TBI Corn IPO Details Today : TBI Corn IPO is Open on 31 May 2024 and Close on 4 June 2024. TBI Corn IPO to Raise Approx ₹45 to ₹47 Crores, 50,00,000 Shares via IPO. The Fresh issue of Approx ₹45 to ₹47 Crores, 50,00,000 Shares.
TBI Corn offers a diverse range of products, including cleaned and fat-free Corn Grits/Meal, Corn Flakes,Stone-free Broken Maize & Corn Flour and Turmeric Finger, all manufactured without chemical additives or preservatives and GMO-free. Our products play for crucial role in the breakfast cereal, snack, brewery, confectionery, bakery, and biscuit industries both in India & international market.
Apart from ISO certifications, we hold certificates from MSME, APEDA, and are both Indian Organic and USDA Organic certified. We have expanded to multiple units in MIDC Miraj, occupying a total area of 15,812 SQMT (1,70,200 Sq. ft.) and equipped with modern machinery.
TBI Corn products have a global presence, including UAE, Bahrain, Qatar, Kuwait, Saudi Arabia, Oman, Yemen, Jordan, Israel, Liberia, Sri Lanka, Malaysia, Brunei, Vietnam, South Korea, and plans to venture into Europe and the US. Our products cater to the needs of corn starch and cattle feed industries, with potential expansion in this sector.
TBI Corn IPO Date & Price Band Details
IPO Open Date
31 May 2024
IPO Close Date
04 June 2024
IPO Size
Approx ₹45 to ₹47 Crores, 50,00,000 Shares
IPO Face Value
₹10 Per Equity Share"
IPO Price Band
₹90 to ₹94 Per Every Share
IPO Listing On
NSE SME
IPO Retail Quota
35%
IPO QIB Quota
50%
IPO NII Quota
15%
DRHP Draft
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Anchor Investor
Click Here
TBI Corn IPO Market Lot Details
Application
Lot Size
Shares
Amount
Retail Minimum
1
1200
₹112,800
Retail Maximum
1
1200
₹112,800
S-HNI Minimum
2
2400
₹225,600
Object of the Issue
- Expansion of Existing Unit.
- To Meet Incremental Working Capital Requirement.
- General Corporate Purpose.
TBI Corn IPO Allotment & Listing Date (Details)
IPO Open Date
31 May 2024
IPO Close Date
4 June 2024
Basis of Allotment
5 June 2024
Refunds
6 June 2024
Credit to Demat Account
6 June 2024
IPO Listing Date
7 June 2024
TBI Corn Financial Reports
₹ in Crores
Year
Revenue
Expense
PAT
Mar 2024
₹70.34
₹62.30
₹6.67
2023
₹139.30
₹131.14
₹6.86
2022
₹100.29
₹100.47
₹0.45
2021
₹66.96
₹67.49
₹0.24
Our Company Promoter
- Mr. Yogesh Laxman Rajhans
Qualitative Factors
- Enduring Values of the company & Management Team.
- Integrity.
- Customer Focus.
- Innovation.
- Teamwork.
- Respect for Individuals.
- Accountability.
- Strong Statutory compliance policies.
TBI Corn Company Contact Details
A5/3 & A5/4, MIDC, Miraj, Tal- Miraj,
Dist- Sangli, Maharashtra –
416410
Telephone No.: (0233) 2644950
Web site: www.tbicorn.com
E-Mail: investorrelations@tbicorn.com
Contact Person: Mr. Ninad Anand Yedurkar
TBI Corn IPO Registrar
KFIN TECHNOLOGIES LIMITED
Address: Selenium Tower-B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel No.: +91 40 6716 2222
Email Id: tbi.ipo@kfintech.com
Investor Grievance Email Id: einward.ris@kfintech.com
Contact Person: Mr. M Murali Krishna
Website: www.kfintech.com
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