
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
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
Overall Subscription
124.75x
Total Demand
QIB Multiplier
150.87x
Institutions & Funds
NII / HNI
210.12x
High Net-Worth
Retail (RII)
73.22x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,088,000 | 616,776,120 | 150.87x |
| NIB | 3,066,000 | 644,234,940 | 210.12x |
| HNIs(10L +) | 2,044,000 | 460,865,340 | 225.47x |
| HNIs (2-10L) | 1,022,000 | 183,369,600 | 179.42x |
| RETAIL | 7,154,000 | 523,840,500 | 73.22x |
| Total | 17,374,000 | 2,429,086,500 | 124.75x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 39,744 | 2,910,056 | 73.22x |
| HNIs (10L +) | 254 | 53,370 | 210.12x |
| HNIs (2-10L) | 1,217 | 255,716 | 210.12x |
| Total Applications | 41,215 | 3,219,142 | 78.11x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
+32.5%
Est. Listing
₹110
at current GMP
Subscribed
124.75x
overall
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.
The latest Grey Market Premium (GMP) for Shree Tirupati Balajee Agro Trading Company Limited IPO is ₹27 per equity share. Based on the upper price band of ₹78 to ₹83 per equity share, the estimated listing price is ₹110 (+32.5% expected listing gain).
With a lot size of 180 shares and current GMP of ₹27, the expected profit per application lot is approx ₹4,860 (+32.5% gain). Minimum application cost is approx ₹14,940.
The Shree Tirupati Balajee Agro Trading Company Limited IPO aggregate issue size is ₹169.65 Crores with an equity price band set at ₹78 to ₹83 per equity share. The retail lot size is 180 shares requiring a minimum capital outlay of approx. ₹14,940.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 124.75x (Retail: 73.22x, QIB: 150.87x, NII: 210.12x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-09-10. Investors can verify status using PAN card or application number.
Shree Tirupati Balajee Agro Trading Company Limited shares are scheduled to list on NSE and BSE on 2024-09-12.