Balaji Phosphates specializes in the production and distribution of Single Super Phosphates (SSP), Zinc Sulphate, and Mixed fertilizers, marketed under the brand names “RATNAM” and “BPPL.” These products are supplied to wholesalers, retailers, and state-owned cooperatives. The company utilizes two primary raw materials: Crushed Rock Phosphate (CRP), sourced from countries like Jordan, Morocco, Egypt, and other Gulf nations, and Benefited Rock Phosphate (BRP), which is procured locally.

The fertilizers produced by Balaji Phosphates are widely used in the agriculture sector to improve plant growth, correct phosphorus deficiencies, and support root development. The company primarily operates in states such as Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana, and Andhra Pradesh.

The IPO of Balaji Phosphates is set to open on February 28, 2025, and will close on March 4, 2025. The price band for the IPO is fixed between ₹66 and ₹70 per share. The allocation is divided as follows: 40% for retail investors, 30% for Qualified Institutional Buyers (QIBs), and 30% for High-Net-Worth Individuals (HNIs). The shares are expected to be listed on the NSE on March 7, 2025, with the allotment date scheduled for March 5, 2025.

In terms of financial performance, the company reported revenue of ₹151.68 crores in 2024, up from ₹144.64 crores in 2023. However, its profit saw a marginal decline, with ₹6.04 crores in 2024 compared to ₹6.09 crores in the previous year.

Balaji Phosphates IPO Details

IPO Open Date:	February 28, 2025
IPO Close Date:	March 4, 2025
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹66 to ₹70 Per Share
Issue Size:	Approx ₹50.11 Crores
Fresh Issue:	Approx ₹41.58 Crores
Offer for Sale:	Approx 12,18,000 Equity Shares
IPO Listing:	NSE SME
Retail Quota:	Not more than 40%
QIB Quota:	Not more than 30%
NII Quota:	Not more than 30%

Balaji Phosphates IPO Timeline

IPO Open Date:	February 28, 2025
IPO Close Date:	March 4, 2025
Basis of Allotment:	March 5, 2025
Refunds:	March 6, 2025
Credit to Demat Account:	March 6, 2025
IPO Listing Date:	March 7, 2025

Balaji Phosphates SME IPO Lots

SME IPO Activity	Date
Issue Price	₹66.00-70.00
Market Lot:	2,000 Shares
1 Lot Amount:	₹1,40,000
Min HNI Lots:	4000 shares (2 lots) – ₹2,80,000

Balaji Phosphates Limited: In-Depth Financial Analysis and Key Insights

Period Ended	31 Aug 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	95.28	88.48	96.83	82.35
Revenue	54.85	151.68	144.64	124.12
Profit After Tax	4.15	6.04	6.09	3.19
Net Worth	39.15	35	28.97	22.86
Reserves and Surplus	21.31	17.17	20.05	16.92
Total Borrowing	35.58	33.22	26.32	19.88

Shreenath Paper Products Ltd specializes in producing a wide range of paper products, including sublimation base paper, thermal base paper, straw paper, cone sleeve paper, cup stock paper, poster paper, security PSA sheets, digital PSA sheets, C2S paper and board, high-strength paper, and more. These paper products cater to diverse industries such as FMCG, textiles (heat-sensitive printers), food & beverage, automotive, e-commerce, pharmaceuticals, printing, advertising, and others.

The IPO of Shreenath Paper Products Ltd is scheduled to open on February 25, 2025, and will close on February 28, 2025. The price band for the IPO is set at ₹44 per share. The allocation is divided equally, with 50% reserved for retail investors and 50% for high-net-worth individuals (HNIs). The company’s shares are expected to be listed on the BSE on March 5, 2025. The allotment date for the IPO is March 3, 2025.

In terms of financial performance, the company generated revenue of ₹189.67 crores in 2024, a slight decline from ₹206.7 crores in 2023. However, its profit remained stable, with ₹4.39 crores reported in 2024 compared to ₹4.38 crores in 2023.

Shreenath Paper SME IPO Details

SME IPO Issue Opening Date:	25th Feb 2025
SME IPO Issue Closing Date:	28th Feb 2025
SME IPO Issue Price:	₹44.00 Per Share
SME IPO Issue Type:	Fixed Price Issue
SME IPO Issue Size:	₹23.36 Cr
Fresh Issue:	₹23.36 Cr
Face Value:	₹10 Per Equity Share
Promoter Holding Pre IPO:	100.00%
Promoter Holding Post IPO:	72.98%

Shreenath Paper IPO Timeline

IPO Open Date:	February 25, 2025
IPO Close Date:	February 28, 2025
Basis of Allotment:	March 3, 2025
Refunds:	March 4, 2025
Credit to Demat Account:	March 4, 2025
IPO Listing Date:	March 5, 2025

Shreenath Paper SME IPO Lots

SME IPO Activity	Date
Issue Price	₹44.00
Market Lot:	3,000 Shares
1 Lot Amount:	₹1,32,000
Min HNI Lots:	6000 shares (2 lots) – ₹2,64,000

Shreenath Paper Products Limited: A Deep Dive into Financial Performance

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	62.25	60.34	50.95	30.82
Revenue	78.62	189.67	206.7	141.75
Profit After Tax	2.41	4.39	4.38	1.34
Net Worth	21.34	18.93	10.54	5.65
Reserves and Surplus	6.99	4.59	9.8	4.97
Total Borrowing	31.37	28.89	25.01	16.73

Nukleus Office Solutions offers a comprehensive range of co-working and managed office spaces. The company delivers tailored office solutions, including fully furnished workspaces, private cabins, dedicated desks, meeting rooms, and virtual office services, primarily serving the Delhi NCR region.

Core Offerings:

• Flexible Workspaces: Adaptable office solutions designed to meet diverse business needs.
• Managed Office Spaces: Fully furnished and serviced workspaces, along with hybrid and mixed office models to suit various requirements.

Nukleus primarily targets startups, SMEs, and large corporations, accommodating workspace needs ranging from 50 to 500 seats. As of December 31, 2024, the company operates 7 flexible workspace centers and 4 managed office locations, offering a total of 2,796 seats with an impressive occupancy rate of 88.48%.

The Nukleus Office Solutions IPO is set to open on February 24, 2025, and will close on February 27, 2025. The price band for the IPO has been fixed at ₹234 per share. The allocation quota is divided as follows: 50% for retail investors, 0% for QIBs (Qualified Institutional Buyers), and 50% for HNIs (High Net-Worth Individuals). The IPO is scheduled to list on the BSE (Bombay Stock Exchange) on March 4, 2025, with the allotment of shares expected to be finalized by February 28, 2025.

In terms of financial performance, Nukleus Office Solutions reported a revenue of ₹17.16 crores in 2024, marking a significant increase from ₹10.9 crores in 2023. Similarly, the company’s profit rose to ₹1.20 crores in 2024, up from ₹0.67 crores in 2023, reflecting strong growth and improved profitability.

Nukleus Office Solutions IPO Details

IPO Open Date:	February 24, 2025
IPO Close Date:	February 27, 2025
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹234 Per Share
Issue Size:	Approx ₹31.70 Crores
Fresh Issue:	Approx ₹31.70 Crores
IPO Listing:	BSE SME
Retail Quota:	Not more than 50%
QIB Quota:	Not more than 00%
NII Quota:	Not more than 50%

Nukleus Office Solutions Timeline

IPO Open Date:	February 24, 2025
IPO Close Date:	February 27, 2025
Basis of Allotment:	February 28, 2025
Refunds:	March 3, 2025
Credit to Demat Account:	March 3, 2025
IPO Listing Date:	March 4, 2025

Nukleus Office Solutions SME IPO Lots

SME IPO Activity	Date
Issue Price	₹234.00
Market Lot:	600 Shares
1 Lot Amount:	₹1,40,400
Min HNI Lots:	1200 shares (2 lots) – ₹2,80,800

Nukleus Office Solutions Limited Financial Information

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	29.37	19.36	7.36	3.27
Revenue	21.36	17.16	10.9	3.42
Profit After Tax	1.51	1.2	0.67	0.11
Net Worth	8.71	4.2	1	0.33
Reserves and Surplus	6.03	1.68	0.84	0.17
Total Borrowing	13.58	8.22	1.83

Swasth Foodtech India Limited was initially established on February 20, 2021. The company specializes in processing rice bran oil from crude oil, which it supplies to oil manufacturers and packers. It produces a variety of rice bran oils in different grades and colors, tailored to meet customer specifications. The business model is designed to market and sell both the final product, rice bran oil, and the residues and by-products generated during the manufacturing process.

The company plans to set up a new packaging unit, which will not only support its own brand but also offer packaging services for third-party brands. This initiative is expected to help the company:

1. Develop its own brand identity and
2. Diversify its product range, thereby strengthening its market presence and business growth.

Swasth Foodtech primarily operates on a business-to-business (B2B) model, supplying processed rice bran oil in tankers to well-known manufacturers and packers. The company mainly sells its products in bulk to clients who either have their own brands or deal in unbranded or bulk edible oils.

The Swasth Foodtech IPO is scheduled to open on February 19, 2025, and will close on February 21, 2025. The price band for the IPO is set at ₹94 per share. The allocation includes a 50% quota for retail investors and a 50% quota for high-net-worth individuals (HNIs), with no quota reserved for qualified institutional buyers (QIBs). The shares are expected to be listed on the BSE by February 27, 2025.

The allotment for the Swasth Foodtech IPO is set for February 24, 2025. Financially, the company saw a significant increase in revenue, reporting ₹133.25 crores in 2024, up from ₹99.90 crores in 2023. Similarly, profits rose to ₹1.93 crores in 2024 from a modest ₹0.03 crores in 2023.

Swasth Foodtech IPO Details

IPO Open Date:	February 19, 2025
IPO Close Date:	February 21, 2025
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹94 Per Share
Issue Size:	Approx ₹14.92 Crores
Fresh Issue:	Approx ₹14.92 Crores
IPO Listing:	BSE SME
Retail Quota:	Not more than 50%
NII Quota:	Not more than 50%

Swasth Foodtech IPO Timeline

IPO Open Date:	February 19, 2025
IPO Close Date:	February 21, 2025
Basis of Allotment:	February 24, 2025
Refunds:	February 25, 2025
Credit to Demat Account:	February 25, 2025
IPO Listing Date:	February 27, 2025

Swasth Foodtech SME IPO Lots

SME IPO Activity	Date
Issue Price	₹94.00
Market Lot:	1,200 Shares
1 Lot Amount:	₹1,12,800
Min HNI Lots:	2400 shares (2 lots) – ₹2,25,600

Swasth Foodtech India Limited: Financial Overview and Key Insights

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	36.91	31.84	30.59	12.65
Revenue	88.63	134.32	99.94	1.23
Profit After Tax	1.83	1.93	0.03	0.01
Net Worth	8.07	6.24	3.03	3
Reserves and Surplus	3.8	1.97	0.04	0.01
Total Borrowing	23.6	23.39	23.82	7.92

Beezaasan Explotech Limited was established in August 2013 and specializes in the manufacturing and supply of a diverse range of explosives and explosive accessories. Its product portfolio primarily includes cartridge explosives such as slurry explosives, emulsion explosives, and detonators. The company has developed products that adhere to the strict standards required by industries like cement, mining, and defense. Its production facilities are equipped with advanced machinery, including KP machines, strapping machines, and PLC controls, ensuring high-quality output.

The IPO of Beezaasan Explotech is scheduled to open on February 21, 2025, and will close on February 25, 2025. The price band for the IPO is set between ₹165 and ₹175 per share. The allocation includes a 35% retail quota, 50% for QIBs, and 15% for HNIs. The shares are expected to be listed on the BSE on March 3, 2025. The allotment date for the IPO is February 27, 2025.

In terms of financial performance, the company reported revenue of ₹187.9 crores in 2024, a decrease from ₹229.17 crores in 2023. However, its profit saw an increase, rising to ₹4.87 crores in 2024 compared to ₹2.94 crores in the previous year.

Beezaasan Explotech IPO Details

IPO Open Date:	February 21, 2025
IPO Close Date:	February 25, 2025
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹165 to ₹175 Per Share
Issue Size:	Approx ₹59.93 Crores
Fresh Issue:	Approx ₹59.93 Crores
IPO Listing:	BSE SME
Retail Quota:	Not more than 35%
QIB Quota:	Not more than 50%
NII Quota:	Not more than 15%

Beezaasan Explotech IPO Timeline

IPO Open Date:	February 21, 2025
IPO Close Date:	February 25, 2025
Basis of Allotment:	February 27, 2025
Refunds:	February 28, 2025
Credit to Demat Account:	February 28, 2025
IPO Listing Date:	March 3, 2025

Beezaasan Explotech SME IPO Lots

SME IPO Activity	Date
Issue Price	₹165.00-175.00
Market Lot:	800 Shares
1 Lot Amount:	₹1,40,000
Min HNI Lots:	1600 shares (2 lots) – ₹2,80,000

Beezaasan Explotech Limited: Financial Performance & Key Metrics

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	82.09	68.99	61.63	42.3
Revenue	101.44	187.9	229.17	141.91
Profit After Tax	8.33	4.87	2.94	2.74
Net Worth	31.12	23.2	14.34	10.45
Reserves and Surplus	21.63	13.7	6.95	3.7
Total Borrowing	39.66	36.94	43.29	23.93