Balaji Phosphates IPO — Listing Performance
Balaji Phosphates IPO facts & figures
| Issue category | SME |
|---|---|
| Issue open date | 28 Feb 2025 |
| Listing date | 7 Mar 2025 |
| Overall subscription | 1.2x |
| Issue price | ₹70 |
| Listing-day close | ₹74.35 (6.21%) |
| Recent market price | ₹116 (65.71% vs issue) |
| 52-week range | ₹87.15 – ₹179.65 |
| Identifiers | NSE: BALAJIPHOS · ISIN: INE0PQ601019 |
How the listing went
Balaji Phosphates saw a healthy listing pop, closing day one 6.21% above the issue price, on tepid subscription of 1.2x.
Balaji Phosphates against every other debut on record
- Rank in 2025: 108 of 215 NSE debuts, on a 6.21% first-day close.
- 48th percentile of 116 SME debuts in 2025 (median 6.52%).
- 1st of 5 debuts in March 2025.
- Subscribed 1.2x: 5th percentile of 165 SME issues with a figure; the 65 subscribed between 1 and 5 times closed day one a median -1.34%.
- Opened 7.14% above issue, then gave up 0.93 points to the close.
- Day-one range ₹73.50 to ₹78: a 6.43% swing on the issue price.
- Last close ₹116 (11 Sep 2026): 65.71% above issue, against 6.21% on day one.
- 31% up its 52-week range of ₹87.15 to ₹179.65.
- Priced at the top of the ₹66 to ₹70 band.
- Listed 3 calendar days after close.
- All 601 SME debuts on record: median 14.22%, 79% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources