Balaji Speciality Chemicals IPO Date, Price, GMP, Review, Details

Balaji Speciality Chemicals IPO

The Balaji Speciality Chemicals IPO has begun on 2023. It will close on 2023. The Total IPO Size is – Crore . The company set its IPO price is – Rs Per Share. Basically, there are three basic categories in Balaji Speciality Chemicals IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.

Balaji Speciality Chemicals is established in 2010.

Balaji Speciality Chemicals are the sole manufacturer in India of niche chemicals such as Ethylenediamine, Piperazine (Anhydrous), Diethylenetriamine, Amino Ethyl Ethanol Amines and Amino Ethyl Piperazine, using the Monoethanol Amine (“MEA”) process ..

The chemicals they manufacture are import substitutes and are used in various end-use industries such as speciality chemicals, agrochemicals, and pharmaceuticals.

The key customers include: Nanjing Union Chemical Company Limited, Korea India Limited, UPL Limited, Dr. Reddy’s Laboratories Limited and Aarti Dugs Limited.

They sold thier products to 182 customers which includes manufacturers of speciality chemicals, agrochemical and pharmaceutical as well as distributors that further sell our products to customers in these industries.

Balaji Speciality Chemicals Promotor Shareholding


Name of the Promoter No. of Shares held Percentage of total Shareholding Average cost of Acquisition
Balaji Amines Limited 110,000,000 55% 6.00
Ande Srinivas Reddy 17,570,600 8.79% 2.00
Ande Prathap Reddy 12,894,900 6.45% 4.68
Ram Reddy Dundurapu 6,030,100 3.02% 2.84
Rajeshwar Reddy Nomula 5,979,800 2.99% 2.56
Gaddam Hemanth Reddy 4,359,795 2.18% 3.97

Balaji Speciality Chemicals IPO Date, Details & Price Band

The Balaji Speciality Chemicals IPO Price Band, IPO Dates, Market lot and other details mention in be below table.

IPO Opening Dates 2023
IPO Closing Dates 2023
Price Band – Rs
Fresh issue 250 Crore
OFS issue 26,000,000 shares
Total IPO size – Crore
Minimum bid (lot size) – Shares
Face Value 2 INR Per Share
Issue Type Book Built Issue IPO
Listing On NSE, BSE

Balaji Speciality Chemicals IPO Reservation

There are three basic category of Balaji Speciality Chemicals IPO Reservation, other mention in be below table.

QIB Allocation 75%
HNI Allocation 15%
Retail Allocation 10%

Balaji Speciality Chemicals IPO Market Lot

The Balaji Speciality Chemicals IPO minimum market lot is – shares With – ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 – ₹
Retail Maximum – ₹
S-HNI Minimum – ₹
S-HNI Maximum – ₹
B-HNI Maximum – ₹

Restated Consolidated Financial Record of the three year (Amt. in Crore)

Total Assets Total Revenue Profit After Tax
31-Mar-21 303.04 175.88 10.40
31-Mar-22 401.61 516.04 108.95
31-Mar-23 480.98 798.74 178.14
EPS (₹) NAV (₹) RONW(%) Borrowings (Crores)
31-Mar-20 (0.79) 3.41 (20.86%) 203.55
31-Mar-21 0.52 3.93 14.18% 204.41
31-Mar-22 5.45 9.37 81.91% 166.64

Balaji Speciality Chemicals IPO GMP & Grey Market Premium

Balaji Speciality Chemicals IPO GMP Grey market premium has been started today. Check Latest Balaji Speciality Chemicals IPO GMP, Kostak Rates and Subject to Sauda Price here.

Balaji Speciality Chemicals IPO Prospectus

Balaji Speciality Chemicals IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Balaji Speciality Chemicals IPO Prospectus.

Balaji Speciality Chemicals IPO Prospectus Download
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Balaji Speciality Chemicals IPO Reviews

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Balaji Speciality Chemicals IPO Form Download

Balaji Speciality Chemicals IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Balaji Speciality Chemicals IPO forms.

Balaji Speciality Chemicals IPO Allotment Date & Details

Allotment Date 2023
Initiation of refunds 2023
Transfer of shares to Demat accounts 2023
Listing Date 2023
Check Allotment Status Click here

Registrar of Balaji Speciality Chemicals

Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
L.B.S. Marg, Vikhroli (West),
Mumbai 400 083, Maharashtra, India
Tel.: +91 22 4918 6200
E-mail: [email protected]
Investor Grievance Email: [email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No: INR000004058

Balaji Speciality Chemicals Contact Details

Balaji Speciality Chemicals Limited
2 nd Floor, Balaji Towers No. 9/1A/1,
Hotgi Road, Aasara Chowk,
Solapur – 413224
Phone: +91 217 2606 006
Email: investors@balajispeciali
Website: http://www.balajispecialitychemicals.com/

Balaji Speciality Chemicals IPO Lead Managers

JM Financial Limited
7th Floor, Cnergy
Appasaheb Marathe Marg, Prabhadevi,
Mumbai – 400 025,
Maharashtra, India
Tel.: +91 22 6630 3030
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.jmfl.com
Contact Person: Prachee Dhuri
SEBI Registration No: INM000010361

HDFC Bank Limited
Investment Banking Group
Unit No. 401 & 402, 4th Floor,
Tower B, Peninsula Business Park,
Lower Parel, Mumbai 400 013, Maharashtra, India
Tel.: +91 22 3395 8233
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.hdfcbank.com
Contact Person: Kunal Thakkar
SEBI Registration No: INM000011252

1 Comment

  1. Bhushan Kumar Jain

    Whether there is share holding quota for the share holders of Balaji Amines

Comments are closed.