The IT hardware, peripherals and mobile accessories (“OEMs”) company Balaji Solutions IPO will be hit the market Soon. The Company has filed the DRHP of this IPO. According to DRHP, the company wants to raise ₹- crore through IPO. The company will issue fresh shares of ₹120 crores through this IPO and will issue shares through offer for sale of 75,00,000 shares.
The company has reserved 50% for QIB, 35% for retail and 15% for NII in this IPO.
■ Update :
- The Company has filed the DRHP of this IPO dated (14 August 2022).
Balaji Solutions limited is an IT hardware & peripherals and mobile accessories company engaged in the business of manufacturing and branding of products under our flagship brand i.e. “Foxin” (“Foxin Products”); (ii) original equipment manufacturers (“OEMs”) ranging from sourcing of components, designing, manufacturing, quality testing as per the specifications provided by certain brand owners; and (iii) distribution of various IT hardware & peripherals, mobile accessories, consumables and surveillance products of certain brand owners. You can check here to know Balaji Solutions IPO GMP and Balaji Solutions IPO subscription status here.
The company have been able to build our presence in India through a wide range of quality consumer products at an affordable prices and through our dealer channels in the electronic industry.
| Read also: Upcoming IPO List 2022 |
The company currently, operate through one (1) manufacturing facility located at Anmol South City Infra Park, Plot No. B4 and B5, Mouza Jagdishpur, JL No. 2, Dist. P.S. Liluah, Howrah, West Bengal – 711115, India which is spread across an area of 9,495.74 square meters (“Manufacturing Facility”).
The company Manufacturing Facility is strategically located on Kolkata-Mumbai highway providing us with strategic and operational advantages. This facilitates timely deliveries and improved efficiencies. Our Manufacturing Facility has an aggregate of 4 production lines, consisting of 5 assembly lines and 6 packaging lines, with a total installed capacity of 216.00 lakh units in Financial Year 2022, and a total actual production of 32.58 lakh units in Financial Year 2022.
Object Of the Issue :
- Funding incremental working capital requirements of our Company; and
- General corporate purposes.
Company Strengths :
- Established presence with over two decades of operations in the electronic industry.
- Diversified business vertical with wide range of product portfolio and consistent focus on quality.
- Established distribution network and long term relationship with our customers.
- Integrated Manufacturing Facility to deliver quality products.
- Experienced Promoter and strong senior management team with extensive knowledge of the sector.
Balaji Solutions IPO Review :
■ Coming Soon
Balaji Solutions IPO Date & Price Band & Details :
| IPO Open : | Update Soon |
| IPO Close : | Update Soon |
| IPO Size : | ₹. Cr |
| Face Value : | ₹. Equity Share |
| Price Band : | ₹ – ₹ Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹. Cr |
| Fresh Issue : | ₹. Cr |
| Offer For Sale : | ₹. Cr |
Balaji Solutions IPO Market Lot :
Balaji Solutions IPO Minimum Market lot is – Lot with – shares with ₹- Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.
| Minimum Lot Size : | – Lot |
| Minimum Share : | – Shares |
| Minimum Amount : | ₹- |
| Maximum Lot Size : | – Lot |
| Maximum shares : | – Shares |
| Maximum Amount : | ₹- |
Balaji Solutions IPO Shares Offer :
A Total of – shares are to be bid for the public issue by Balaji Solutions IPO with – for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | – | ₹– |
| Offer For Sale : | – | ₹– |
| Total : | – | ₹– |
Balaji Solutions IPO Reservation :
Balaji Solutions IPO Total Reservation of – shares are to be bid for the public issue by Balaji Solutions IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | – | ₹– |
| NII : | 15% | – | ₹– |
| RII : | 35% | – | ₹– |
| EMP : | – % | – | ₹- |
| Total : | 100% | – | ₹– |
Balaji Solutions IPO EPS :
The Balaji Solutions company’s EPS growth is Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2022 | ₹2.56 |
| 2021 | ₹10.29 |
| 2020 | ₹2.11 |
Balaji Solutions IPO Peer Comparison PE :
The Balaji Solutions, According to DRHP of the company no listed company whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | There are no listed companies in India that engage in all aspects of the business that we operate | – |
Balaji Solutions IPO Dates :
Balaji Solutions IPO Date is Announced Soon. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.
| Open Date : | Announced Soon |
| Close Date : | Announced Soon |
| Allotment Date : | Announced Soon |
| Refund Date : | Announced Soon |
| Share Credit Date : | Announced Soon |
| Listing Date : | Announced Soon |
Balaji Solutions IPO Form :
There are two ways to apply in Balaji Solutions IPO. You can apply for Balaji Solutions IPO through ASBA available in your bank account. You have to go to your online bank login and select Balaji Solutions IPO in the Invest section and apply through your bank account. Another option is you can apply for Balaji Solutions IPO through IPO form download through NSE and BSE. See the Balaji Solutions IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Balaji Solutions Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹48,557.73 | ₹46,450.44 | ₹1,538.66 |
| 2021 | ₹48,824.32 | ₹46,569.68 | ₹1,624.96 |
| 2020 | ₹45,362.63 | ₹44,903.94 | ₹333.01 |
Company Promoters :
■ Rajendra Seksaria
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Balaji Solutions IPO Lead Managers :
■ IDBI Capital Markets & Securities Limited
■ Affinity Global Capital Market Private Limited
Balaji Solutions IPO Registrar :
KFintech Technologies Limited
Selenium, Tower – B, Plot 31 and 32,
Financial District, Nanakramguda,
Serilingampally, Hyderabad,
Rangareddi – 500 032, Telangana, India
Telephone: +91 40 6716 2222
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.kfintech.com
Note: Check Balaji Solutions IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Balaji Solutions Private Limited
Anmol South City Infra Park,
Plot No. B4 and B5, Mouza Jagdishpur,
JL No. 2, Dist. P.S. Liluah,
Howrah, West Bengal – 711115, India.
Tel: +91 336 111 1818
E-mail: [email protected]
Website: www.balajisolutions.in
Balaji Solutions IPO FAQs :
What is Balaji Solutions IPO?
Balaji Solutions IPO is Mainboard IPO. They are going to raise ₹. Crores via IPO. The issue is priced at ₹-₹- per equity share. The IPO is to be listed on NSE, BSE.
When Balaji Solutions IPO will open?
The IPO is to open on Announced Soon for QIB, NII & RII.
What is Balaji Solutions IPO Size?
Balaji Solutions IPO size is ₹- Crores.
What is the Fresh issue size of Balaji Solutions IPO?
The Fresh issue size of Balaji Solutions IPO ₹- Cr.
What is the Offer For Sale size of Balaji Solutions IPO?
The Offer For Sale size of Balaji Solutions IPO ₹- Cr.
What is Balaji Solutions IPO Price Band?
Balaji Solutions IPO Price Band is ₹-₹- Per share.
What is Balaji Solutions IPO Minimum and Maximum Lot Size?
The minimum – Shares with ₹- amount while the maximum – shares with ₹-.
What is Balaji Solutions IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Balaji Solutions IPO Allotment Date?
Balaji Solutions IPO allotment date is Announced Soon.
What is Balaji Solutions IPO Listing Date?
Balaji Solutions IPO listing date is Announced Soon. The IPO to list on NSE, BSE.
How to Apply the Balaji Solutions IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Balaji Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Balaji Solutions IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Balaji Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Balaji Solutions IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Balaji Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Balaji Solutions IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Balaji Solutions IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Balaji Solutions IPO GMP: Click Here Balaji Solutions IPO Subscription: Click Here Balaji Solutions IPO Allotment: Click Here Balaji Solutions IPO Listing: Click Here |
All Balaji Solutions IPO-related links are available here. If you want to know the details then click on Click Here Link.
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