The Indian leading Speciality Chemicals company Balaji Speciality Chemicals IPO will be hit the market Announced Soon. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹425 crore approx through IPO. The company will issue fresh shares of ₹250 crores through this IPO and will issue shares through offer for sale of 26,000,000 shares.
The company has reserved 75% for QIB, 10% for retail and 15% for NII in this IPO.
Balaji Speciality Chemicals Private Limited (BSCPL) is a subsidiary of Balaji Amines Limited (BAL), one of the leading manufacturers of aliphatic amines in India. The Company 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. You can check Balaji Speciality Chemicals IPO GMP.
The Company manufacture are import substitutes and are used in various end-use industries such as speciality chemicals, agrochemicals, and pharmaceuticals. The company commenced commercial production in June 2019 from our manufacturing facility located at Solapur, Maharashtra and have since scaled our operations, grown our brand and customer base to become one of the fastest growing speciality chemicals companies in India.
The company product portfolio comprised five niche chemicals catering to a diverse range of end user industries, including speciality chemicals, agrochemicals; and pharmaceuticals across multiple applications. you can check Balaji Speciality Chemicals IPO subscription status here.
| Read also: Upcoming IPO List 2023 |
The global market for company portfolio of Ethylenediamine, Piperazine, Diethylenetriamine, Amino Ethyl Ethanol Amines and Amino Ethyl Piperazine is expected to grow from 1,078 kilo tons (“KT”) in Fiscal 2022 to 1,570 KT by Fiscal 2028, growing at a CAGR of 6.5%. The global market for these products is presently valued at US$ 2.2 billion and is expected to grow at 6.9% CAGR to US$ 3.3 to 3.4 billion by Fiscal 2028.
The company in Fiscal 2022, India imported 31.8 KT of Ethylenediamine, 1.1 KT of Piperazine (Anhydrous), 4.4 KT of Diethylenetriamine, 0.2 KT of Amino Ethyl Ethanol Amines and 0.3 KT of Amino Ethyl Piperazine. Further, in the last three Fiscals, India cumulatively imported 125.4 KT of these products, i.e., 105.5 KT of Ethylenediamine, 6.3 KT of Piperazine (Anhydrous), 12.2 KT of Diethylenetriamine, 0.6 KT of Amino Ethyl Ethanol Amines and 0.7 KT of Amino Ethyl Piperazine.
Object Of the Issue :
- Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company.
- Funding working capital requirements of our Company; and
- General corporate purposes
Company Strengths :
- Sole manufacturer of niche chemicals in India, including Ethylenediamine, Piperazine (Anhydrous), Diethylenetriamine, Amino Ethyl Ethanol Amines and Amino Ethyl Piperazine, with significant export potential.
- Well-positioned to capture industry tailwinds.
- Rapidly developed a diversified global and Indian customer base.
- Ability to leverage research and development capabilities and strategic guidance from Balaji Amines Limited.
- Manufacturing facility with stringent quality norms and procedures.
- Improving profitability and enhancement of market share.
- Professional management team with extensive domain knowledge and supported by a committed employee base.
Balaji Speciality Chemicals IPO Review :
■ Coming Soon
Balaji Speciality Chemicals IPO Date & Price Band & Details :
| Issue Type : | Book Built Offer |
| 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 : | ₹250. Cr |
| Offer For Sale : | ₹. Cr |
Balaji Speciality Chemicals IPO Market Lot :
Balaji Speciality Chemicals IPO Minimum Market lot is – Lot with – shares with ₹- Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | – | – | ₹- |
| Retail Maximum : | – | – | ₹- |
| S-HNI Minimum : | – | – | ₹- |
| S-HNI Maximum : | – | – | ₹- |
| B- HNI Minimum : | – | – | ₹- |
Balaji Speciality Chemicals IPO Shares Offer :
A Total of – shares are to be bid for the public issue by Balaji Speciality Chemicals IPO with – for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | – | ₹– |
| Offer For Sale : | – | ₹– |
| Total : | – | ₹– |
Balaji Speciality Chemicals IPO Reservation :
Balaji Speciality Chemicals IPO Total Reservation of – shares are to be bid for the public issue by Balaji Speciality Chemicals IPO with – for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | – | ₹– |
| NII : | 15% | – | ₹– |
| RII : | 10% | – | ₹– |
| EMP : | – % | – | ₹- |
| Total : | 100% | – | ₹– |
Balaji Speciality Chemicals IPO EPS :
The Balaji Speciality Chemicals company’s EPS growth is Increasing last financial year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | RoNW |
|---|---|---|
| 2022 | ₹5.45 | 81.91% |
| 2021 | ₹0.52 | 14.18% |
| 2020 | ₹-0.79 | -20.86% |
Balaji Speciality Chemicals IPO Peer Comparison PE :
The Balaji Speciality Chemicals, According to DRHP of the company some company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Clean Science and Technology Limited | 74.81 |
| 2. | Alkyl Amines Chemicals Limited | 69.84 |
| 3. | Tatva Chintan Pharma Chem Limited | 52.61 |
| 4. | Neogen Chemicals Limited | 76.02 |
Balaji Speciality Chemicals IPO Dates :
Balaji Speciality Chemicals IPO Date is Announced Soon. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.
| Anchor Date : | 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 Speciality Chemicals IPO Form :
There are two ways to apply in Balaji Speciality Chemicals IPO. You can apply for Balaji Speciality Chemicals IPO through ASBA available in your bank account. You have to go to your online bank login and select Balaji Speciality Chemicals IPO in the Invest section and apply through your bank account. Another option is you can apply for Balaji Speciality Chemicals IPO through IPO form download through NSE and BSE. See the Balaji Speciality Chemicals IPO Form Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Balaji Speciality Chemicals Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹5,160.42 | ₹3,619.88 | ₹1,089.45 |
| 2021 | ₹1,758.78 | ₹1,606.34 | ₹103.95 |
| 2020 | ₹541.15 | ₹764.51 | ₹158.70 |
Company Promoters :
■ Ande Prathap Reddy
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Balaji Speciality Chemicals IPO Lead Managers :
■ HDFC Bank Limited
■ JM Financial Limited
Balaji Speciality Chemicals IPO Registrar :
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
Note: Check Balaji Speciality Chemicals IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Balaji Speciality Chemicals Private Limited
2nd Floor, Balaji Towers No. 9/1A/1,
Hotgi Road, Aasara Chowk,
Solapur – 413 224,
Maharashtra, India
Telephone: +91 217 2606 006
E-mail: [email protected]
Website: www.balajispecialitychemicals.com
Balaji Speciality Chemicals IPO FAQs :
What is Balaji Speciality Chemicals IPO?
Balaji Speciality Chemicals 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 Speciality Chemicals IPO will open?
The IPO is to open on Announced Soon for QIB, NII & RII.
What is Balaji Speciality Chemicals IPO Size?
Balaji Speciality Chemicals IPO size is ₹- Crores.
What is the Fresh issue size of Balaji Speciality Chemicals IPO?
The Fresh issue size of Balaji Speciality Chemicals IPO ₹- Cr.
What is the Offer For Sale size of Balaji Speciality Chemicals IPO?
The Offer For Sale size of Balaji Speciality Chemicals IPO ₹- Cr.
What is Balaji Speciality Chemicals IPO Price Band?
Balaji Speciality Chemicals IPO Price Band is ₹-₹- Per share.
What is Balaji Speciality Chemicals IPO Minimum and Maximum Lot Size?
The minimum – Shares with ₹- amount while the maximum – shares with ₹-.
What is Balaji Speciality Chemicals IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Balaji Speciality Chemicals IPO Allotment Date?
Balaji Speciality Chemicals IPO allotment date is Announced Soon.
What is Balaji Speciality Chemicals IPO Listing Date?
Balaji Speciality Chemicals IPO listing date is Announced Soon. The IPO to list on NSE, BSE.
How to Apply the Balaji Speciality Chemicals IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Balaji Speciality Chemicals 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 Speciality Chemicals IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Balaji Speciality Chemicals 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 Speciality Chemicals 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 Speciality Chemicals 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 Speciality Chemicals 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 Speciality Chemicals 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 Speciality Chemicals IPO GMP: Click Here Balaji Speciality Chemicals IPO Subscription: Click Here Balaji Speciality Chemicals IPO Allotment: Click Here Balaji Speciality Chemicals IPO Listing: Click Here |
All Balaji Speciality Chemicals IPO-related links are available here. If you want to know the details then click on Click Here Link.
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