247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Shree Tirupati Balajee Agro Trading Company Limited IPO (Shree Tirupati Balajee Agro Trading Company IPO) Details

Shree Tirupati Balajee Agro Trading Company Limited is an Packaging & Disposables based company, located in Dhar, Shree Tirupati Balajee Agro Trading Company Limited IPO size was 169.65 Cr. and was issued at 83.00 per share. The share of Shree Tirupati Balajee Agro Trading Company Limited were listed at 97.54 per share and are currently trading at 70.13 per share.

Type :
Sub Sector : Manufactures And Sells Flexible Intermediate Bulk Containers
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
552.82 Cr.

PAT :
36.07 Cr.

Pricing Report

Issue Price :
83.00

Listing Price :
97.54

Current Market Price :
70.13

Issue Price vs CMP :
12.87 (15.51%)

listing Price vs CMP :
27.41 (28.10%)

Performance Report (CAGR* wise)

CAGR : -37.47
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Shree Tirupati Balajee Agro Trading Company

Company Information
Shree Tirupati Balajee Agro Trading Company Limited is involved in the manufacturing and sale of Flexible Intermediate Bulk Containers (FIBCs), which are large flexible bags, along with other industrial packaging products such as woven sacks, woven fabric, narrow fabric, and tapes. It operates both in the Indian domestic market and internationally, offering customized products to cater to the bulk packaging needs of clients from various industries, including chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oil. The company provides FIBC products to facilitate the transportation and packaging requirements of these industries. By offering alternative packaging and transportation solutions, the company streamlines the loading and unloading processes for vessels, containers, or trucks, reducing labor requirements.
Object of Issue
  • Repayment and/or prepayment, in part or full, of certain of the outstanding borrowings availed by the Company
  • Investment in the subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or whole, of certain outstanding borrowings availed
  • Funding the incremental working capital requirements of the company
  • General Corporate Purposes

Shree Tirupati Balajee Agro Trading Company MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2024
IPO Size :
169.65 Cr.
Market Cap :
677.04 Cr.   
IPO Subscription :
124.74 X     
PE Multiple :
18.77
Merchant Banker :
Unistone Capital Private Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Shree Tirupati Balajee Agro Trading Company operates in Packaging & Disposables and Manufactures And Sells Flexible Intermediate Bulk Containers. The Issue is listed on MainBoard in Sep, 2024. Shree Tirupati Balajee Agro Trading Company IPO size was 169.65 Cr. with Issue price of 83.00 .

Merchant Banker(s) of Shree Tirupati Balajee Agro Trading Company IPO: Unistone Capital Private Limited , Pnb Investment Services Limited

Shree Tirupati Balajee Agro Trading Company IPO subscription was 124.74 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Shree Tirupati Balajee Agro Trading Company IPO listed at a listing price of 97.54 against the offer price of 83.00.

The current market price of Shree Tirupati Balajee Agro Trading Company is 70.13.

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