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Tirupati Balaji Exim IPO IPO

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Listing
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Issue Size
85,40,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets146.71134.51111.66
Total Income233.40197.58193.46
Profit After Tax8.297.651.47
EBITDA21.6219.1212.75
NET Worth45.2436.9629.30
Reserves and Surplus27.8919.6027.73
Total Borrowing81.3482.8870.00
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Shreedhar Spinners Ltd.SME₹30.68 Cr₹5313.44₹57.10+7.74%₹115.00
Harikanta Overseas Ltd.SME₹24.30 Cr₹9114.66₹75.77-16.74%₹72.50
Yajur Fibres Ltd.SME₹120.41 Cr₹17423.49₹132.25-23.99%₹33.40
K K Silk Mills Ltd.SME₹28.50 Cr₹3812.12₹30.40-20.00%₹9.87
Game Changers Texfab Ltd.SME₹54.84 Cr₹10210.58₹109.35+7.21%₹113.00
Sihora Industries Ltd.SME₹10.56 Cr₹6613.14₹66.50+0.76%₹60.50
Siddhi Cotspin Ltd.SME₹69.85 Cr₹10816.06₹82.10-23.98%₹28.40
Rachit Prints Ltd.SME₹19.50 Cr₹14911.85₹113.25-23.99%₹192.00
Alpine Texworld Ltd.Mainboard₹126.25 Cr₹10512.68₹99.75-5.00%₹60.46
Kusumgar Ltd.Mainboard₹650.00 Cr₹41944.8₹602.80+43.87%₹595.00
Aastha Spintex Ltd.Mainboard₹170.00 Cr₹13618.78₹136.49+0.36%₹73.03
Shree Ram Twistex Ltd.Mainboard₹110.24 Cr₹10438.21₹71.40-31.35%₹39.59

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company12.25
2Meet out the Working Capital requirements of the Company19.50
3General Corporate Purpose
Total31.75

About Tirupati Balaji Exim IPO

Incorporated in June 2001, Tirupati Balaji Exim Limited is engaged in the manufacturing and supply of wool-based products, including wool tops, blended wool tops, scoured raw wool, worsted wool yarns, blended yarns and wool-based woven fabrics. The Company operates as an integrated wool processor, undertaking activities across scouring, carding, combing, spinning, dyeing and weaving. Its products are supplied primarily to textile manufacturers, exporters and institutional buyers, with customized natural, dyed and blended yarns manufactured according to customer requirements. The Company operates an integrated manufacturing facility located at Kanganwal Road, Industrial Area-C, Ludhiana, Punjab, with an installed capacity of 22,50,000 kg per annum for wool tops, 9,00,000 kg per annum for yarn and 1,65,000 metres per annum for fabric production. Its manufacturing infrastructure is supported by testing and quality control facilities for fibre fineness, tensile strength, yarn evenness, colour matching and fastness. The Company primarily sources greasy raw wool through imports from Australia, Russia and certain European regions and operates on a business-to-business model. As of June 30

Contact Details

Tirupati Balaji Exim Ltd. Address155Industrial Area-AMillerganjLudhiana, Punjab, 14100382880 70689info@tbexim.comVisit Website