TBI Corn Limited

TBI Corn Limited

SMEClosed

₹1,12,800(1,200 Shares)

Minimum Investment

IPO Dates

May 31, 2024 – Jun 4, 2024

Price Band

₹90–94 per equity share

Lot Size

1200

Listing

Jun 7, 2024

Listing At

NSE SME

May 31, 2024Open DateCompleted
Jun 4, 2024Close DateCompleted
TBAAllotment DateUpcoming
Jun 7, 2024Listing DateCompleted

TBI Corn Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail523.29x

Overall Subscription

Total Bids Received

231.21x

TBI Corn Limited IPO Issue Details

Issue Price
₹90-94 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
47,80,800 shares(aggregating up to ₹44.94 crore)
Listing At
NSE SME
Listing Date
Jun 7, 2024
Registrar
Kfin Technologies Limited

Reservation Details

NII14.26%

Shares Offered

6,81,600

QIB19.01%

Shares Offered

9,08,800

Anchor28.41%

Shares Offered

13,58,400

Market Maker5.02%

Shares Offered

2,40,000

Company Information

Incorporated in 2000, TBI Corn Limited manufactures and exports Corn Meal Grits. ISO 9001:2015 and ISO 22000:2018 certified the Company.Sangli district in Maharashtra, India focuses on producing excel...

Valuations

EPS (Pre-IPO)

5.13

EPS (Post-IPO)

5.63

P/E (Pre-IPO)

18.33

P/E (Post-IPO)

16.7

RoNW

18.84%

PAT Margin

7.59%

P/B Value

3.09

Objectives of the Issue

  1. 1Expansion of Existing Unit
  2. 2To Meet Incremental Working Capital Requirement
  3. 3General Corporate Purpose

TBI Corn Limited – Promoter(s)

Mr. Yogesh Laxman Rajhans
Mrs. Asha Laxman Rajhans

Contact Details

Corporate Office

A5/3 & A5/4, MIDC, Miraj, Tal- Miraj Dist- Sangli 416410

(0233) 2644950

cs@tbicorn.com

Visit Website

TBI Corn Limited Allotment & Registrar Details

Check Allotment

Kfin Technologies Limited

04067162222, 04079611000

tbi.ipo@kfintech.com

Visit Registrar Website

TBI Corn Limited IPO Documents

Frequently Asked Questions — TBI Corn Limited IPO

The TBI Corn Limited IPO price band is set at ₹90.00 to ₹94.00 per equity share.

The lot size for TBI Corn Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,12,800.

The TBI Corn Limited IPO opens on May 31, 2024 and closes on Jun 4, 2024.

TBI Corn Limited IPO is expected to be listed on Jun 7, 2024 on NSE SME.

The registrar for TBI Corn Limited IPO is Kfin Technologies Limited. You can contact them at tbi.ipo@kfintech.com.

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