Markets Ltd

Projects

To meet capital exp towards establishing a warehouse at its subsidiary factory premises & upgradation of existing facilities

To meet working capital requirements

General corporate purpoes

Promoted By

Alok Gupta

Mohit Airen

Alok Gupta HUF

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt