TBI Corn
TBI Corn Info
Details about the TBI Corn IPO. Opening Date of TBI Corn is 31 May 24 and Closing Date is 04 Jun 24 . Face Value of Each share of TBI Corn is ₹10 per share. Price band of TBI Corn is ₹90 to ₹94. The Lot size of TBI Corn is 1,200 shares. Total issue size of TBI Corn IPO is ₹44.94 cr. Fresh Issue of TBI Corn IPO is 44.94 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of TBI Corn is 13,377,605. Share Holding Post Issue of TBI Corn is 18,158,456.
Business Summary
TBI Corn offers a diverse range of products, including cleaned and fat-free Corn Grits/Meal, Corn Flakes, Stone-free Broken Maize & Corn Flour and Turmeric Finger, all manufactured without chemical additives or preservatives and GMO-free.
Company have successfully expanded into international markets, serving countries in the Gulf, Sri Lanka, Malaysia, Brunei, Vietnam, South Korea, and soon, Europe and the US.
Company have multiple units in MIDC Miraj, occupying a total area of 15,812 SQMT (1,70,200 Sq. ft.) and equipped with modern machinery.
TBI Corn IPO Details
| Open Date | 31 May 24 |
|---|---|
| Close Date | 04 Jun 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹90 - ₹94 |
| Lot Size | 1,200 Shares |
| Total issue Size | 4,780,851 Shares ₹44.94 cr |
| Fresh Issue | 4,780,851 Shares ₹44.94 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 13,377,605 |
| Share Holding Post Issue | 18,158,456 |
| RHP , DHRP | View RHP, View DRHP |
TBI Corn IPO Timeline
The TBI Corn Initial Public Offering (IPO) is set to open on 31 May 24 and will end its subscription phase on 04 Jun 24. You can check your allotment status for TBI Corn on 05 Jun 24. The refund process for your funds will start promptly on 06 Jun 24. TBI Corn IPO credit of shares will be on 06 Jun 24. The listing date for TBI Corn is on 07 Jun 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
TBI Corn IPO Reservation
The TBI Corn IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
TBI Corn IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 112,800 |
| Retail (Max) | 1 | 1,200 | 112,800 |
| HNI (Min) | 2 | 2,400 | 225,600 |
TBI Corn IPO Promoters Holding
Promoters holding details for TBI Corn in the current issue is as follows: The share holding of promoters before the issue stands at 76.65%, and after the issue, it has been adjusted to 57.71%.
Promoters of TBI Corn are Mr. Yogesh Laxman Rajhans, Mrs. Asha Laxman Rajhans,
| Share Holding Pre Issue | 76.65% |
|---|---|
| Share Holding Post Issue | 57.71% |
TBI Corn Financial Information
Financial performance details for TBI Corn over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 9,963.4 | 12,162.04 | 4,317.63 | 4,254.86 |
| Revenue | 7,120.28 | 14,042.63 | 10,097.26 | 6,776.38 |
| Profit After Tax | 666.75 | 686.09 | 45.16 | 23.93 |
TBI Corn IPO Key Performance Indicator
Key Performance Indicators (KPIs) for TBI Corn are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| EPS (Rs) | 35.31 |
Object of the Issue
- • Expansion of Existing Unit
- • To Meet Incremental Working Capital Requirement
- • General Corporate Purpose
Contact Details for TBI Corn
Phone
Office
A5/3 & A5/4, MIDC, Miraj, Tal- Miraj Dist- Sangli 416410
Registrar Details for TBI Corn
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial District Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032 Telangana, India
Lead Manager
- • Swastika Investmart Ltd
- • Ekadrisht Capital Private Limited