TBI Corn Ltd
Price Range
₹90 - ₹94
Min. Quantity
1,200
Closes on
4 June 2024
Min. investment
₹1,12,800/1,200 Shares
TBI Corn Ltd IPO Timeline
Tbi Corn Ltd, promoted by Mr. Yogesh Laxman Rajhans was earlier registered as a Partnership Firm as 'The Best India', pursuant to a Deed of
| 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 |
|---|---|---|---|
| 03-2024 | 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
| Listing Date | 7 June 2024 |
| BSE Script | 92839 |
| NSE Symbol | TBI |
| Listing In | NSE - SME |
| ISIN | INE0N2D01013 |
| IPO Price | ₹94 |
| Face Value | ₹10 |
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
FAQ
What is the issue size of TBI Corn Ltd IPO?
I have pre-applied for TBI Corn Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.