Balaji Speciality Chemicals IPO Date, Price Band, Allotment Details.

Balaji Speciality Chemicals IPO Details:Balaji Speciality Chemicals’ initial public offering (IPO) is an allotment offering and features both fresh issue of Rs 250.00 crore as well as sale offer of 2.6 crore shares.

Balaji Speciality Chemicals’ initial public offering (IPO) date has been determined; its debut will occur on [.] and close two days later on [.]. Balaji Speciality Chemicals anticipates raising around Rs425 crores through this IPO which comprises fresh issue of Rs250 crores plus offer for sale of 2,60,00,000 Rs2 equity shares through offering for sale up to 2.600,00,000. Retail quota accounts for 10% while QIB represents 75% with HNI accounting for 15%.

Balaji Speciality Chemicals Limited (BSCL), previously known as Balaji Specialty Chemicals Private Limited (BSCPL), is an affiliate of Balaji Amines Limited (BAL), one of India’s foremost producers of aliphatic amines and pharmaceutical excipients. BAL specializes in producing methylamine, ethylamines derivatives as well as specialty chemicals & excipients for pharmaceutical excipient applications.

Balaji Speciality Chemicals IPO

BSCL is India’s sole manufacturer of niche chemicals such as Ethylene Diamine (EDA), Diethylenetriamine (DETA), Aminoethyl Ethanolamine (AEEA) and Aminoethyl Piperazine (AEP), made through the Monoethanol Amine (MEA) process.

Chemicals we produce are import replacements used across a range of end use industries including speciality chemicals, agrochemicals and pharmaceuticals.

Since we began commercial production from our manufacturing facility located at E-8/1 MIDC Chincholi in Taluka Mohol of Solapur Maharashtra on June 2019 for commercial purposed, our operations and brand has expanded exponentially resulting in becoming one of the fastest-growing specialty chemicals companies in India with total installed production capacity exceeding 30MTPA and REACH compliance, our Ethylene Diamine (EDA), Diethylenetriamine (DETA) products can now be exported into European Union markets as well as certain other regions around the globe.

NCC Industries delivered products to 182 customers who specialize in speciality chemicals, agrochemicals and pharmaceuticals industries as well as distributors who sold our products further within these fields. Some key customers include Nanjing Union Chemical Company Limited, Korea India Limited UPL Limited Dr Reddy’s Laboratories Limited Aarti Dugs Limited as key clients of their manufacturing facility located at Solapur Maharashtra for all product manufacturing activities.

Offer details and objectives:

  • Repayment/pre-payment, in full or in part, of certainoutstanding borrowings availed by our Company.
  • Funding working capital requirements of our Company.
  • General corporate purposes.

Balaji Speciality Chemicals IPO Dates & Band Price Details:

IPO Open:2023
IPO Close:2023
IPO Size:Approx ₹[.] Crores
Fresh Issue:Approx ₹250 Crores
Offer for Sale:Approx 2,60,00,000 share
Face Value:₹2 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here

Balaji Speciality Chemicals IPO Market Lot :

Balaji Speciality Chemicals’ Initial Public Offering has set its minimum market lot at [.] shares for an application amount of Rs[.]. Retail investors may apply up to 13 lots worth [.] shares or Rs[.].

ApplicationLot SizeSharesAmount
Retail Minimum1
Retail Maximum13
S-HNI Minimum14
B-HNI Minimum68

Balaji Speciality Chemicals IPO Allotment & Listing Dates:

Balaji Speciality Chemicals will hold their initial Public Offering on 2023 with an allotment and listing deadline set for 2023.

Price Band Announcement:2023
Anchor Investors Allotment:2023
IPO Open Date:2023
IPO Close Date:2023
Basis of Allotment:2023
Refunds:2023
Credit to Demat Account:2023
IPO Listing Date:

Balaji Speciality Chemicals Company Financial Report:

  ₹ in Crores
YearRevenueExpense PAT
2020₹54.11₹76.45 -₹15.87
2021₹175.88₹160.63 ₹10.40
2022₹516.04₹361.99 ₹108.95

Company details:

CategoryDetails
Peer GroupClean Science and Technology Limited
Alkyl Amines Chemicals Limited
Tatva Chintan Pharma Chem Limited
Neogen Chemicals Limited
Company PromotersBALAJI AMINES LIMITED
ANDE PRATHAP REDDY
ANDE SRINIVAS REDDY
RAM REDDY DUNDURAPU
RAJESHWAR REDDY NOMULA
GADDAM HEMANTH REDDY
Balaji Speciality Chemicals IPO RegistrarLink Intime India Private Limited
C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli West, Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: Link Intime
Balaji Speciality Chemicals IPO Allotment Status CheckCheck Balaji Speciality Chemicals IPO allotment status on Linkintime website allotment URL. Click Here
Balaji Speciality Chemicals IPO Lead Managers aka Merchant BankersHDFC Bank Limited
JM Financial Limited
Company AddressBALAJI SPECIALITY CHEMICALS LIMITED
2nd Floor, Balaji Towers No. 9/1A/1, Hotgi Road, Aasara Chowk, Solapur 413 224, Maharashtra, India
Phone: +91 217 2606 006
E-mail: [email protected]
Website: Balaji Speciality Chemicals

Disclaimer: This article should only be taken as general purpose & should not be treated as financial advice. Before making any investment decisions based on this information provided in this article, always seek a qualified financial adviser opinion first.

What is Balaji Speciality Chemicals IPO?

Balaji Speciality Chemicals’ main-board IPO will raise Rs425 Crores. Their issue price varies between Rs[.] to Rs[.]. And their listing on both BSE & NSE are set for an impressive debut.

When Balaji Speciality Chemicals IPO will open?

Please check back with us after some time for information regarding Balaji Speciality Chemicals’ initial public offering (IPO). No dates have yet been provided by them.

What is Balaji Speciality Chemicals IPO Investors Portion?

QIB investors’ share is 75%; National Infrastructure Investment is 15% and Retail accounts for 10% of this portfolio.

What is the lot size of Balaji Speciality Chemicals IPO?

Balaji Speciality Chemicals’ Initial Public Offering lot size and minimum order quantity is not currently available – please check back again later for an update.

What is Balaji Speciality Chemicals IPO Price Band?

Balaji Speciality Chemicals’ Initial Public Offering lot size and minimum order quantity is not currently available – please check back again later for an update.

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