1
Open
[.]
2
Close
[.]
3
Allotment
—
4
Listing
[.]
Issue Size
10,21,200 shares (agg. up to ₹[.] Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 19.77 | 20.49 | 7.61 | 5.98 |
| Total Income | 19.18 | 40.67 | 66.97 | 10.08 |
| Profit After Tax | 1.93 | 1.88 | 0.35 | 0.10 |
| NET Worth | 6.07 | 4.13 | 1.01 | 0.66 |
| Reserves and Surplus | 3.21 | 1.28 | 1.00 | 0.65 |
| Total Borrowing | 1.59 | 1.41 | 3.78 | 0.99 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Adon Agro Commodities Ltd. | SME | ₹44.03 Cr | ₹70 | 16.22 | ₹82.16 | +17.37% | ₹83.90 (-1.34%) |
| M R Maniveni Foods Ltd. | SME | ₹27.04 Cr | ₹52 | 18.11 | ₹41.13 | -20.90% | ₹31.64 (+5.40%) |
| NFP Sampoorna Foods Ltd. | SME | ₹24.53 Cr | ₹55 | 16.81 | ₹51.80 | -5.82% | ₹23.25 (-4.91%) |
| Stanbik Agro Ltd. | SME | ₹12.28 Cr | ₹30 | 5.9 | ₹33.33 | +11.10% | ₹32.79 (+7.51%) |
| Unisem Agritech Ltd. | SME | ₹21.45 Cr | ₹65 | 12.21 | ₹61.75 | -5.00% | ₹54.99 (-0.02%) |
| Shreeji Global FMCG Ltd. | SME | ₹85.00 Cr | ₹125 | 16.42 | ₹101.70 | -18.64% | ₹152.40 (-0.07%) |
| BharatRohan Airborne Innovations Ltd. | SME | ₹45.04 Cr | ₹85 | 16.38 | ₹91.99 | +8.22% | ₹135.90 (+15.17%) |
| Sawaliya Foods Products Ltd. | SME | ₹34.83 Cr | ₹120 | 12.64 | ₹239.40 | +99.50% | ₹298.90 (+1.13%) |
| Amir Chand Jagdish Kumar (Exports) Ltd. | Mainboard | ₹440.00 Cr | ₹212 | 28.86 | ₹180.00 | -15.09% | ₹185.11 (-1.37%) |
| Trualt Bioenergy Ltd. | Mainboard | ₹839.28 Cr | ₹496 | 23.89 | ₹530.95 | +7.05% | ₹430.60 (+2.78%) |
| Regaal Resources Ltd. | Mainboard | ₹306.00 Cr | ₹102 | 17.58 | ₹131.58 | +29.00% | ₹77.70 (+1.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in the technology infrastructure and human resources towards development of the commodity platform of the Company | 4.67 |
| 2 | Funding expenditure proposed to be incurred towards setting up of branch offices and customer care centers | 1.57 |
| 3 | Payment of security deposit to warehousing agents for booking warehouse spaces for executing contracts received on the commodity platform | 0.60 |
| 4 | Prepayment or repayment of all or a portion of certain loans availed by the Company | 1.75 |
| 5 | General corporate purposes |
About Tirshil Algocomm Technologies IPO
Incorporated in 2017, Tirshil Algocomm Technologies Limited specializes in business and knowledge process services, with a strong focus on agro-commodities consulting. The company provides integrated cash and carry services across the commodity procurement value chain, catering to business owners, farmer producer organizations, stockists, farmers, and traders. They supply commodities to companies involved in processing, stockists, importers, exporters, and traders, sourcing products directly from mandis through their employees. The company is managed by professionals with extensive experience in domestic and international agro-commodities trading, enabling it to emerge as a significant player in the Indian commodity market, recognized across major agriculture markets nationwide. Services: The company’s product sales vary yearly. Key commodities include soybean, chickpeas, maize, turmeric, guar seed, and cashew nuts. Sales distribution changes based on market demand and business strategy. As of October 10, 2024, the company has 19 employees on payroll. Competitive Strengths: Integrated service portfolio with in-house technology solutions Asset-light business model Collaborative ware
Contact Details
Tirshil Algocomm Technologies Ltd. AddressF69, Xth,Central Shopping Centre, Mahavir Nagar,Kandivali WestMumbai, Maharashtra, 400067+91 224 005 6792info@tepltrade.comVisit Website