The Balaji Phosphates IPO Allotment Status is now available. The IPO subscription had started on February 28, 2025, and ended on March 04, 2025, Monday. The allotment was released on March 5, 2025, Wednesday, after the basis of allotment was finalized. The investors who applied for the IPO will be able to check the Balaji Phosphates Allotment on the Skyline Financial Services Private Ltd website or the NSE website.
The Balaji Phosphates IPO received an overall subscription of 1.21 times, with 62.28 lakh shares offered and 75.32 lakh shares bid. Retail investors showed a 1.09 times subscription, while non-institutional buyers subscribed 1.34 times. Qualified institutions bid for 1.26 times their allotted shares. Anchor investors and market makers fully subscribed to their portions, making the total bid amount Rs 52.72 crore across 1,610 applications.
The last reported GMP for Balaji Phosphates SME IPO is ₹0, with an estimated listing price of ₹70 based on the price band of ₹70. The expected gain/loss per share is 0.00%.
Overview of Contents
Balaji Phosphates IPO Dates
| IPO Opening Date | Friday, February 28, 2025 |
| IPO Closing Date | Tuesday, March 4, 2025 |
| UPI Mandate Deadline | 5 PM on March 4, 2025 |
| Basis of Allotment Finalization | Wednesday, March 5, 2025 |
| Refund Process Initiation | Thursday, March 6, 2025 |
| Shares Credited to Demat | Thursday, March 6, 2025 |
| Expected Listing Date | Friday, March 7, 2025 |
How to Check Balaji Phosphates IPO Allotment Status
Investors who applied for Balaji Phosphates IPO can check their allotment status through 4 different methods: Skyline, NSE, Demat Account, and Bank Account. Follow the steps below to check your IPO allotment status.
| Skyline: | Skyline IPO Allotment Page |
| NSE: | NSE IPO Allotment Page |
| Equity market Insights | IPO Allotment Status Page |
Step 1: How to Check Balaji Phosphates IPO Allotment Status on Skyline
- Visit ‘Skyline Services’ IPO allotment page.
- Select ‘Balaji Phosphates Limited’ from the drop-down menu.
- Choose your search criteria: Application Number, PAN, or DP ID.
- Enter the required details and the captcha code.
- Click ‘Search’ to view your allotment status.
Step 2: How to Check Balaji Phosphates IPO Allotment Status on NSE
- Visit the NSE IPO allotment page.
- Select ‘Balaji Phosphates Limited’ from the list of IPOs.
- Choose your search criteria: Application Number, PAN, or DP ID.
- Enter the required details and captcha code.
- Click ‘Search’ to display your allotment status.
Step 3: How to Check Balaji Phosphates IPO Allotment in Your Demat Account
- Log in to your Demat or trading account.
- Navigate to the holdings or portfolio section.
- Check if ‘Balaji Phosphates Limited’ shares are credited to your account.
- If allotted, the shares will be visible in your holdings.
Step 4: How to Check Balaji Phosphates IPO Allotment in Your Bank Account
- Log in to the bank account used for the IPO application.
- Review your account statement or transaction history.
- If shares are allotted, the IPO amount will be debited from your account.
- If not allotted, the blocked amount will be released, and you may receive an SMS or email notification regarding the refund.
About Company
Balaji Phosphates Limited, established in 1996, is a leading manufacturer of Single Super Phosphate (SSP), NPK fertilizers, and Zinc Sulphate, serving the agricultural sector under the brands ‘RATNAM’ and ‘BPPL’. The company operates a state-of-the-art manufacturing unit in Dewas, Madhya Pradesh, with an annual capacity of 1,20,000 MT SSP, 49,500 MT NPK, and 3,300 MT Zinc Sulphate. It sources raw materials globally and locally, catering to farmers across Madhya Pradesh, Chhattisgarh, Maharashtra, Andhra Pradesh, and Telangana. The company also owns Jyoti Weighing Systems Pvt Ltd, manufacturing weighbridges, further enhancing its industrial capabilities.
Balaji Phosphates IPO FAQs
When will the Balaji Phosphates IPO allotment be finalized?
The Basis of Allotment will be finalized on Wednesday, March 5, 2025.
When will refunds be initiated for Balaji Phosphates IPO?
Refunds will be initiated on Thursday, March 6, 2025, for applicants who were not allotted shares.
When will Balaji Phosphates IPO shares be credited to Demat accounts?
The shares will be credited to Demat accounts on Thursday, March 6, 2025.
What is the expected listing date for Balaji Phosphates IPO?
The IPO is expected to list on the stock exchange on Friday, March 7, 2025.
What is the UPI mandate deadline for Balaji Phosphates IPO?
The UPI mandate deadline is 5 PM on March 4, 2025.
How to Check Balaji Phosphates IPO Allotment Status
You can check Balaji Phosphates IPO allotment status on Bigshare Services, BSE website, or your Demat account.