Balaji Phosphates IPO Allotment Status and Updates

The allotment status for the Balaji Phosphates Limited IPO will be available on Wednesday, March 5, 2025. Investors can check their allotment status on the NSE, BSE, or the official registrar’s website, Skyline Financial Services. The IPO opened on February 28, 2025, and by the end of Day 2, it had been subscribed 0.57 times. Follow the simple steps below to check the Balaji Phosphates IPO allotment status.

How to Check Balaji Phosphates IPO Allotment Status on BSE

Follow these simple steps to check the Balaji Phosphates Limited IPO allotment status on BSE:

Step 1: Visit the BSE “Status of Issue Application” page.

Step 2: Select the issue type as “Equity.”

Step 3: Choose "Balaji Phosphates Limited" from the issue name section.

Step 4: Enter your IPO Application number or PAN number.

Step 5: Tick the “I’m not a robot” box to verify your identity.

Step 6: Click the “Search” button to view the Quality Power IPO allotment status.

How to Check Balaji Phosphates IPO Allotment on Skyline Financial Website

Below are the steps to check the Balaji Phosphates Limited IPO allotment status on the Skyline Financial Services website:

Step 1: Go to the “IPO Information” page on “skyline financial services”

Step 2: Select “Balaji Phosphates Limited” from the drop-down menu.

Step 3: Enter your DPID/Client ID or PAN number or Application number.

Step 4: Click on “Search” to check the Balaji Phosphates IPO allotment status.

How to Check Balaji Phosphates IPO Allotment Status on NSE

Below are the steps to check the Balaji Phosphates Limited IPO allotment status on NSE:

Step 1: Visit the NSE website page “Verify IPO Bids” 

Step 2: Select the IPO symbol from the dropdown menu.

Step 3: Enter the PAN No. and Application No 

Step 4: Click Submit.

Step 5: Once submitted, check the "Allotment Details" section in the bid details to view the Balaji Phosphates Limited allotment status.

Balaji Phosphates IPO Subscription

By the end of Day 2, the Balaji Phosphates Limited IPO was subscribed 0.57 times. Anchor investors subscribed 1.00 times, non-institutional investors (NIIs) 0.98 times, and retail individual investors (RIIs) 0.56 times, while qualified institutional buyers (QIBs) have yet to subscribe.

Balaji Phosphates IPO Allotment Details

The total issue size for the IPO is Rs 50.11 Cr, with a Fresh issue of Rs 41.58 Cr and Offer For Sale issue of Rs 8.53 Cr. The IPO is priced at a price band between Rs.66 to Rs.70 per share and a minimum lot size of 2,000 shares.

Balaji Phosphates IPO Listing Date and GMP

Balaji Phosphates Limited IPO is set to be listed on the NSE and BSE on Friday, March 7, 2025. The last GMP of the company shows no gains for the investors.

Disclaimer: The GMP (Grey Market Premium) numbers mentioned above are unverified and based on media reports, not the official price. It is provided for informational purposes only. Investors should conduct their own research and consider all relevant factors before making any investment decisions. Rupeezy is not associated with this price and has not participated in any GMP-related trades or deals. We do not recommend trading based on this information.

Company Overview of Balaji Phosphates IPO 

Balaji Phosphates is an India-originated company who are involved in manufacturing and supplying Single Super Phosphate (SSP) in powder and granulated forms, NPK Granulated and Mixed Fertilizers, and Zinc Sulphate, which are used in agricultural soils to enhance plant growth and development. 

These agriculture-related products help in addressing key concerns while farming, like SSP addresses phosphorus deficiencies, zinc sulphate corrects zinc deficiencies, and NPK fertilizers supply a balanced mixture of nitrogen, phosphorus, and potassium, which will overall promote the harvesting of the finest crop growth and production. 

Balaji Phosphates Limited’s manufacturing unit is in Madhya Pradesh, India, which covers approximately 12,600 sq.mts. Their products cater to the farmers who support local agricultural growth in Andhra Pradesh, Chhattisgarh, Madhya Pradesh, Maharashtra, and Telangana. 

Quick Steps to Invest in IPOs with Rupeezy

Step 1: Download Rupeezy Trading App 

Step 2: Register and Complete Verification

Step 3: Open the app and Navigate to the IPO Section 

Step 4: Select “Balaji Phosphates Limited”

Step 5: Click on Apply