Balaji Phosphates’ Rs 50 crore SME IPO will open for public bidding on Friday. The IPO price is set between Rs 66-70 per share, with reservations for institutional, retail, and non-institutional investors. The funds will be used for capital expenditure, working capital, and corporate purposes. Balaji Phosphates’ Rs 50 crore SME IPO will open for public bidding on Friday. The IPO price is set between Rs 66-70 per share, with reservations for institutional, retail, and non-institutional investors. The funds will be used for capital expenditure, working capital, and corporate purposes. Economic Times