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Shree Tirupati Balajee Agro Trading Company Limited IPO (Shree Tirupati Balajee Agro Trading Company IPO) Details
Shree Tirupati Balajee Agro Trading Company Limited
Shree Tirupati Balajee Agro Trading Company IPO's overview
Shree Tirupati Balajee Agro Trading Company IPO is a book built issue of ₹169.65 Cr (1,69,65,20,000). The issue is a combination of fresh issue of 1.48 Cr (1,47,50,000) shares aggregating to ₹122.42 Cr (1,22,42,50,000) and offer for sale of 56.90 Lakh (56,90,000) shares aggregating to ₹47.23 Cr (47,22,70,000).
Shree Tirupati Balajee Agro Trading Company IPO bidding started from Sep 05, 2024 and ended on Sep 09, 2024. The allotment for Shree Tirupati Balajee Agro Trading Company IPO was finalized on Sep 10, 2024. The shares got listed on BSE on Sep 12, 2024.
Shree Tirupati Balajee Agro Trading Company IPO price band is set at ₹78 to ₹83 per share. The minimum lot size for an application is 180 Shares. The minimum amount of investment required by retail investors is ₹14,040.
Refer to Shree Tirupati Balajee Agro Trading Company IPO RHP for detailed information.
IPO date
Sep 05,2024 - Sep 09,2024
Listing Date
Sep 12,2024
Face value
₹10
Price Band
₹78 to ₹83 per share
Lot
₹180 Shares
Total Issue Size
2.04 Cr (2,04,40,000)
aggregating up to ₹169.65 Cr (1,69,65,20,000)
Fresh Issue
1.48 Cr (1,47,50,000)
aggregating up to ₹122.42 Cr (1,22,42,50,000)
Offer for sale
56.90 Lakh (56,90,000)
aggregating up to ₹47.23 Cr (47,22,70,000)
Issue Type
Book Building
IPO Type
SMEListing At
BSE
Thu, Sep 05, 2024
IPO Open
Mon, Sep 09, 2024
IPO Close
Tue, Sep 10, 2024
Basis of Allotment
Wed, Sep 11, 2024
Initiation of Refunds
Wed, Sep 11, 2024
Credit of Shares to Demat
Thu, Sep 12, 2024
Listing
Shree Tirupati Balajee Agro Trading Company IPO Day-wise IPO GMP Trend
Shree Tirupati Balajee Agro Trading Company IPO last GMP is ₹25, last updated Sep 11,2024. With the price band of 83.00, Shree Tirupati Balajee Agro Trading Company IPO's estimated listing price is ₹108 (cap price + today's GMP).The expected percentage gain/loss per share is 30.12%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 11-Sep-24 | 83.00 | 25 | 108(30.12%) | 11-Sep-2024 16:24 |
| 10-Sep-24 | 83.00 | 28 | 111(33.73%) | 10-Sep-2024 23:26 |
| 09-Sep-24 | 83.00 | 39 | 122(46.99%) | 9-Sep-2024 23:29 |
| 08-Sep-24 | 83.00 | 40 | 123(48.19%) | 8-Sep-2024 23:25 |
| 07-Sep-24 | 83.00 | 40 | 123(48.19%) | 7-Sep-2024 23:25 |
| 06-Sep-24 | 83.00 | 40 | 123(48.19%) | 6-Sep-2024 23:32 |
| 05-Sep-24 | 83.00 | 35 | 118(42.17%) | 5-Sep-2024 23:27 |
| 04-Sep-24 | 83.00 | 25 | 108(30.12%) | 4-Sep-2024 23:27 |
| 03-Sep-24 | 83.00 | 16 | 99(19.28%) | 3-Sep-2024 23:28 |
| 02-Sep-24 | 83.00 | 8 | 91(9.64%) | 2-Sep-2024 23:25 |
Shree Tirupati Balajee Agro Trading Company IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 180 | ₹14,940 |
Retail(Max) | 1 | 180 | ₹14,940 |
SHNI(Min) | 13 | 2,340 | ₹1.94 Lakh (1,94,220) |
SHNI(Max) | 14 | 2,520 | ₹2.09 Lakh (2,09,160) |
BHNI(Min) | 66 | 11,880 | ₹9.86 Lakh (9,86,040) |
BHNI(Max) | 67 | 12,060 | ₹10.01 Lakh (10,00,980) |
About Shree Tirupati Balajee Agro Trading Company Limited
Established in October 2001, Shree Tirupati Balajee Agro Trading Company Limited manufactures and sells Flexible Intermediate Bulk Containers (FIBCs), i.e., large flexible bags, and other industrial packaging products such as woven sacks, woven fabric, narrow fabric, and tapes in the Indian domestic market and overseas.
The company offers customized products and caters to the bulk packaging needs of clients from various industries, including chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oil.
The company operates through subsidiaries such as Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL), and Jagannath Plastics Private Limited (JPPL).
The company operates five manufacturing units. Units I and II are certified with ISO 9001:2015 and ISO 14001:2018. Unit III is certified with ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, ISO 14064-1:2018, and the SEDEX SMETA four-pillar. The company's certifications cover the production of Flexible Intermediate Bulk Containers (FIBC), Woven Sacks, and Fabrics of PP (Polypropylene) and HDPE (High-Density Polyethylene).
As of July 2024, the company has 857 department employees.
Shree Tirupati Balajee Agro Trading Company IPO's documents
Shree Tirupati Balajee Agro Trading Company Limited Contact Details
Shree Tirupati Balajee Agro Trading Company Limited
Plot No.192, Sector 1
Pithampur
Dhar - 454775
Phone: +917314217400
Email: [email protected]
Website: https://www.tirupatibalajee.net/
Shree Tirupati Balajee Agro Trading Company IPO's Promoters
The promoter of the company is Binod Kumar Agarwal.