Shree Tirupati Balajee Agro Trading Company Limited
Shree Tirupati Balajee Agro Trading Company Limited(BALAJEE)
Total Shares
2,04,40,000
Issue Size
₹169.65 Cr
Price Band
₹78 – ₹83
Lot Size
180 shares
Min. Investment
₹14,940
Max. Investment
₹14,940
Open Date
05 Sep, 2024
Close Date
09 Sep, 2024
Allotment
10 Sep, 2024
Listing
12 Sep, 2024
Max. Investment
₹14,940
Announced
05 Sep, 2024
Opening Date
05 Sep, 2024
Closing Date
09 Sep, 2024
Basis of Allotment
10 Sep, 2024
Initiation of Refunds
11 Sep, 2024
Credit of Shares
11 Sep, 2024
Listing Date
12 Sep, 2024
Live GMP
Est. Listing: ₹113
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About Shree Tirupati Balajee Agro Trading Company Limited IPO
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, was
Shree Tirupati Balajee Agro Trading Company Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 22.1% increase in shares
Shree Tirupati Balajee Agro Trading Company Limited IPO Financials Health
Shree Tirupati Balajee Agro Trading Company Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| SHNI Maximum | 66 | 11880 | ₹9,86,040 |
| BHNI Minimum | 67 | 12060 | ₹10,00,980 |
| Retail Minimum | 1 | 180 | ₹14,940 |
| Retail Maximum | 13 | 2340 | ₹1,94,220 |
| SHNI Minimum | 14 | 2520 | ₹2,09,160 |
(All values in CR)
Shree Tirupati Balajee Agro Trading Company Limited IPO Valuation
| Metric | Value |
|---|---|
| Debt/Equity | 1.41 |
| EPS Post IPO | 4.42 |
| EPS Pre IPO | 5.4 |
| P/BV | 3.01 |
| P/E Post IPO | 18.77 |
| P/E Pre IPO | 15.37 |
| PAT Margin (%) | 6.53 |
| ROCE | 16.29% |
| ROE | 20.84% |
| RoNW | 20.84% |
(All values in CR)
Shree Tirupati Balajee Agro Trading Company Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 61,32,000 | 61,32,000 | 50.9 |
| BHNI (10L+) | 225.47 | 20,44,000 | 46,08,65,340 | 3 |
| HNI | 210.12 | 30,66,000 | 64,42,22,340 | 5 |
| QIB | 150.87 | 40,88,000 | 61,67,76,120 | 5 |
| Retail | 73.22 | 71,54,000 | 52,38,32,580 | 4 |
| SHNI (2L - 10L) | 179.41 | 10,22,000 | 18,33,57,000 | 1 |
| Total | 124.74 | 1,43,08,000 | 1,78,48,31,040 | 14 |
Shree Tirupati Balajee Agro Trading Company Limited IPO GMP
Last updated 05 Sep, 2024 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 05 Sep, 2024 | 83 | ₹30▼ | 4100/57400 | ₹113 (36.14%) | - | 05 Sep, 2024 |
| 06 Sep, 2024 | 83 | ₹35▼ | 4800/67200 | ₹118 (42.17%) | - | 06 Sep, 2024 |
| 09 Sep, 2024 | 83 | ₹40▲ | 5500/77000 | ₹123 (48.19%) | - | 09 Sep, 2024 |
| 10 Sep, 2024 | 83 | ₹39▲ | 5300/74200 | ₹122 (46.99%) | - | 10 Sep, 2024 |
| 11 Sep, 2024 | 83 | ₹28▲ | 3800/53200 | ₹111 (33.73%) | - | 11 Sep, 2024 |
| 12 Sep, 2024 | 83 | ₹27 | 3700/51800 | ₹110 (32.53%) | - | 12 Sep, 2024 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Shree Tirupati Balajee Agro Trading Company Limited IPO
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Find Shree Tirupati Balajee Agro Trading Company Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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