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.
| DRHP | Download |
Balaji Speciality Chemicals IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
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
Whether there is share holding quota for the share holders of Balaji Amines