Shree Tirupati Balajee Agro Trading Company Limited Established in October 2001, Shree Tirupati Balajee Agro Trading Company Limited manufactures and sells Flexible Intermediate Bulk Containers (FIBCs), i.e., large flexible bags, and other industrial packaging products such as woven sacks, woven fabric, narrow fabric, and tapes in the Indian domestic market and overseas.
The company offers customized products and caters to the bulk packaging needs of clients from various industries, including chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oil.
The company operates through subsidiaries such as Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL), and Jagannath Plastics Private Limited (JPPL).
The company operates five manufacturing units. Units I and II are certified with ISO 9001:2015 and ISO 14001:2018. Unit III is certified with ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, ISO 14064-1:2018, and the SEDEX SMETA four-pillar. The company’s certifications cover the production of Flexible Intermediate Bulk Containers (FIBC), Woven Sacks, and Fabrics of PP (Polypropylene) and HDPE (High-Density Polyethylene).
Shree Tirupati Balajee Agro Trading Company Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 05 Sep 2024 |
| IPO Close Date | 09 Sep 2024 |
| Allotment Date | 10 Sep 2024 |
| IPO Listing Date | 12 Sep 2024 |
Shree Tirupati Balajee Agro Trading Company Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 78 to Rs. 83 Per Equity Share |
| Market Lot | 180 Share |
| ISIN Code | |
| Listing At | NSE, & BSE |
| Issue Size | Approx. Rs. 170 Crore. |
Shree Tirupati Balajee Agro Trading Company Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 180 | Rs. 14940 |
| Maximum | 13 | 2340 | Rs. 194220 |
| Small HNI (Minimum) | 14 | 2520 | Rs. 209160 |
| Big HNI (Minimum) | 68 | 12060 | Rs. 1000980 |
Shree Tirupati Balajee Agro Trading Company Limited IPO Allotment Status
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Company Financials:
| Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Total Assets | 516.94 | 392.46 | 391.89 |
| Total Revenue | 552.82 | 478.14 | 453.79 |
| Profit After Tax | 36.07 | 20.72 | 13.66 |
Company Promoters:
The promoter of the company is Binod Kumar Agarwal.
Objects of this Issue:
- Repayment and/or prepayment, in part or full, of certain of the outstanding borrowings availed by the Company.
- Investment in the subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or whole, of certain outstanding borrowings availed.
- Funding the incremental working capital requirements of the company.
- Investment in the subsidiaries HPPL, STBFL and JPPL for funding working capital requirements.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Shree Tirupati Balajee Agro Trading Company Limited Plot No.192, Sector 1 Pithampur Dhar – 454775 Phone: +917314217400 Email: info@tirupatibalajee.net Website: https://www.tirupatibalajee.net/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: shreetirupatibalajee.ipo@linkintime.co.in Website: https://linkintime.co.in/initial_offer/public-issues.html |
