Comparison between Balaji Phosphates IPO and Beezaasan Explotech IPO.
Balaji Phosphates IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Beezaasan Explotech IPO is a SME Bookbuilding proposed to list at BSE SME.
| Balaji Phosphates IPO | Beezaasan Explotech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Arihant Capital Markets Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Balaji Phosphates IPO is up to ₹47.60 Cr whereas the issue size of the Beezaasan Explotech IPO is up to ₹56.85 Cr. The final issue price of Balaji Phosphates IPO is ₹70.00 per share and of Beezaasan Explotech IPO is ₹175.00 per share.
| Balaji Phosphates IPO | Beezaasan Explotech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | ₹165.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹175.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹175.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 2000 shares | 800 shares |
| Fresh Issue Size | 55,82,000 shares | 32,48,800 shares |
| Fresh Issue Size (Amount) | up to ₹39.07 Cr | up to ₹56.85 Cr |
| OFS Issue Size | 12,18,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹8.53 Cr | up to ₹0.00 Cr |
| Issue Size Total | 68,00,000 shares | 32,48,800 shares |
| Issue Size Total (Amount) | up to ₹47.60 Cr | up to ₹56.85 Cr |
Balaji Phosphates IPO opens on Feb 28, 2025, while Beezaasan Explotech IPO opens on Feb 21, 2025. The closing date of Balaji Phosphates IPO and Beezaasan Explotech IPO is Mar 04, 2025, and Feb 25, 2025, respectively.
| Balaji Phosphates IPO | Beezaasan Explotech IPO | |
|---|---|---|
| Anchor Bid Date | Feb 27, 2025 | Feb 20, 2025 |
| Issue Open | Feb 28, 2025 | Feb 21, 2025 |
| Issue Close | Mar 04, 2025 | Feb 25, 2025 |
| Basis Of Allotment (Tentative) | Mar 05, 2025 | Feb 27, 2025 |
| Initiation of Refunds (Tentative) | Mar 06, 2025 | Feb 28, 2025 |
| Credit of Share (Tentative) | Mar 06, 2025 | Feb 28, 2025 |
| Listing date (Tentative) | Mar 07, 2025 | Mar 03, 2025 |
| Anchor Lockin End date 1 | Apr 04, 2025 | Mar 28, 2025 |
| Anchor Lockin End date 2 | Jun 03, 2025 | May 27, 2025 |
Balaji Phosphates IPO P/E ratio is 20.67, as compared to Beezaasan Explotech IPO P/E ratio of 34.15.
| Balaji Phosphates IPO | Beezaasan Explotech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Balaji Phosphates Limited Financial Information (Restated Consolidated)
| Beezaasan Explotech Limited Financial Information (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 96.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.90 | 70.57 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.67 | 34.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹166.44 Cr. | ₹226.12 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.89% | 25.93% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.7% | 16.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | 1.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.39 | ₹5.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.26% | 20.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Balaji Phosphates IPO Retail Individual Investors (RII) are offered 27,20,000 shares while in Beezaasan Explotech IPO retail investors are offered 27,20,000 shares. Qualified Institutional Buyers (QIB) are offered 14,68,000 shares in Balaji Phosphates IPO and 6,53,600 shares in Beezaasan Explotech IPO.
| Balaji Phosphates IPO | Beezaasan Explotech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,72,000 shares | 9,68,000 shares |
| Market Maker Reserveration | 3,58,000 shares | 1,76,000 shares |
| QIB | 14,68,000 shares | 6,53,600 shares |
| NII | 20,40,000 shares | 4,88,800 shares |
| RII | 27,20,000 shares | 11,38,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 68,00,000 shares | 32,48,800 shares |
Balaji Phosphates IPO subscribed 1.21x in total, whereas Beezaasan Explotech IPO subscribed 5.43x.
| Balaji Phosphates IPO | Beezaasan Explotech IPO | |
|---|---|---|
| QIB (times) | 1.26x | 11.52x |
| NII (times) | 1.34x | 4.65x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.09x | 2.26x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 5.43x |
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