14-15 1st Floor, Jaora Compound,??
Jaora Compound, Near Kutumb Nayalay
Madhya Pradesh - 452001
Tel : 0731-2701888
Balaji Phosphates Ltd was incorporated in 1996 by Mr. Manoj Kanodia along with his family members. The company was engaged in the business of manufacturing of Nitrogen, Phosphorus and Potassium (NPK) fertilizers. However, in September 2013, the company was acquired by present directors, Mr Mohit Airen and Mr. Alok Gupta along with their family members with an objective to manufacture Single Super Phosphate (SSP) and Granule Single Super Phosphate (GSSP) along with NPK fertilizers. After takeover of the company, the management of BPPL undertook a project for manufacturing of SSP and GSSP. It completed its project in December 2014 with delay of 6 months due to delay in approval as well as tie-up of funds for project completion. It incurred total cost of Rs.4.80 crore towards the project funded through term loan of Rs.1.63 crore and remaining through promoter?s fund in the form of share capital as well as unsecured loans. The company has installed capacity of 400 Tonnes Per Day (TPD) for manufacturing of SSP and 400 TPD for manufacturing of GSSP/NPK. Before takeover of the company, the installed capacity of NPK was 45000 Metric Tonnes Per Annum (MTPD). It markets its product under the brand-name of ?Ratnam?.