anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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MARKET

IPO Synopsis
Balaji Phosphates Ltd
Registered Office: 305 Utsav Avenue 3rd Flr 12/5, Ushagani Jaora Compound G.P.O, Indore - 452001, Madhya Pradesh
Phone: 1
Email: 1
Website: 1
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 Money Payable On
Opens On Closes On Application Allotment
28-Feb-2025 04-Mar-2025 70.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 36.57
Project Financed through Current Offer 50.11
Post Issue Equity Share Capital 23.78
Issue Price 70.00
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
NSE - SME
Registrar to the Issue
Attention Investor
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