Shree Tirupati Balajee IPO Subscription Status: Shree Tirupati Balajee IPO is Open on 5 September 2024 and Close on 9 September 2024. Shree Tirupati Balajee IPO to Raise 20,440,000 shares (Approx ₹169.65 Cr) via IPO. The Fresh Issue is 14,750,000 shares (Approx ₹122.43 Cr) and The Offer For Sale is 5,690,000 shares of ₹10 (Approx ₹47.23 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Shree Tirupati Balajee IPO is an Mainline IPO and Listed on NSE & BSE. Shree Tirupati Balajee IPO Price Band is Fixed at ₹83 Equity Share. Shree Tirupati Balajee IPO Lot Size is 180 Shares.
Also Read: Shree Tirupati Balajee Agro IPO GMP, Price, Date, IPO Details
Shree Tirupati Balajee IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 4,088,000 | 61,67,76,120 | 150.87 |
| Non Institutional Buyers (NIIs) | 3,066,000 | 64,42,22,340 | 210.12 |
| BNII | 2,044,000 | 46,08,65,340 | 225.47 |
| SNII | 1,022,000 | 18,33,57,000 | 179.41 |
| Retail Individual Buyers (RIIs) | 7,154,000 | 52,38,28,620 | 73.22 |
| Total | 14,308,000 | 1,78,48,27,080 | 124.74 |
Shree Tirupati Balajee IPO Subscription Status day-by-day-
| Categories | 5 Sep | 6 Sep | 9 Sep |
|---|---|---|---|
| QIB | 7.00 | 8.58 | 48.83 |
| NII | 3.60 | 11.30 | 159.37 |
| RII | 6.04 | 17.55 | 108.77 |
| Total | 5.79 | 13.65 | 102.48 |
About IPO :
Shree Tirupati Balajee are Engaged in the business of manufacturing and selling of Flexible Intermediate Bulk Containers (FIBCs ) large flexible bags and other industrial packaging products such as woven sacks, woven fabric and narrow fabric, tapes in the Indian domestic market and overseas.
We offer Customised Products and cater to the bulk packaging solutions of our clients from diverse industries like chemicals, agrochemicals, food mining, waste disposal industry,
agriculture industry, lubricants and edible oil by supplying them our FIBC products for transportation purposes and their packaging requirement.
We offer an alternative for packaging and transportation, streamlining the loading and unloading processes of vessels, containers, or trucks, thereby reducing labor requirements. In terms of competence, our core competencies include a wide product range, multi-location facilities, recurring orders, global presence, scale of production, technical expertise, environmental contribution, and Recycling efforts.
We offer a wide range of packaging solutions to our clients since we manufacture veriety of FIBC bags, woven bags and container liners etc. We manufacture FIBC bags for packaging all possible products including, food products, chemicals, minings etc.
Our products are logistic solutions for diverse industries and the success of our business does not depend upon a few sectors. We are a one-stop solution to all FIBC packaging needs. We believe that we are among the few companies in India with large portfolio. For ease of operations and better management and control, we manufacture specific products under various Subsidiaries.
Shree Tirupati Balajee holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
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