Balaji Phosphates SME IPO Subscription
ListedUpdated 7 March 2025, 9:15 AM IST· NSE SME
Balaji Phosphates SME IPO subscription closed on 4 March 2025 at 1.21x overall by shares. QIB demand came in at 1.26x, NII at 1.34x, and retail at 1.09x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 5 March 2025. Listing date on NSE and BSE is 7 March 2025.
Balaji Phosphates SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 28 Feb 2025 | 0.00x | 0.27x | 0.22x | 0.19x |
| Day 2 - 3 Mar 2025 | 0.00x | 0.98x | 0.56x | 0.57x |
| Day 3 - 4 Mar 2025 | 1.26x | 1.34x | 1.09x | 1.21x |
Balaji Phosphates SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Balaji Phosphates SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 1.09x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Balaji Phosphates SME IPO Allotment Status page from 5 March 2025 for your result.
Balaji Phosphates SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 70.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 10.28 Cr | Rs 12.92 Cr | 1.26x |
| NII | Rs 14.28 Cr | Rs 19.08 Cr | 1.34x |
| IND | Rs 19.04 Cr | Rs 20.72 Cr | 1.09x |
| Total | Rs 43.60 Cr | Rs 52.72 Cr | 1.21x |
What Do These Subscription Numbers Mean?
1.21x overall by shares means bids covered about 1 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 1.26x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (1.34x by shares). SHNI and BHNI allotment is by lottery.
Retail at 1.09x by shares. Exact lottery chances need application data.
Balaji Phosphates SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 February 2025 |
| IPO Close Date | 4 March 2025 |
| Allotment Date | 5 March 2025 |
| Refund Initiation | 6 March 2025 |
| Share Credit to Demat | 6 March 2025 |
| Listing Date | 7 March 2025 |
| Minimum Investment | Rs 2,80,000.00 |
| Lot Size | 2000 shares |
About Balaji Phosphates SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Balaji Phosphates SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Balaji Phosphates SME Details
Issue size, price, financials, and company info
Balaji Phosphates SME GMP
Live grey market premium and listing estimate
Balaji Phosphates SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Balaji Phosphates SME Allotment
Allotment date, chances, and check by PAN
Balaji Phosphates SME Review
SWOT, strengths, risks, and IPO review
Balaji Phosphates SME FAQ
Common questions on dates, GMP, and allotment
Balaji Phosphates SME Registrar
Registrar website and how to check allotment
Balaji Phosphates SME Timeline
Open, close, allotment, and listing dates
Balaji Phosphates SME News
Updates, blogs, and latest IPO news
Balaji Phosphates SME IPO Subscription FAQs
What is Balaji Phosphates SME IPO subscription status today?
Balaji Phosphates SME IPO subscription closed on 4 March 2025 with overall subscription of 1.21x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 1.26x, NII 1.34x, IND 1.09x.
What is the overall subscription of Balaji Phosphates SME IPO?
Balaji Phosphates SME IPO is subscribed 1.21x overall by shares at close on 4 March 2025. QIB 1.26x, NII 1.34x, and IND 1.09x.
What is Balaji Phosphates SME IPO QIB subscription?
Balaji Phosphates SME IPO QIB (Qualified Institutional Buyers) subscription is 1.26x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Balaji Phosphates SME IPO IND subscription?
Balaji Phosphates SME IPO IND subscription is 1.09x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is Balaji Phosphates SME IPO NII, SHNI, and BHNI subscription?
Balaji Phosphates SME IPO NII subscription is 1.34x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are Balaji Phosphates SME IPO retail allotment chances?
Balaji Phosphates SME IPO retail share subscription is 1.09x. Application data is needed for exact lottery chances.
What are Balaji Phosphates SME IPO SHNI allotment chances?
Balaji Phosphates SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
What are Balaji Phosphates SME IPO BHNI allotment chances?
Balaji Phosphates SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.
When is Balaji Phosphates SME IPO allotment date?
Balaji Phosphates SME IPO allotment date is 5 March 2025. Check Balaji Phosphates SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Balaji Phosphates SME IPO subscription close?
Balaji Phosphates SME IPO subscription closed on 4 March 2025. No new applications are accepted after the close.
What is Balaji Phosphates SME IPO GMP today?
GMP for Balaji Phosphates SME IPO is not available yet. Track Balaji Phosphates SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Balaji Phosphates SME IPO issue price and lot size?
Balaji Phosphates SME IPO issue price is ₹70 per share. Lot size is 2000 shares. Minimum investment is ₹2,80,000 per lot (minimum 2 lots for SME). Issue size: ₹50.11 Cr.
When is Balaji Phosphates SME IPO listing date?
Balaji Phosphates SME IPO listing date is 7 March 2025 on NSE and BSE. Allotment is on 5 March 2025.
How does subscription affect Balaji Phosphates SME IPO allotment?
In Balaji Phosphates SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 1.21x overall, competition is moderate.
For allotment results from 5 March 2025, visit the Balaji Phosphates SME IPO Allotment Status page. For listing day updates on 7 March 2025, download the IPOwiz App.
Sources
We match Balaji Phosphates SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.