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TGIF Agribusiness IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Agro sector. Hem Securities is the merchant banker of TGIF Agribusiness IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th December 2023.
TGIF Agribusiness IPO open date is 8th May 2024 and close date is 10th May 2024. IPO Allotment Date is 13th May 2024 and Listing date is 15th May 2024.TGIF Agribusiness IPO size is Rs 6.39 Cr. crores with IPO price of Rs 93.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the TGIF Agribusiness IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for TGIF Agribusiness IPO.
TGIF Agribusiness IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
TGIF Agribusiness IPO, based in Ahmedabad, operates in the Agro sector with a focus on Agriculture. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. TGIF Agribusiness IPO size is ₹ 6.39 Cr. Crores with fresh issue size of Rs 6.39 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for TGIF Agribusiness IPO is expected to be 13th May 2024, after the finalization of basis of allotment. Investors can check TGIF Agribusiness IPO allotment status on the registrars website, Bigshare Services Private Limited. TGIF Agribusiness IPO refund dates are 14th May 2024.
TGIF Agribusiness IPO is expected to be listed on 15th May 2024.
The upper price band for the TGIF Agribusiness IPO is set at ₹ 93.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on TGIF Agribusiness IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the TGIF Agribusiness IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 10th May 2024. After submission, funds are blocked until the basis of allotment of TGIF Agribusiness IPO is finalised.
The merchant banker for TGIF Agribusiness IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the TGIF Agribusiness IPO RHP for further details.
The registrar for TGIF Agribusiness IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to TGIF Agribusiness IPO through their official website or helpline.
TGIF Agribusiness IPO was subscribed 37.13 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.39 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.73 Cr.
Sector: Agro
SME IPO so far:
34
Merchant Banker:
Hem Securities
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 2.57 cr.
PE
Ratio:
19.71x
Average Sector PE Ratio: 18.29x
TGIF Agribusiness IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on TGIF Agribusiness Financial Review Page
Merchant Banker(s) of TGIF Agribusiness IPO: Hem Securities Limited
TGIF Agribusiness IPO subscription was 37.13 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.
TGIF Agribusiness IPO listed at a listing price of 142.50 against the offer price of 93.00.
The current market price of TGIF Agribusiness is 93.50.
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