TBI Corn IPO
ListedTBI 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
FAQs for TBI Corn IPO.
What is the issue size of TBI Corn IPO?
The issue size of TBI Corn is ₹44.94 Cr.
What is the industry of TBI Corn?
TBI Corn falls into Food Processing industry.
Where TBI Corn IPO will be listed?
The TBI Corn IPO will be listed on BSE.
What are the open and close dates for the TBI Corn IPO?
The open and close dates for the TBI Corn are 31-May-2024 & 04-Jun-2024.
What are the price band for TBI Corn IPO?
The price band for the TBI Corn ipo is ₹90 to ₹94
What is the listing date of TBI Corn IPO?
The listing date of TBI Corn IPO is 07-Jun-2024.
What is the purpose for the TBI Corn IPO?
The purpose of this IPO is to raise fresh capital.
How much times TBI Corn IPO subscribed?
TBI Corn total subscription ratio is 154X.
What are the key financials for the TBI Corn IPO?
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 |