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Balaji Speciality Chemicals Ipo


Objects of the Issue

  • Repayment/pre-payment, in full or in part, of certainoutstanding borrowings availed by our Company.

  • Funding working capital requirements of our Company.

  • General corporate purposes.

Balaji Speciality Chemicals IPO Review (Apply or Not)

  • To be updated soon

Brokerage Firm IPO Review

  • Capital Market: To be updated soon

  • Religare Broking: To be updated soon

  • Hem Securities: To be updated soon

  • Arihant Capital: To be updated soon

Peer Group

  • Clean Science and Technology Limited

  • Alkyl Amines Chemicals Limited

  • Tatva Chintan Pharma Chem Limited

  • Neogen Chemicals Limited

Company Promoters

  • BALAJI AMINES LIMITED

  • ANDE PRATHAP REDDY

  • ANDE SRINIVAS REDDY

  • RAM REDDY DUNDURAPU

  • RAJESHWAR REDDY NOMULA

  • GADDAM HEMANTH REDDY

Balaji Speciality Chemicals IPO Lead Managers aka Merchant Bankers

  • HDFC Bank Limited

  • JM Financial Limited

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ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

Price Band Announcement:2023
Anchor Investors Allotment:2023
IPO Open Date:2023
IPO Close Date:2023
Basis of Allotment:2023
Refunds:2023
Credit to Demat Account:2023
IPO Listing Date:2023

  ₹ in Crores
YearRevenueExpensePAT
2020₹54.11₹76.45₹15.87
2021₹175.88₹160.63₹10.40
2022₹516.04₹361.99₹108.95

Earning Per Share (EPS):₹5.45 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):81.91%
Net Asset Value (NAV):₹9.37 per Equity Share

IPO Open:2023
IPO Close:2023
IPO Size:Approx ₹[.] Crores
Fresh Issue:Approx ₹250 Crores
Offer for Sale:Approx 2,60,00,000 share
Face Value:₹2 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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