TGIF Agribusiness
TGIF Agribusiness Info
Details about the TGIF Agribusiness IPO. Opening Date of TGIF Agribusiness is 08 May 24 and Closing Date is 10 May 24 . Face Value of Each share of TGIF Agribusiness is ₹10 per share. Fixed price of TGIF Agribusiness is ₹93. The Lot size of TGIF Agribusiness is 1,200 shares. Total issue size of TGIF Agribusiness IPO is ₹6.39 cr. Fresh Issue of TGIF Agribusiness IPO is 6.39 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of TGIF Agribusiness is 1,900,000. Share Holding Post Issue of TGIF Agribusiness is 2,587,600.
Business Summary
TGIF Agribusiness is primarily a horticulture company engaged in open farming of certain fruits and vegetables.
Company's farm land is spread over an area of over 110 acres and is situated in the vicinity of three villages i.e. Ajari, Kasindra and Kojra, all of which are located in the tehsil of Pindwara, district Sirohi, Rajasthan.
Company have obtained their farm lands on lease basis from Niraj Chhaganraj Gemawat (Promoter), Rachna Niraj Gemawat (Promotor), Niraj Chhaganraj Gemawat HUF and Vipin Moharir.
TGIF Agribusiness IPO Details
| Open Date | 08 May 24 |
|---|---|
| Close Date | 10 May 24 |
| Face Value | ₹10 per shares |
| Price | ₹93 |
| Lot Size | 1,200 Shares |
| Total issue Size | 687,600 Shares ₹6.39 cr |
| Fresh Issue | 687,600 Shares ₹6.39 cr |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,900,000 |
| Share Holding Post Issue | 2,587,600 |
| Market Maker | Hem Finlease |
| Market Maker Portion | 34,800 Shares |
| RHP , DHRP | View RHP, View DRHP |
TGIF Agribusiness IPO Timeline
The TGIF Agribusiness Initial Public Offering (IPO) is set to open on 08 May 24 and will end its subscription phase on 10 May 24. You can check your allotment status for TGIF Agribusiness on 13 May 24. The refund process for your funds will start promptly on 14 May 24. TGIF Agribusiness IPO credit of shares will be on 14 May 24. The listing date for TGIF Agribusiness is on 15 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
TGIF Agribusiness IPO Reservation
The TGIF Agribusiness IPO reserves shares for different investor categories. Approximately 50% of the net offer will be available for NII, 50% of the net offer will be available for Retail,
34,800 Shares will be reserved for subscription by Hem Finlease
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the net offer |
| Retail | 50% of the net offer |
TGIF Agribusiness 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 | 111,600 |
| Retail (Max) | 1 | 1,200 | 111,600 |
| HNI (Min) | 2 | 2,400 | 223,200 |
TGIF Agribusiness IPO Promoters Holding
Promoters holding details for TGIF Agribusiness in the current issue is as follows: The share holding of promoters before the issue stands at 99.8%, and after the issue, it has been adjusted to 73.28%.
Promoters of TGIF Agribusiness are Mr. Niraj Chhaganraj Gemawat, Ms. Rachana Niraj Gemawat,
| Share Holding Pre Issue | 99.8% |
|---|---|
| Share Holding Post Issue | 73.28% |
TGIF Agribusiness Financial Information
Financial performance details for TGIF Agribusiness over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Nov 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 282.32 | 187.52 | 65.33 | 291.62 |
| Revenue | 171.79 | 232.28 | 207.14 | 181.59 |
| Profit After Tax | 81.41 | 130.07 | 115.48 | 38.18 |
TGIF Agribusiness IPO Key Performance Indicator
Key Performance Indicators (KPIs) for TGIF Agribusiness 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 |
|---|---|
| P/E (x) | 13.58 |
| RoNW | 42.85% |
| EPS (Rs) | 6.85 |
Object of the Issue
- • Purchase of agricultural equipment & irrigation system
- • To meet Working Capital requirements
- • General Corporate Purpose
Contact Details for TGIF Agribusiness
Phone
Office
A/52, Fairy Society, 5th Floor, Corporate House, Bodakdev, Ahmedabad - 380054
Registrar Details for TGIF Agribusiness
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Hem Securities Limited