New Delhi, Feb. 28 -- Balaji Phosphates Ltd has launched its IPO for subscription today (February 28, which is a Friday) and will remain open until Tuesday, March 4. The price band for Balaji Phosphates IPO has been set between Rs.66 and Rs.70 per equity share with a face value of Rs.10 each. A minimum bid can be made for 2,000 equity shares, with subsequent bids in multiples of 2,000 shares.

The equity share allocation is structured as follows: the QIB Anchor Portion has been allocated a maximum of 12,24,000 equity shares; Qualified Institutional Buyers will be entitled to up to 8,16,000 equity shares; Non-Institutional Investors will secure at least 20,40,000 equity shares; Retail Individual Investors are guaranteed no fewer than 27,20...