| IPO Date | September 5, 2024 to September 9, 2024 |
| Listing Date | September 12, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 78 to ₹ 83 / Share |
| Lot Size | 1 Shares |
| Total Issue Size | 169.65 (Aggregating up to ₹170.00Cr) |
| Fresh Issue | 122.43 (Aggregating up to ₹122.00 Cr) |
| Offer for Sale | 5,690,000 Shares (Aggregating up to 5,690,000 ) |
| Employee Discount | |
| Issue Type | Book Built Issue |
| Listing At | BSE & NSE |
| Share holding pre issue | 6,68,20,852 |
| Share holding post issue | 8,15,70,852 |
| Market Maker portion |
Shree Tirupati Limited IPO opens on September 5, 2024, and closes on September 9, 2024.
| IPO Open Date | September 5, 2024 |
| IPO Close Date | September 9, 2024 |
| Basis of Allotment | September 10, 2024 |
| Initiation of Refunds | September 11, 2024 |
| Credit of Shares to Demat | September 11, 2024 |
| Listing Date | September 12, 2024 |
| Cut-off time for UPI mandate confirmation | -- |
Investors can bid for a minimum of 180 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1 | Rs.83 |
| Retail (Max) | 13 | 13 | Rs.1,079 |
| S-HNI (Min) | 14 | 14 | Rs.1,162 |
| S-HNI (Max) | 66 | 66 | Rs.5,478 |
| B-HNI (Min) | 67 | 67 | Rs.5,561 |
| HNI (Min) |
| Share Holding Pre Issue | 6,68,20,852 |
| Share Holding Post Issue | 8,15,70,852 |
Shree Tirupati Balajee Agro IPO comprises a total issue size of 2,04,40,000 shares. Out of which, 1,02,20,000 (50.00%) are allocated to QIB, 30,66,000 (15.00%) allocated to NII 71,54,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 61,32,000 30.00% |
NA |
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 1,02,20,000 50.00% |
NA |
| NII (HNI) Shares Offered | 30,66,000 15.00% |
NA |
| bNII > ₹10L | 20,44,000 10.00% |
811 |
| sNII < ₹10L | 10,22,000 5.00% |
405 |
| Retail Shares Offered | 71,54,000 35.00% |
39,744 |
| Employee Shares Offered | |
|
| Total Shares Offered | 2,04,40,000 100.00% |
Shree Tirupati Balajee Agro IPO raises ₹50.90 crore from anchor investors. Shree Tirupati Balajee Agro IPO Anchor bid date is September 4, 2024.
| Bid Date | 2024-09-04 |
| Shares Offered | 61,32,000 |
| Anchor Portion Size (In Cr.) | 50.90 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 9, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 8, 2024 |
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).
| KPI | Values |
|---|---|
| ROE | 20.84% |
| ROCE | 16.29% |
| Debt/Equity | 1.41 |
| RoNW | 20.84% |
| P/BV | 3.01 |
| PAT Margin (%) | 6.53% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.40 | 4.42 |
| P/E (x) | 15.37 | 18.77 |
Shree Tirupati Balajee Agro Trading Co.Ltd. Address Plot No.192, Sector 1 Pithampur Dhar, Madhya Pradesh, 454775
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