Shree Tirupati Balajee Agro Trading Company IPO
Shree Tirupati Balajee Agro Trading Company IPO is listed on BSE and NSE, priced at ₹78–₹83 per share. The stock debuted at ₹90, delivering a listing gain of 8.4%. The IPO had a lot size of ₹180 shares and a minimum investment of ₹14,940.
Shree Tirupati Balajee Agro Trading Company Limited IPO
- IPO Dates
- Sep 5, 2024 – Sep 9, 2024
- Price band
- ₹78-83 per equity share
- Minimum Investment
- ₹14,940
- Issue size
- ₹169.65 Cr
- Lot size
- 180
- Allotment Date
- Sep 10, 2024
- Listing
- Sep 12, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Sep 5, 2024
Open Date
Completed
-
Sep 9, 2024
Close Date
Completed
-
Sep 10, 2024
Allotment Date
Completed
-
Sep 12, 2024
Listing Date
Completed
Price Summary
- Last closing
- 31.70 (-61.81%)
- 52 week high
- 59.90
- 52 week low
- 21.10
- Last update
Shree Tirupati Balajee Agro Trading Company IPO Essentials
Shree Tirupati Balajee Agro Trading Company IPO Details
Shree Tirupati Balajee Agro Trading Company IPO is priced at ₹78-83 per share with a total issue size of 169.65 crore. The IPO has a lot size of 180 shares and is listed on BSE and NSE.
- Issue price
- ₹78-83 per equity share
- Lot size
- 180 shares
- Face value
- ₹10 Per Equity Share
- Issue 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) - Total issue size
- 2,04,40,000 shares
(aggregating up to ₹169.65 crore) - Fresh issue
- 1,47,50,000 shares
(aggregating up to ₹122.43 crore) - Offer for sale (OFS)
- 56,90,000 shares
(aggregating up to ₹47.23 crore) - Listing at
- BSE, NSE
- List price
- 90.0(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Pnb Investment Services Ltd, Unistone Capital PrivateLimited
Market Lot Size
Investors can bid for a minimum of 180 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 180 | ₹14,940 |
| Retail(max) | 13 | 2340 | ₹1,94,220 |
Shree Tirupati Balajee Agro Trading Company IPO Reservation
Shree Tirupati Balajee Agro Trading Company IPO reservation details show category-wise allocation of shares. Out of the total 2,04,40,000 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 61,32,000 (30%) | |
| QIB Shares Offered | 40,88,000 (20%) | |
| NII (HNI) Shares Offered | 30,66,000 (15%) | |
| bHNI > ₹10L | 20,44,000 (10%) | 811 |
| sHNI < ₹10L | 10,22,000 (5%) | 405 |
| Retail Shares Offered | 71,54,000 (35%) | 39,744 |
| Total Shares Offered | 2,04,40,000 (100%) |
Shree Tirupati Balajee Agro Trading Company IPO Analytics
Shree Tirupati Balajee Agro Trading Company IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Shree Tirupati Balajee Agro Trading Company IPO Subscription Status
Shree Tirupati Balajee Agro Trading Company IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
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 |
4.43x
3.67x
5.94x
|
7.76 x | 6.10 x |
|
Day 2
06-09-24 05:00 PM
|
4.69 x |
28.54x
27.82x
29.99x
|
21.39 x | 18.15 x |
|
Day 3
09-09-24 05:00 PM
|
150.87 x |
209.38x
225.47x
177.18x
|
69.80 x | 122.88 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 26,51,702 (Approx) | —x | —x | 64.65x |
Shree Tirupati Balajee Agro Trading Company Valuations
Earnings
- EPS Pre IPO
- ₹5.40/-
- EPS Post IPO
- ₹4.42/-
- P/E Pre IPO
- 15.37
- P/E Post IPO
- 18.77
Returns
- ROE
- 20.84%
- ROCE
- 16.29%
- RoNW
- 20.84%
- PAT Margin
- 6.53
Fundamentals
- Debt / Equity
- 1.41
- Price / Book
- 3.01
Shree Tirupati Balajee Agro Trading Company Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 516.94 | 392.46 | 391.89 |
| Revenue | 552.82 | 478.14 | 453.79 |
| Profit After Tax | 36.07 | 20.72 | 13.66 |
| Net Worth | 173.07 | 110.21 | 92.23 |
| Reserves & Surplus | 106.24 | 109.05 | N/A |
| Total Borrowing | 243.69 | 223.81 | 240.06 |
Shree Tirupati Balajee Agro Trading Company Company & Offer Insights
About Shree Tirupati Balajee Agro Trading 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 Promoter(s)
Binod Kumar Agarwal are the company's promoters of Shree Tirupati Balajee Agro Trading Company.
Shree Tirupati Balajee Agro Trading Company IPO Issue Objectives
- •
- 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
- •
- General corporate purposes.
Shree Tirupati Balajee Agro Trading Company IPO - Anchor Investors
Shree Tirupati Balajee Agro raises Rs 51 crore via anchor book.
Investors NAV Capital Emerging Star Fund, Chanakaya Opportunities Fund I, and Next Orbit Growth Fund III invested Rs 10 crore each in the company.
Other investors that participated in the anchor book were Saint Capital Fund, Steptrade Revolution Fund, and Astrone Capital VCC - Arven, who bought Rs 20.9 crore worth of shares.
Shree Tirupati Balajee Agro Trading Company IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Shree Tirupati Balajee Agro Trading Company Limited | 5.74 | 5.74 | 27.54 | N/A | 20.84 | N/A | Consolidated |
| Commercial Syn Bags Ltd | 1.81 | 1.81 | 32.02 | 37.13 | 5.66 | N/A | N/A |
| Emmbi Industries Ltd | 5.62 | 5.62 | 96.17 | 22.07 | 5.85 | N/A | N/A |
| Rishi Techtex Ltd. | 1.82 | 1.82 | 43.09 | 33.01 | 4.23 | N/A | N/A |
Notes:
- P/E figures for the peers are based on closing market prices of equity shares on BSE on March 31, 2024, divided by the Diluted EPS as of August 30, 2024, divided by the Basic EPS as of March 31, 2024.
- Basic Earnings per share = Net profit after tax, as restated / Weighted average number of shares outstanding during the year/period.
- Diluted Earnings per share = Net profit after tax, as restated / Weighted average number of diluted equity shares outstanding during the year/period.
- Return on Net Worth (%) for listed industry peers has been computed based on the Profit for the year ended March 31, 2024 divided by Total Equity as on March 31, 2024.
- Net Asset Value (in Rs) = Equity attributable to owners of the Company divided by weighted average numbers of equity shares outstanding during the year/period.
Shree Tirupati Balajee Agro Trading Company IPO - Strengths and Risks
Shree Tirupati Balajee Agro Trading Company IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Shree Tirupati Balajee Agro Trading Company
+917314217400
https://www.tirupatibalajee.net/
Plot No.192, Sector 1, Pithampur, Dhar - 454775
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Shree Tirupati Balajee Agro Trading Company IPO is a book-built IPO worth ₹169.65 crore. The price band is ₹78–₹83 per share. The IPO opens on Sep 5, 2024 and closes on Sep 9, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Shree Tirupati Balajee Agro Trading Company IPO is ₹78 to ₹83 per share.
The lot size of Shree Tirupati Balajee Agro Trading Company IPO is 180 shares.
The minimum investment for Shree Tirupati Balajee Agro Trading Company IPO is approximately ₹14,940 based on the upper price band .
Shree Tirupati Balajee Agro Trading Company IPO opens on Sep 5, 2024 and closes on Sep 9, 2024.
The allotment date of Shree Tirupati Balajee Agro Trading Company IPO is Sep 10, 2024.
Shree Tirupati Balajee Agro Trading Company IPO is expected to be listed on Sep 12, 2024, on BSE and NSE .
Shree Tirupati Balajee Agro Trading Company IPO listed on Sep 12, 2024. It was issued at ₹90.0(NSE) and is currently around ₹31.70 as on 14-May-2026 3:30 PM, which is approximately -61.8% versus issue price. The 52-week high is ₹59.90.
Based on listing and post-listing performance, Shree Tirupati Balajee Agro Trading Company IPO delivered around -61.8% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Shree Tirupati Balajee Agro Trading Company IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Shree Tirupati Balajee Agro Trading Company IPO valuation snapshot: P/E 18.77, EPS ₹4.42/-, P/B 3.01, RoNW 20.84%, and market cap N/A.
To apply for Shree Tirupati Balajee Agro Trading Company IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Shree Tirupati Balajee Agro Trading Company IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Shree Tirupati Balajee Agro Trading Company IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Shree Tirupati Balajee Agro Trading Company IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Shree Tirupati Balajee Agro Trading Company IPO allotment status on IPO Ji for quick and easy access.