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Open
21 Sep 2017
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Close
26 Sep 2017
3
Allotment
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Listing
Thu, Oct 5, 2017
Price Band
₹36 to ₹40
Issue Size
27,00,000 shares (agg. up to ₹11 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Oct 5, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.77x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 42.07 | 42.03 | 39.12 |
| Total Income | 69.80 | 62.09 | 54.13 |
| Profit After Tax | 2.87 | 3.38 | 2.44 |
| NET Worth | 17.45 | 14.58 | 11.20 |
| Reserves and Surplus | 16.84 | 13.96 | 10.58 |
| Total Borrowing | 19.36 | 21.35 | 23.26 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| R M Drip & Sprinklers Systems Ltd. | SME | ₹11.46 Cr | ₹57 | null | ₹58.80 | +3.16% | ₹18.97 (-0.21%) |
| Shish Industries Ltd. | SME | ₹4.06 Cr | ₹30 | null | ₹32.95 | +9.83% | ₹13.02 (+0.46%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 7.95 |
| 2 | General corporate purposes | 2.05 |
About Shree Tirupati Balajee FIBC IPO
Incorporated in 2009, Shree Tirupati Balaji FIBC Ltd (STBF) is engaged in manufacturing and supply of High Density Polyethylene (HDPE) / Polypropylene (PP) woven sacks, Flexible Intermediate Bulk Container (FIBC).Company's wide range of products includes, Conductive (Type C) Bags, Type B Bags, UN Certified Bags for Hazardous materials, Form Stable bags/ Q Bags, Funner bags, Tubular FIBC's, Single/Double Loop Bags, Liners-Normal/Conductive/Anti Static liners with formfit, glued, flanged, tabbed, container liners, asbestos bags, BOPP bags/PP Woven bags, Tunnel Lift Bags.Company's manufacturing unit is situated at SEZ area located at Pithampur, Dist. Dhar, MP. Majority of its sales are from exports to countries like USA, UK, Australia, Germany, Italy, Spain, New Zealand etc. They majorly procure their raw materials by their Group Company, Shree Tirupati Balajee Agro Trading Private Limited.+ Read More
Contact Details
Shree Tirupati Balajee FIBC Ltd. AddressPlot No.A.P.-14 Apparel ParkSEZ Phase IIINdustrial AreaPithampur, Madhya Pradesh, 454774+91-0731-4217400cs@tirupatibalajee.comVisit Website