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Home All IPOs TBI Corn Ltd IPO
TBI Corn Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹94
Issue Price
₹94
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹94
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹112,800
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
31 May 2024
Fri Completed
Done
Close Date
04 Jun 2024
Tue Completed
Done
Allotment
05 Jun 2024
Wed Completed
Done
Refund
06 Jun 2024
Thu Completed
Done
Demat Credit
06 Jun 2024
Thu Completed
Done
Listing Date
07 Jun 2024
Fri Completed
UPI Deadline: 04 Jun 2024
Issue Details
Pricing & Size
Issue Price
₹94 Face ₹10
Lot Size
1,200 shares
Min Investment
₹112,800
Total Issue Size
47,80,800 shares (aggregating up to ₹44.94 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,40,000 (5.02%)
QIB Portion
22,65,600 (47.39%)
NII / HNI
6,82,800 (14.28%)
Retail
15,92,400 (33.31%)
Employee
-
Net Offer to Public
45,40,800 shares (aggregating up to ₹42.68 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,33,77,605 shares
Post-Issue Shareholding
1,81,58,405 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,12,800
HNI / NII 2 2,400 ₹2,25,600
Objects of Issue
3 objectives
1
Expansion of Existing Unit;
2
To Meet Incremental Working Capital Requirement;
3
General Corporate Purpose
Lead Managers & Market Maker
Book Running Lead Managers
Swastika Investmart Ltd.
Ekadrisht Capital Pvt.Ltd
Market Maker
SS Corporate Securities Ltd
IPO Timeline
Open
31 May
✓ Done
Close
04 Jun
✓ Done
Allotment
05 Jun
✓ Done
Listing
07 Jun
✓ Done
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
tbi.ipo@kfintech.com
Company Contact
Email
cs@tbicorn.com
Phone
(0233) 2644950
Address
A5/3 & A5/4, MIDC, Miraj, Tal- Miraj Sangli, Maharashtra, 416410
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹94
Est. Listing
₹94
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
TBI Corn Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹94
GMP
+₹0 (+0%)
GMP Est. Listing
₹94
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 22,65,600 (47.39%) ₹2,129.66 Cr
NII / HNI (Total) 6,82,800 (14.28%) ₹641.83 Cr
Retail Investors 15,92,400 (33.31%) ₹1,496.86 Cr
Total ** 47,80,800 (100.00%) ₹44,939.52 Cr
Market Maker * 2,40,000 (5.02%) ₹22.56 Cr
* Based on ₹94.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
22,65,600 (47.39%)
NII
6,82,800 (14.28%)
Retail
15,92,400 (33.31%)
Market Maker
2,40,000 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Dec 202331 Mar 202331 Mar 2022
Revenue10196.5314042.6310097.26
PAT766.45686.0945.16
EBITDA
Net Worth4067.702677.81683.24
Total Assets9511.5012162.044317.63
Reserves2729.941677.49
Borrowings5137.136352.822549.48
Key Financial Ratios
18.84%
ROE
Return on Equity
18.65%
ROCE
Return on Capital Employed
18.84%
RONW
Return on Net Worth
7.59%
PAT Margin
PAT / Revenue
0.43
D/E Ratio
Debt to Equity
3.09
P/BV
Price to Book Value
5.13
Pre EPS
EPS Pre-Issue
5.63
Post EPS
EPS Post-Issue
18.33
Pre P/E
P/E Pre-Issue
16.7
Post P/E
P/E Post-Issue
About TBI Corn Ltd

Incorporated in 2000, TBI Corn Limited is a manufacturer and exporter of Corn Meal Grits. The Company is ISO 9001:2015 and ISO 22000:2018 certified.

The company specialize in producing high-quality Corn/Maize Grits and related products in the Sangli district of Maharashtra, India.

The company sells various products, including fat-free corn grits/meals, corn flakes, stone-free broken maize and corn flour, and turmeric finger.

All products are made without chemical additives or preservatives and are GMO-free.

The company exports its products to various countries such as Dubai, Oman, Jordan, South Africa, and Vietnam.

As of 31st December 2023, the company has a total of 48 employees

Frequently Asked Questions
What is the issue price of TBI Corn Ltd IPO?
The issue price of TBI Corn Ltd IPO is ₹94 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹112,800.
What are the IPO dates?
Opens 31 May 2024, closes 04 Jun 2024.
When is the listing date?
Tentative listing: 07 Jun 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹94 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

TBI Corn Ltd IPO · Expected 05 Jun 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
05 Jun 2024
Refund Initiation
06 Jun 2024
Demat Credit
06 Jun 2024
Listing Date
07 Jun 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹94
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹112,800
1 lot
Est. Listing
₹94
GMP +₹0
Key Dates
Open
31 May Done
Close
04 Jun Done
Listing
07 Jun Done
Registrar
Kfin Technologies Ltd
A
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