TBI Corn IPO

Listed Listed stocks

TBI Corn IPO Details

  • Bidding Date

    31-May-2024 to
    04-Jun-2024

  • Issue Size

    ₹44.94 Cr

  • Price Band

    ₹90 to ₹94

  • Allotment date

    05-Jun-2024

  • Listing date

    07-Jun-2024

  • Lot size

    1200

  • No. of shares

    47,80,800

  • Fresh issue/OFS

    ₹44.94 Cr /--

About TBI Corn Company

The company, originally formed as a partnership firm named "M/s The Best India" in the year 2000, transitioned into a limited company on June 22, 2022 and was renamed "TBI Corn Limited." Located in Sangli, Maharashtra, India, the company specializes in producing high-quality corn products such as Corn Grits/Meal, Corn Flakes, Stone-free Broken Maize, Corn Flour, and Turmeric Finger. These products are manufactured without chemical additives or preservatives and are GMO-free. Over the years, TBI Corn Limited has expanded its reach to international markets, supplying to countries in the Gulf, Sri Lanka, Malaysia, Brunei, Vietnam, South Korea, and is planning to enter the European and US markets. The company's products cater to the corn starch and cattle feed industries, with potential expansion plans in these sectors.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    154x

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FAQs for TBI Corn IPO.

The issue size of TBI Corn is ₹44.94 Cr.

TBI Corn falls into Food Processing industry.

The TBI Corn IPO will be listed on BSE.

The open and close dates for the TBI Corn are 31-May-2024 & 04-Jun-2024.

The price band for the TBI Corn ipo is ₹90 to ₹94

The listing date of TBI Corn IPO is 07-Jun-2024.

The purpose of this IPO is to raise fresh capital.

TBI Corn total subscription ratio is 154X.

Key financial of the TBI Corn are:


TBI Corn FY-24 FY-23 FY-22 FY-21
Revenue (₹ Cr) 158.23 115.48 100.29 66.96
EBIT (₹ Cr) 16.95 9.86 1.63 0.3
Proft after Tax (₹ Cr) 10.1 6.23 0.45 0.24
Debt (₹ Cr) 45.81 40.39 25.49 23.01
Net Worth (₹ Cr) 42.82 16.78 6.83 5.12
RoE (%) 23.59 37.15 6.59 4.69