Shree Tirupati Balajee Agro Trading IPO Details
IPO Open Date: | September 5, 2024 |
IPO Close Date: | September 9, 2024 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹78 to ₹83 Per Share |
Issue Size: | Approx ₹169.65 Crores |
Fresh Issue: | Approx ₹122.43 Crores |
Offer for Sale: | Approx 5,690,000 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Shree Tirupati Balajee Agro Trading IPO Market Lot
The Shree Tirupati Balajee Agro Trading IPO minimum market lot is 180 shares with ₹14,940 application amount. The retail investors can apply up-to 13 lots with 2340 shares or ₹194,220 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 180 | ₹14,940 |
Retail Maximum | 13 | 2340 | ₹194,220 |
S-HNI Minimum | 14 | 2,520 | ₹209,160 |
B-HNI Minimum | 67 | 12,060 | ₹1,000,980 |
Shree Tirupati Balajee Agro Trading IPO Dates
The Shree Tirupati Balajee Agro Trading IPO date is September 5, 2024 and the close date is September 9, 2024. The Shree Tirupati Balajee Agro Trading IPO allotment will be finalized on September 10, 2024 and the IPO listing on September 12, 2024.
IPO Open Date: | September 5, 2024 |
IPO Close Date: | September 9, 2024 |
Basis of Allotment: | September 10, 2024 |
Refunds: | September 11, 2024 |
Credit to Demat Account: | September 11, 2024 |
IPO Listing Date: | September 12, 2024 |
Promoters of Shree Tirupati Balajee Agro Trading
The promoters of the company are Binod Kumar Agarwal.
About Shree Tirupati Balajee Agro Trading
Shree Tirupati Balajee Agro Trading Company Limited (STB) is one of the largest producers and retailers of FIBC (Flexible Intermediate Bulk Containers) in the Indian market. It is recognized as one of the quickest expanding exporters across the globe. The company specializes in different types of FIBC bags, woven bags, as well as container liners that serve diverse products such as foods, chemicals, and minerals.
STB has over 20 years of experience and is committed to providing high-quality products to customers around the world. The company has a patent granted to a specialized fabric called “Aeropolymesh”. It has subsidiaries like Honourable Packaging Private Limited, Shree Tirupati Balajee FIBC Limited, and Jagannath Plastics Private Limited.
Shree Tirupati Balajee Agro Trading Company Financial Report
The company reported revenue of ₹552.82 crores in 2024 against ₹478.14 crores in 2023. The company reported a profit of ₹36.07 crores in 2024 against a profit of ₹20.72 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹453.79 | ₹436.45 | ₹13.66 | ₹391.89 |
2023 | ₹478.14 | ₹451.03 | ₹20.72 | ₹392.46 |
2024 | ₹552.82 | ₹505.38 | ₹36.07 | ₹516.94 |
Shree Tirupati Balajee Agro Trading IPO Valuation – FY2024
Check Shree Tirupati Balajee Agro Trading IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 20.84% |
ROCE: | 16.29% |
EBITDA Margin: | 13.58% |
PAT Margin: | 6.53% |
Debt to equity ratio: | 1.41 |
Earning Per Share (EPS): | ₹5.74 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 20.84% |
Net Asset Value (NAV): | ₹27.54 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Commercial Syn Bags Ltd | 1.81 | 37.13 | 5.66 | 32.02 | 288.76 Cr. |
Emmbi Industries Limited | 5.62 | 22.07 | 5.85 | 96.17 | 377.60 Cr. |
Rishi Techtex Limited | 1.82 | 33.01 | 4.23 | 43.09 | 111.96 Cr. |
Objects of the Issue
- Repayment and/or prepayment, in part or full, of certain of the outstanding borrowings availed by the Company.
- Investment in the subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or whole, of certain outstanding borrowings availed
- Funding the incremental working capital requirements of the company;
- Investment in the subsidiaries HPPL, STBFL and JPPL for funding working capital requirements and
- General corporate purposes.
Shree Tirupati Balajee Agro Trading IPO Review
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Shree Tirupati Balajee Agro Trading IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
IPO Lead Managers aka Merchant Bankers
- Pnb Investment Services Ltd
- Unistone Capital Pvt Ltd
Company Address
Shree Tirupati Balajee Agro Trading Limited
Plot No.192, Sector 1
Pithampur
Dhar-454775
Phone: +917314217400
Email: [email protected]
Website: https://www.tirupatibalajee.net/
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One Response
Ipo me hamne 5 lot kharide the lekin ham ko 1 hi lot mila hai yesa kio hota hai