Shree Tirupati Balajee Agro IPO

Shree Tirupati Balajee Agro Trading Co. Ltd

₹14,040 /180 sharesMinimum Investment

Shree Tirupati Balajee Agro IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹83.00₹90.00₹7.00 (8.43%)

Shree Tirupati Balajee Agro IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
5 Sep ‘24 - 9 Sep ‘24₹14,040180₹78 - ₹83
Issue SizeIPO Doc
169.65Cr
RHP PDF

Subscription rate

As of 09 Sep'24, 06:00 PM
Qualified Institutional Buyers150.87x
Non-Institutional Investor209.88x
Retail Individual Investor71.68x
Total123.92x

About Shree Tirupati Balajee Agro

Shree Tirupati Balajee is a producer and distributor of flexible intermediate bulk containers (FIBCs) and other industrial packaging products, including woven sacks, woven fabric, narrow fabric, and tapes. The company caters to the domestic market and international clients. The company’s products are designed to meet the specific bulk packaging needs of various industries like chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oils.;
Founded in
2001
Managing director
Mr. Binod Kumar Agarwal
Parent organisation
Shree Tirupati Balajee Agro Trading Co. Ltd

Strengths & Financials of Shree Tirupati Balajee Agro

Strengths
Risks
The company's manufacturing units I and II are ISO 9001:2015 certified for quality management systems and ISO 22000:2018 certified for food safety management systems. Unit III holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 22000:2018, and SEDEX SMETA four-pillar certifications.
The company's products are sold pan-India and exported to 38 countries.
Shree Tirupati Balajee performs various strength tests, including tensile testing, UV testing, surface resistibility testing in Type C, rig testing for the performance of FIBC bags, and drop testing.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 444.18 crore in FY22 to Rs 475.43 crore in FY23 to Rs 539.66 crore in FY24. PAT increased from Rs 13.66 crore in FY22 to Rs 20.72 crore in FY23 to Rs 36.07 crore in FY24.

Shree Tirupati Balajee Agro Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Shree Tirupati Balajee Agro IPO

Apply asPrice bandApply upto
Regular78 - 83₹2 Lakh
High Networth Individual78 - 83₹2 - 5 Lakh
For Shree Tirupati Balajee Agro IPO, eligible investors can apply as Regular.
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