Balaji Phosphates Limited IPO
Balaji Phosphates Limited was a SME IPO in the Fertilizers sector, offered at ₹66–₹70 per share to raise ₹50 crore. It listed on 7 Mar 2025 at ₹75 and closed its first day at ₹74, a listing gain of +6.2% versus the ₹70 issue price. It now trades around ₹107 (+52.9% versus the issue price).
Frequently asked questions
- What were the Balaji Phosphates Limited IPO listing gains?
- Balaji Phosphates Limited listed on 7 Mar 2025 at ₹75, closing its first day at ₹74 — a listing gain of +6.2% versus the ₹70 issue price.
- What was the price band and lot size of the Balaji Phosphates Limited IPO?
- The price band was ₹66–₹70 per share, with a minimum lot of 2,000 shares (₹1,40,000 at the upper band).
- Who were the registrar and lead manager for the Balaji Phosphates Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Arihant Capital Markets was the book-running lead manager.