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Balaji Phosphates Ltd
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Registered Office:
305 Utsav Avenue 3rd Flr 12/5,Ushagani Jaora Compound G.P.O
,
Indore
-
452001
,
Madhya Pradesh
, India.
Phone :
+91 98270 90267 Fax:
Email : infous@balajiphosphates.com
Website : www.balajiphosphates.com
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Initial public offer of upto 71,58,000 equity shares of face value of
Rs10/- each ("Equity Shares") of Balaji Phosphates Limited ("the Company" or the "Issuer") for cash at a price of Rs70/- per equity share (the "Offer Price"), (including a premium of Rs60/- per equity share), aggregating upto Rs50.11 crores ("the Offer"), comprising of fresh offer of up to 59,40,000 equity shares aggregating up to Rs41.58 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 Rs8.53 crores ("Offer for Sale"), the offer includes a reservation of 3,58,000 equity shares of face value of Rs10/- each, at an offer price of Rs70/- per equity share for cash, aggregating to Rs2.51 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 Rs10/- each for cash at a price of Rs70/- per equity share, aggregating to Rs47.60 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.
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Opens On
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Closes On
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Application
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Allotment
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28-Feb-25
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04-Mar-25
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Rs 70.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :2000 Further
Multiples of :2000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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36.57
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| Arihant Capital Markets Ltd |
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Project Financed through Current Offer
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50.11
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Post Issue Equity Share Capital
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23.78
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Issue Price
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Rs 70.00
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