Shree Tirupati Balajee Agro Trading Company Limited (MAINBOARD)
Sep 5, 2024 - Sep 9, 2024
| Price | ₹78 - ₹83 |
| Premium | ₹27 |
|---|---|
| Lot size | 180 |
| Allotment | Sep 10, 2024 |
| Listing | Sep 12, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 180 | 14940 | 39744 |
| sHNI | 14 | 2520 | 209160 | 406 |
| bHNI | 67 | 12060 | 1000980 | 811 |
Last updated on 09-Sep-2024 19:56:06
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 4088000 | 616776120 | 150.87 |
| HNIs | 3066000 | 644234940 | 210.12 |
| HNIs 10+ | 2044000 | 460865340 | 225.47 |
| HNIs 2+ | 1022000 | 183369600 | 179.42 |
| Retail | 7154000 | 523840500 | 73.22 |
| Total | 14308000 | 1784851560 | 124.75 |
Application Wise Breakup (Approx) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 811 | 36675 | 45.22 |
| HNIs (2-10L) | 406 | 69450 | 171.06 |
| Retail | 39744 | 2634188 | 66.28 |
| Total Applications: 2740313 | |||
| © IPO Premium | |||
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 33.93 | 5119.24 | 150.87 |
| FIIs | - | 921.46 | - |
| DIIs | - | 2214.21 | - |
| Mutual funds | - | 0.08 | - |
| Others | - | 1834.73 | - |
| HNIs | 25.45 | 5347.15 | 210.12 |
| HNIs 10+ | 16.97 | 3825.18 | 225.47 |
| HNIs 2+ | 8.48 | 1521.97 | 179.42 |
| Retail | 59.38 | 4347.88 | 73.22 |
| Total | 118.76 | 14814.27 | 124.75 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹16.81 | @8% ₹19.21 | @9% ₹21.61 | @10% ₹24.02 | @11% ₹26.42 | @12% ₹28.82 |
About
Shree Tirupati Balajee IPO Details
| Issue Size | 20,440,000 shares (aggregating up to ₹169.65 Cr) |
| Fresh Issue | 14,750,000 shares (aggregating up to ₹122.43 Cr) |
| Offer for Sale | 5,690,000 shares of ₹10 (aggregating up to ₹47.23 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 66,820,852 |
| Share holding post issue | 81,570,852 |
Shree Tirupati Balajee IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 20.84% | 18.80% | 14.81% |
| ROCE | 16.29% | 13.39% | 10.02% |
| RONW | 5.74% | 3.51% | 2.31% |
| D/E | 1.41 | 2.03 | 2.6 |
| EPS (basic) | 5.74 | 3.51 | 2.31 |
| P/E Pre IPO | 15.37 | ||
| P/E Post IPO | 18.77 |
Company Financials
Shree Tirupati Balajee Agro Trading Company Limited Financial Information (Restated Consolidated)
Shree Tirupati Balajee Agro Trading Company Limited's revenue increased by 16% and profit after tax (PAT) rose by 74% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 516.94 | 392.46 | 391.89 | |||||||||||||||||||||||||||
| Revenue | 552.82 | 478.14 | 453.79 | |||||||||||||||||||||||||||
| Profit | 36.07 | 20.72 | 13.66 | |||||||||||||||||||||||||||
| Net Worth | 173.07 | 110.21 | 92.23 | |||||||||||||||||||||||||||
| Reserves | 106.24 | 109.05 | ||||||||||||||||||||||||||||
| Borrowing | 243.69 | 223.81 | 240.06 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
About Company
Established in October 2001, Shree Tirupati Balajee Agro Trading Company Limited is a prominent manufacturer and supplier of Flexible Intermediate Bulk Containers (FIBCs) and various industrial packaging products such as woven sacks, woven fabric, narrow fabric, and tapes. Catering to diverse industries including chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oil, the company offers tailored solutions to meet bulk packaging needs. It operates through subsidiaries—Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL), and Jagannath Plastics Private Limited (JPPL)—across five manufacturing units. Units I and II are certified with ISO 9001:2015 and ISO 14001:2018, while Unit III holds additional certifications including ISO 45001:2018, ISO 14064-1:2018, and SEDEX SMETA four-pillar. The company’s robust quality assurance is complemented by a workforce of 857 employees as of July 2024, emphasizing its commitment to quality and sustainable practices in the production of FIBC, woven sacks, and PP/HDPE fabrics.
Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: shreetirupatibalajee.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Phone: +91-22-4918 6270
Email: shreetirupatibalajee.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html