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TCS, HDFCBANK, SBI Liquid Fund (G)
Shree Tirupati Balajee Agro Trading Company Ltd

BALAJEE

Equity

NSE,BSE

Min. Investment

78,000.00

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IPO Details

Bidding Dates

05 Sept 24 - 09 Sept 24

Price Range ₹

78 - 83

Total Equity

169.65Cr

Lot Size

180

Exchange Status

NSE,BSE

IPO Doc

Subscription Rate

Non-Institutional Investor

73.22×

Qualified Institutional Buyers

150.87×

Employees

0.00×

Retail Investors

73.22×

Total subscription Rate

124.74×

IPO Timeline

Offer start

05 Sept 2024

Offer end

09 Sept 2024

Allotment

10 Sept 2024

Refund initiation

11 Sept 2024

Demat transfer

11 Sept 2024

Listing

12 Sept 2024

About Company

Founded in October 2001, Shree Tirupati Balajee Agro Trading Company Limited specializes in manufacturing and selling Flexible Intermediate Bulk Containers (FIBCs) and other industrial packaging products, such as woven sacks, woven fabric, narrow fabric, and tapes, both in the Indian market and internationally. The company provides customized packaging solutions to meet the bulk packaging needs of various industries, including chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oils. Shree Tirupati Balajee operates through its subsidiaries, including Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL), and Jagannath Plastics Private Limited (JPPL), and manages five manufacturing units. Units I and II are certified under ISO 9001:2015 and ISO 14001:2018, while Unit III holds multiple certifications, including ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, ISO 14064-1:2018, and SEDEX SMETA four-pillar. These certifications encompass the production of FIBCs, Woven Sacks, and Polypropylene (PP) and High-Density Polyethylene (HDPE) Fabrics. As of July 2024, the company employs 857 people across its departments.

Year Founded

23-10-2001

Promotor Details

Binod Kumar Agarwal

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage88.380
Share Capital590574900

Offer to Public

2,04,40,000.00 Cr

Highlights

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Challenges

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Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
202451,694.076,682.091,365.901,020.311.7462
202239,188.98114.571,365.901,020.311.7462
202339,245.61115.801,365.901,020.311.7462
202134,904.22114.573,607.272,928.664.3829
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