TBI Corn Ltd IPO
Price Range
₹90 - ₹94
-
Min. Quantity
1,200 Shares
Closes on
4 June 2024
-
Min. investment
₹1,12,800
TBI Corn Ltd IPO Timeline
| Event | Date |
|---|---|
| TBI Corn Ltd IPO Opening Date | 31 May 2024 |
| TBI Corn Ltd IPO Closing Date | 4 June 2024 |
| Basis of Allotment | 5 June 2024 |
| Initiation of Refunds | 6 June 2024 |
| Credit of Shares to Demat | 6 June 2024 |
| TBI Corn Ltd IPO Listing Date | 7 June 2024 |
TBI Corn Ltd IPO Details
| TBI Corn Ltd IPO Date | 31 May 2024 to 4 June 2024 |
| TBI Corn Ltd IPO Face Value | ₹10 per share |
| TBI Corn Ltd IPO Price | ₹90 to ₹94 per share |
| TBI Corn Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹44.94 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹44.94 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Yogesh Laxman Rajhana, Asha Laxman Rajhans |
TBI Corn Ltd IPO Lot Size
The TBI Corn Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,12,800).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,12,800 |
| Maximum | 1 | 1,200 | ₹1,12,800 |
- Strengths
- Risks
- Opportunities
- Enduring Values of the company & Management Team.
- Integrity.
- Customer Focus.
- Innovation.
- Teamwork.
- Respect for Individuals.
- Accountability.
- Strong Statutory compliance policies.
Company Financials
TBI Corn Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 180.19 | 213.87 | 13.63 |
| 03-2024 | 101.7 | 159.2 | 10.10 |
| 03-2023 | 77.02 | 116.37 | 6.23 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expansion of Existing Unit
- To meet incremental working capital requirements
- General corporate purposes
TBI Corn Ltd IPO Promoter Holding
| Pre Issue Share Holding | 74.01% |
| Post Issue Share Holding | 54.52% |
TBI Corn Ltd IPO Subscription Status (Bidding Detail)
The TBI Corn Ltd IPO is subscribed 153.9611 times on 4 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 153.9611 |
TBI Corn Ltd IPO Prospectus
TBI Corn Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0N2D01013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
A5/3 & A5/4 MIDC MirajTal Miraj Dist,Sangli-416410
Phone: 0233 2644 950
Email: cs@tbicorn.com
Website: www.tbicorn.com
TBI Corn Ltd IPO Registrar
TBI Corn Ltd IPO Lead Manager(s)
- Swastika Investmart Ltd
- Ekadrisht Capital Pvt Ltd
How to Check the Allotment Status of TBI Corn Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “TBI Corn Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About TBI Corn Ltd IPO
TBI Corn Limited, promoted by Mr. Yogesh Laxman Rajhans was earlier registered as a Partnership Firm as 'The Best India', pursuant to a Deed of Partnership dated 24th February, 2000. Afterwards, 'The Best India' got converted from Partnership Firm to a Limited Company as'TBI Corn Limited' and received a Certificate of Incorporation dated 22nd June, 2022 issued by the Registrar of Companies, Pune. Prior to incorporation, Company was into manufacturing yeast processing in 1990. It commenced the business in 2000 as a Partnership Firm with three founding partners, Mr. Yogesh Laxman Rajhans, with 2 others , who then named this venture 'The Best India'.