About Balaji Phosphates Limited
Balaji Phosphates Limited, founded in 1996, is a leading Indian producer of phosphate fertilizers based in Indore, Madhya Pradesh. Started by Mr Manoj Kanodia, it was later taken over by Mr Mohit Airen and Mr Alok Gupta in 2013, who diversified its operations into the manufacturing of Single Super Phosphate (SSP), Granulated SSP, NPK Mixed Fertilizers, and Zinc Sulphate. Based out of a state-of-the-art facility in Dewas, Madhya Pradesh, the company has an annual capacity of 120,000 MT of SSP and 3,300 MT of Zinc Sulphate as of March 2024. Its products, sold under the 'RATNAM' and 'BPPL' brands, are India's Fertilizer Control Order compliant and reach farmers through retailers, wholesalers, and cooperatives in Madhya Pradesh, Chhattisgarh, Maharashtra, Andhra Pradesh, and Telangana.With over 40 employees and a strategic position, Balaji Phosphates helps to improve soil fertility and crop yield, sustaining India's farming industry. Its impending IPO, opening on February 28, 2025, seeks to raise Rs 50.11 crore.
