IPO Trending
BALAJEEEQ / NSE, BSEListed
Shree Tirupati Balajee Agro Trading Company

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.

₹78 - ₹83124.75x sub
Listed Price₹90.00
Listing Gain+8.43%

IPO Schedule & Timeline

Bookbuilding IPO
Open05 Sep 2024
Close09 Sep 2024
Allotment10 Sep 2024
Listing12 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB40,88,000 shares
28.57%
HNI30,66,000 shares
21.43%
Retail71,54,000 shares
50%

Minimum Application Lots

Retail1 Lot (180 shares)
₹14,940
sHNI14 Lots (2,520 shares)
₹2,09,160
bHNI67 Lots (12,060 shares)
₹10,00,980

Company Promoters

Binod Kumar Agarwal

Company Background

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 dis...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹552.82 Cr
Growth+21.8%
Revenue Trend (₹ in Crores)
0.0211.9423.8635.7Mar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-24552.8236.07516.94243.69
Mar-23478.1420.72392.46223.81
Mar-22453.7913.66391.89240.06

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-245.7420.84%16.29%15.3718.77
Mar-233.5118.80%13.39%00
Mar-222.3114.81%10.02%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
10 Sep 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
12 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Shree Tirupati Balajee Agro Trading Company. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Sep 2024Trading commences on exchange

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Prospectus & Official Filings

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About Shree Tirupati Balajee Agro Trading Company IPO

Complete issue overview for Shree Tirupati Balajee Agro Trading Company (BALAJEE) IPO. The issue features an equity share price band of ₹78 – ₹83 per share with a minimum retail lot size of 180 Shares (minimum application amount of ₹14,940). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions