
Agriculture / Horticulture · BSE
TGIF Agribusiness Limited, formerly known as ARV Farmpro LLP, has been cultivating a variety of fruits and vegetables since 2014. Operating across 110 acres of leased farmland in Rajasthan’s Ajari, Kasindra, and Kojra regions, the company specializes in pomegranates, dragon fruit, and timber plantations, along with seasonal crops like lemons, watermelons, and chilies. It primarily follows a B2B model, supplying retailers, wholesalers, hypermarkets, and mandis. Expanding its reach, TGIF Agribusiness is set to launch its Direct2home Service, a B2C initiative for direct customer engagement. With a small but dedicated team of eight as of November 30, 2023, the company continues to blend traditional farming with modern distribution strategies to deliver high-quality produce.
Price Band
₹93
Issue Size
₹6.39 Cr
Lot Size
1200 shares
GMP
+75.3%
Est. Listing
₹163
at current GMP
Subscribed
37.19x
overall
Open
8 May 2024
Close
10 May 2024
Allotment
13 May 2024
Refund
14 May 2024
Demat Credit
15 May 2024
Listing
15 May 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹93
Band: ₹93
Estimated Listing Price
₹163
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,11,600
Estimated Profit / Lot
₹84,000
1200 × ₹70
Grey Market Premium trend
+₹70
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹70 | 75.3% | ₹163 |
| 30 Oct 2026 | +₹70 | 75.3% | ₹163 |
| 29 Oct 2026 | +₹63 | 67.7% | ₹156 |
GMP is unofficial market data. Not a guarantee of listing performance.
TGIF Agribusiness Limited is bringing an initial public offering (IPO) in the Agriculture / Horticulture sector with an aggregate issue size of ₹6.39 Crores. The shares are offered at a price band of ₹93 to ₹93 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-05-10, the basis of allotment is scheduled to be finalized on 2024-05-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for TGIF Agribusiness Limited IPO is ₹70, which indicates an expected listing price of ₹163.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.