Shree Tirupati Balajee

Shree Tirupati Balajee Agro Trading Company Limited - IPO

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Shree Tirupati Balajee Stock Price

46.66 A2ZIPO
0.40 (0.86%)
16 May, 2025 12:14:54 PM | All Prices in ₹
Previous Close
46.26
Open
46.00
High
46.99
Low
46.00
Exchange
NSE
52 week High (13 Sep 2024)
99.22
52 week Low (27 Mar 2025)
38.55
Upper Price Band
55.51
Lower Price Band
37.00
Price Band
20.00%
46.61 A2ZIPO
0.35 (0.76%)
16 May, 2025 04:01:00 PM | All Prices in ₹
Previous Close
46.26
Open
47.00
High
47.00
Low
45.91
Exchange
BSE
52 week High
102.41
52 week Low
37.85
Upper Price Band
-
Lower Price Band
-
Price Band
-

Shree Tirupati Balajee IPO Details

Open Date
05 Sep 2024
Close Date
09 Sep 2024
Listing Date
12 Sep 2024
Issue Price
₹78 - ₹83
Face Value
₹10 per share
Lot Size
180
GMP
₹27 (32.5%)
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
66820852
Share holding post issue
81570852
Total Issue Size
2,04,40,000 shares (aggregating up to ₹169.65 Cr)
Fresh Issue
1,47,50,000 shares (aggregating up to ₹122.43 Cr)
Offer for Sale
56,90,000 shares (aggregating up to ₹47.23 Cr)

Shree Tirupati Balajee IPO Subscription

Shree Tirupati Balajee IPO Application Wise Breakup (Approx)

Shree Tirupati Balajee IPO Dates

  • 05 Sep 2024
    Opening dateOPD
  • 09 Sep 2024
    Closing dateCOD
  • 10 Sep 2024
    Basis of AllotmentBOA
  • 11 Sep 2024
    Initiation of RefundsIOR
  • 11 Sep 2024
    Credit of SharesCOS
  • 12 Sep 2024
    Listing dateLID

Shree Tirupati Balajee IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum1180₹14,940
Retain Maximum132340₹194,220
SHNI Minimum142520₹209,160
SHNI Maximum6611880₹986,040
BHNI Minimum6712060₹1,000,980

Shree Tirupati Balajee IPO Reservation

Promoter Holding

Pre Issue:88.38%
Post Issue:65.42%
Promoter Names:
Binod Kumar Agarwal

Shree Tirupati Balajee IPO Valuations

ROE:20.84%
ROCE:16.29%
Debt/Equity:1.41
RoNW:20.84%
P/BV:3.01
PAT Margin (%):6.53
EPS Pre IPO:5.4
EPS Post IPO:4.42
P/E Pre IPO:15.37
P/E Post IPO:18.77

Shree Tirupati Balajee Agro Trading Company Limited Financial Information

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 Ended31 Mar 202431 Mar 202331 Mar 2022
Assets516.94392.46391.89
Revenue552.82478.14453.79
Profit After Tax36.0720.7213.66
Net Worth173.07110.2192.23
Reserves and Surplus106.24109.05
Total Borrowing243.69223.81240.06
Amount in ₹ Crore

About Shree Tirupati Balajee IPO

Established in October 2001, Shree Tirupati Balajee Agro Trading Company Limited manufactures and sells Flexible Intermediate Bulk Containers (FIBCs), i.e., large flexible bags, and other industrial packaging products such as woven sacks, woven fabric, narrow fabric, and tapes in the Indian domestic market and overseas.

The company offers customized products and caters to the bulk packaging needs of clients from various industries, including chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oil.

The company operates through subsidiaries such as Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL), and Jagannath Plastics Private Limited (JPPL).

The company operates five manufacturing units. Units I and II are certified with ISO 9001:2015 and ISO 14001:2018. Unit III is certified with ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, ISO 14064-1:2018, and the SEDEX SMETA four-pillar. The company's certifications cover the production of Flexible Intermediate Bulk Containers (FIBC), Woven Sacks, and Fabrics of PP (Polypropylene) and HDPE (High-Density Polyethylene).

As of July 2024, the company has 857 department employees.

Strength Of Shree Tirupati Balajee IPO

To be announced

Risk Of Shree Tirupati Balajee IPO

To be announced

Objectives Shree Tirupati Balajee IPO

  1. Repayment and/or prepayment, in part or full, of certain of the outstanding borrowings availed by the Company.
  2. Investment in the subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or whole, of certain outstanding borrowings availed
  3. Funding the incremental working capital requirements of the company;
  4. Investment in the subsidiaries HPPL, STBFL and JPPL for funding working capital requirements and
  5. General corporate purposes.

Company Contact Details

Shree Tirupati Balajee Agro Trading Company Limited
Plot No.192, Sector 1
Pithampur
Dhar - 454775
Phone: +917314217400
Email: info@tirupatibalajee.net
Website: https://www.tirupatibalajee.net/

Registrar Contact Details

Name: Link Intime India Private Ltd
Phone: +91-22-49186200

Lead Mangers

  1. Pnb Investment Services Ltd

  2. Unistone Capital Pvt Ltd

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