Shree Tirupati Balajee Agro Trading Company
Mainboard₹14,940 / 180 Shares
Shree Tirupati Balajee Agro Trading Company IPO Details
The Shree Tirupati Balajee Agro Trading Company IPO price band is set between ₹78-83 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 5 Sep, 2024 and closes on 9 Sep, 2024. Investors can check the allotment status on 10 Sep, 2024, while the listing date is tentatively scheduled for 12 Sep, 2024.
The total issue size is Total ₹169.65 Cr :#Fresh Issue : 14,750,000 shares, aggregating up to ₹122.43 Cr. Stay tuned for the latest Shree Tirupati Balajee Agro Trading Company IPO review and GMP updates.
Shree Tirupati Balajee Agro Trading Company IPO Review, Rating & Analysis
Shree Tirupati Balajee Agro Trading Company IPO Review
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Shree Tirupati Balajee Agro Trading Company IPO Highlights
IPO Date
Sep 5, 2024 - Sep 9, 2024
Listing Date
12 Sep, 2024
Face Value
₹10 Per Equity Share
Price Band
₹78-83 per equity share
Lot Size
180 Shares
Fresh Issue
14,750,000 Shares
Offer for Sale
5,690,000 shares of ₹10
Listing At
BSE, NSE
Shree Tirupati Balajee Agro Trading Company IPO Lot Size
The minimum market lot for Shree Tirupati Balajee Agro Trading Company IPO is 180 shares with an application amount of ₹14,940. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 180 | ₹14,940 |
| Retail (Max) | 13 | 2340 | ₹1,94,220 |
| S-HNI (Min) | 14 | 2520 | ₹2,09,160 |
| S-HNI (Max) | 66 | 11880 | ₹9,86,040 |
| B-HNI (Min) | 67 | 12060 | ₹10,00,980 |
Shree Tirupati Balajee Agro Trading Company IPO Timeline
Issue Price
₹78-83 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Pnb Investment Services LtdUnistone Capital PrivateLimitedIssue Size
Total ₹169.65 Cr :#Fresh Issue : 14,750,000 shares(aggregating up to ₹122.43 Cr) +
#OFS : 5,690,000 shares of ₹10(aggregating up to ₹47.23 Cr)
Shree Tirupati Balajee Agro Trading Company IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 516.94 | 552.82 | 36.07 | 173.07 | 106.24 | 243.69 |
| 31 Mar 23 | 392.46 | 478.14 | 20.72 | 110.21 | 109.05 | 223.81 |
| 31 Mar 22 | 391.89 | 453.79 | 13.66 | 92.23 | N/A | 240.06 |
All values are in ₹ Cr.
Shree Tirupati Balajee Agro Trading Company IPO Valuations
EPS Pre IPO
₹5.40/-EPS Post IPO
₹4.42/-PE Pre IPO
15.37PE Post IPO
18.77ROE
20.84%ROCE
16.29%Debt Equity
1.41RoNW
20.84%PAT Margin
6.53Price to Book Value
3.01Promoters & Share Holding
Promoter(s) Name
- Binod Kumar Agarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 88.38% | 65.42% |
About Company
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 Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,088,000 | 3,066,000 2,044,000 1,022,000 | 7,154,000 | 14,308,000 |
Day 1 -05-09-24 05:00 PM | 4.46 x | 4.43 3.67 x 5.94 x | 7.76 x | 6.10 x |
Day 2 -06-09-24 05:00 PM | 4.69 x | 28.54 27.82 x 29.99 x | 21.39 x | 18.15 x |
Day 3 -09-09-24 05:00 PM | 150.87 x | 209.38 225.47 x 177.18 x | 69.80 x | 122.88 x |
Retail:64.65x
BHNI:45.22x
SHNI:170.15x times
Company Contact Details
Shree Tirupati Balajee Agro Trading Company
Plot No.192, Sector 1, Pithampur, Dhar - 454775Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: shreetirupatibalajee.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions about Shree Tirupati Balajee Agro Trading Company IPO
When will Shree Tirupati Balajee Agro Trading Company IPO open for subscription?
The Shree Tirupati Balajee Agro Trading Company IPO opens on 5 Sep, 2024 and closes on 9 Sep, 2024.
What is the investors portion for Shree Tirupati Balajee Agro Trading Company IPO?
The investors' portion for QIB is 150.87 x, NII is 225.47 x, and Retail is 69.80 x.
How to apply for Shree Tirupati Balajee Agro Trading Company IPO?
You can apply for Shree Tirupati Balajee Agro Trading Company IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Shree Tirupati Balajee Agro Trading Company IPO?
The issue size of Shree Tirupati Balajee Agro Trading Company IPO is approx ₹Total ₹169.65 Cr :#Fresh Issue : 14,750,000 shares(aggregating up to ₹122.43 Cr) +#OFS : 5,690,000 shares of ₹10(aggregating up to ₹47.23 Cr) crores.
What is the price band of Shree Tirupati Balajee Agro Trading Company IPO?
The price band for Shree Tirupati Balajee Agro Trading Company IPO is ₹78 to ₹83 per equity share.
What is the lot size of Shree Tirupati Balajee Agro Trading Company IPO?
The minimum bid (lot size) for Shree Tirupati Balajee Agro Trading Company IPO is N/A shares with an investment of approx ₹14,940 .
What is the allotment date of Shree Tirupati Balajee Agro Trading Company IPO?
The allotment date for Shree Tirupati Balajee Agro Trading Company IPO is 10 Sep, 2024.
What is the listing date of Shree Tirupati Balajee Agro Trading Company IPO?
The listing date for Shree Tirupati Balajee Agro Trading Company IPO is expected to be 12 Sep, 2024.
What is the GMP of Shree Tirupati Balajee Agro Trading Company IPO?
The latest Grey Market Premium (GMP) for Shree Tirupati Balajee Agro Trading Company IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.