Comparison between Balaji Phosphates IPO and Mahendra Realtors IPO.
Balaji Phosphates IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Mahendra Realtors IPO is a SME Bookbuilding proposed to list at NSE SME.
| Balaji Phosphates IPO | Mahendra Realtors IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Arihant Capital Markets Ltd. | Fast Track Finsec Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| 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 Mahendra Realtors IPO is up to ₹46.97 Cr. The final issue price of Balaji Phosphates IPO is ₹70.00 per share and of Mahendra Realtors IPO is ₹85.00 per share.
| Balaji Phosphates IPO | Mahendra Realtors IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | ₹75.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹85.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹85.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 55,82,000 shares | 44,35,200 shares |
| Fresh Issue Size (Amount) | up to ₹39.07 Cr | up to ₹37.70 Cr |
| OFS Issue Size | 12,18,000 shares | 10,91,200 shares |
| OFS Issue Size (Amount) | up to ₹8.53 Cr | up to ₹9.28 Cr |
| Issue Size Total | 68,00,000 shares | 55,26,400 shares |
| Issue Size Total (Amount) | up to ₹47.60 Cr | up to ₹46.97 Cr |
Balaji Phosphates IPO opens on Feb 28, 2025, while Mahendra Realtors IPO opens on Aug 12, 2025. The closing date of Balaji Phosphates IPO and Mahendra Realtors IPO is Mar 04, 2025, and Aug 14, 2025, respectively.
| Balaji Phosphates IPO | Mahendra Realtors IPO | |
|---|---|---|
| Anchor Bid Date | Feb 27, 2025 | |
| Issue Open | Feb 28, 2025 | Aug 12, 2025 |
| Issue Close | Mar 04, 2025 | Aug 14, 2025 |
| Basis Of Allotment (Tentative) | Mar 05, 2025 | Aug 18, 2025 |
| Initiation of Refunds (Tentative) | Mar 06, 2025 | Aug 19, 2025 |
| Credit of Share (Tentative) | Mar 06, 2025 | Aug 19, 2025 |
| Listing date (Tentative) | Mar 07, 2025 | Aug 20, 2025 |
| Anchor Lockin End date 1 | Apr 04, 2025 | |
| Anchor Lockin End date 2 | Jun 03, 2025 |
Balaji Phosphates IPO P/E ratio is 20.67, as compared to Mahendra Realtors IPO P/E ratio of 9.94.
| Balaji Phosphates IPO | Mahendra Realtors IPO | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Balaji Phosphates Limited Financial Information (Restated Consolidated)
| EBITDA | ||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.90 | 73.68 | ||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.67 | 9.94 | ||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹166.44 Cr. | ₹187.88 Cr. | ||||||||||||||||||||||||||||||||||||||||
| ROE | 18.89% | 23.43% | ||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.7% | 30.56 % | ||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | 0.22 | ||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.39 | ₹8.55 | ||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.26% | 23.43% | ||||||||||||||||||||||||||||||||||||||||
In the Balaji Phosphates IPO Retail Individual Investors (RII) are offered 27,20,000 shares while in Mahendra Realtors IPO retail investors are offered 27,20,000 shares. Qualified Institutional Buyers (QIB) are offered 14,68,000 shares in Balaji Phosphates IPO and 56,000 shares in Mahendra Realtors IPO.
| Balaji Phosphates IPO | Mahendra Realtors IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,72,000 shares | |
| Market Maker Reserveration | 3,58,000 shares | 2,91,200 shares |
| QIB | 14,68,000 shares | 56,000 shares |
| NII | 20,40,000 shares | 27,08,800 shares |
| RII | 27,20,000 shares | 27,61,600 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 68,00,000 shares | 55,26,400 shares |
Balaji Phosphates IPO subscribed 1.21x in total, whereas Mahendra Realtors IPO subscribed 25.15x.
| Balaji Phosphates IPO | Mahendra Realtors IPO | |
|---|---|---|
| QIB (times) | 1.26x | 43.57x |
| NII (times) | 1.34x | 27.02x |
| Big NII (times) | 30.46x | |
| Small NII (times) | 20.15x | |
| RII (times) | 1.09x | 25.59x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 25.15x |
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