
Agriculture & Allied · NSE / BSE
Shree Tirupati Balajee Agro Trading Company Limited, established in October 2001, is a leading manufacturer and supplier of Flexible Intermediate Bulk Containers (FIBCs) and a wide range of industrial packaging products, including woven sacks, woven fabric, narrow fabric, and tapes. Serving industries such as chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oil, the company provides customized bulk packaging solutions to meet varied operational requirements. Its operations span five manufacturing units managed through subsidiaries—Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL), and Jagannath Plastics Private Limited (JPPL). Units I and II are ISO 9001:2015 and ISO 14001:2018 certified, while Unit III further holds ISO 45001:2018, ISO 14064-1:2018, and SEDEX SMETA four-pillar certifications. Supported by a strong workforce of 857 employees as of July 2024, the company maintains a strong focus on quality, sustainability, and efficient production across its FIBC, woven sack, and PP/HDPE fabric segments.
Price Band
₹78 – ₹83
Issue Size
₹170 Cr
Lot Size
180 shares
GMP
+32.5%
Est. Listing
₹110
at current GMP
Subscribed
124.75x
overall
Open
5 Sep 2024
Close
9 Sep 2024
Allotment
10 Sep 2024
Refund
11 Sep 2024
Demat Credit
12 Sep 2024
Listing
12 Sep 2024
Designated Registrar: Link Intime India Private Limited
Allotment Date
10 Sep 2024
Basis finalization
Refunds Initiate
11 Sep 2024
Mandate release
Demat Credit
12 Sep 2024
Shares in demat
Listing Debut
12 Sep 2024
Trading begins
Shree Tirupati Balajee Agro Trading Company Limited is bringing an initial public offering (IPO) in the Agriculture & Allied sector with an aggregate issue size of ₹169.65 Crores. The shares are offered at a price band of ₹78 to ₹83 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 180 shares (approx. ₹14,940 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-12, while un-allotted funds or UPI block mandates will be released on 2024-09-11.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.