| Company Name | Shree Tirupati Balajee Agro Trading Company Limited |
| Open Date | 05-09-2024 |
| Close Date | 09-09-2024 |
| Exchange | BSE, NSE |
| Lot Size | 180 Shares |
| Issue Price | ₹78 to ₹83 per Share |
| Issue Size | 20,440,000 Shares |
| Application Amount | ₹ 14,940 – ₹ 1,94,220 (180 to 2340 shares) |
| Recommendation | Avoid |
Shree Tirupati Balajee Agro Trading Company Limited was originally formed and incorporated on Oct 23, 2001. The registered office is located at Madhya Pradesh, India. The company is engaged in the business of manufacturing and selling of Flexible Intermediate Bulk Containers (FIBCs) i.e. large flexible bags and other industrial packaging products such as woven sacks, woven fabric and narrow fabric, tapes in the Indian domestic market and overseas. The company had 857 permanent employees as of July 23, 2024.
| For the Period Ended | Mar-22 | Mar-23 | Mar-24 |
| Revenue | 444.18 | 475.43 | 539.66 |
| EBITDA | 30.91 | 48.04 | 61.91 |
| Net Profit | 13.66 | 20.72 | 36.07 |
| RoCE | 12.77% | 21.18% | 21.53% |
| ROE | 14.81% | 18.80% | 20.84% |
| P/E | 35.93 | 23.65 | 14.46 |
| Opening Date | 05/09/2024 |
| Closing Date | 09-09-2024 |
| Basis of Allotment | 10-09-2024 |
| Initiation of Refunds | 11-09-2024 |
| Credit of Shares to Demat | 11-09-2024 |
| Listing Date | 12-09-2024 |
| Repayment and/or prepayment, in part or full of certain of the outstanding borrowings availed by the Company |
| Investment in subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or full of certain of outstanding borrowings availed |
| Funding of Working Capital Requirements |
| Investment in subsidiaries HPPL, STBFL and JPPL for funding working capital requirements. |
| General Corporate Purposes |
| Registered Office | Shree Tirupati Balajee Agro Trading Company Limited Plot No.192, Sector 1 Pithampur Dhar - 454775 |
| Phone | +917314217400 |
| info@tirupatibalajee.net | |
| Website | https://www.tirupatibalajee.net/ |
| Shree Tirupati Balajee Agro Trading Company IPO DRHP |
| Shree Tirupati Balajee Agro Trading Company IPO RHP |
| Name | Link Intime India Private Limited |
| Phone | +91-22-4918 6270 |
| shreetirupatibalajee.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/initial_offer/public-issues.html |
| Anchor Investor Shares Offered | 61,32,000 (30%) |
| QIB Shares Offered | 40,88,000 (20%) |
| NII (HNI) Shares Offered | 30,66,000 (15%) |
| Retail Shares Offered | 71,54,000 (35%) |
| Share Holding Pre Issue (Promoters) | 88.38% |
| Share Holding Post Issue (Promoters) | 65.42% |