35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

TGIF Agribusiness Limited IPO (TGIF Agribusiness IPO) Details

TGIF Agribusiness Limited is an Agro based company, located in Ahmedabad, TGIF Agribusiness Limited IPO size was 6.39 Cr. and was issued at 93.00 per share. The share of TGIF Agribusiness Limited were listed at 142.50 per share and are currently trading at 95.60 per share.

Type :
Sub Sector : Agriculture
SME IPO
BSE SME

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

Revenue :
2.56 Cr.

PAT :
1.22 Cr.

Pricing Report

Issue Price :
93.00

Listing Price :
142.50

Current Market Price :
95.60

Issue Price vs CMP :
2.6 (2.80%)

listing Price vs CMP :
46.9 (32.91%)

Performance Report (CAGR* wise)

CAGR : 3.63
-ve 0 6 9 12+
Average

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

About TGIF Agribusiness

Company Information
TGIF Agribusiness Limited is primarily engaged in horticulture, focusing on open farming of fruits and vegetables. With over 110 acres of farmland located in the vicinity of three villages—Ajari, Kasindra, and Kojra—in the Pindwara tehsil of Sirohi district, Rajasthan, the company has leased this land from its promoters. The company specializes in the farming of pomegranate, which accounts for more than 95% of its revenue. Additionally, it cultivates dragon fruits and Sagwan trees. In the past three financial years (2020-2023), the company has also grown and harvested lemon, watermelon, and chili, alongside its main crop, pomegranate.
Object of Issue
  • Purchase of agricultural equipment & irrigation system
  • To meet Working Capital requirements
  • General Corporate Purpose

TGIF Agribusiness SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
May, 2024
IPO Size :
6.39 Cr.
Market Cap :
24.06 Cr.   
IPO Subscription :
37.13 X     
PE Multiple :
19.71
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:
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Peer Companies Of This Sector

FAQs

TGIF Agribusiness operates in Agro and Agriculture. The Issue is listed on BSE SME in May, 2024. TGIF Agribusiness IPO size was 6.39 Cr. with Issue price of 93.00 .

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 95.60.

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