TGIF Agribusiness IPO Subscription Status: TGIF Agribusiness IPO is Open on May 8, 2024 and Close on May 10, 2024. TGIF Agribusiness IPO to Raise 687,600 Shares (Approx ₹6.39 Cr) via IPO. The Fresh issue of 687,600 Shares (Approx ₹6.39 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%.
TGIF Agribusiness IPO is an SME IPO and Listed on BSE SME. TGIF Agribusiness IPO Price Band is Fixed at ₹93per ₹10 Equity Share. TGIF Agribusiness IPO Lot Size is 1200 Shares.
About TGIF Agribusiness IPO :
- TGIF Agribusiness Is Incorporated 2023 Primarily A Horticulture Company Engaged In Open Farming Of Certain Fruits And Vegetables. Our Farm Land Is Spread Over An Area Of Over 110 Acres.
- We Are Engaged In The Farming And Cultivation Of Dragon Fruits And Sagwan Trees, We Have Also Gown And Harvested Lemon, Water Melon And Chilly.
- We Currently Sell Majority Of Our Products To Retailers, Wholesalers, Retail Chain Stores, Hypermarkets And Mandis. Under The B2B Model All These Customers Visit The Farms For Evaluating The Farm And The Produce And Based On Price Negotiations Prices Are Finalized With The Customers.
TGIF Agribusiness IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Market Maker | 34,800 | 34,800 | 1 |
| NII | 3,26,400 | 1,15,36,800 | 35.35 |
| Retail Investors | 3,26,400 | 1,07,44,800 | 32.92 |
| Total | 6,52,800 | 2,42,40,000 | 37.13 |
TGIF Agribusiness Subscription Status day-by-day-
| Categories | 8 May | 9 May | 10 May |
|---|---|---|---|
| NII | 0.88 | 2.41 | 35.35 |
| Retail | 2.05 | 5.90 | 32.92 |
| Total | 1.46 | 4.15 | 37.13 |
TGIF Agribusiness 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.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
TGIF Agribusiness Review From MoneyMintIdea –
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