Listed Price₹198.00
Listing Gain+110.64%
Price Band₹90 - ₹94
Lot Size1,200 shares
Min Bid₹1,12,800
Subscription231.29x
Listed Market Snapshot
₹198.00Listed price from market data
+110.64%listing gain
Issue Amount
₹44.94 Cr
Listed Price
₹198.00
Current Price
₹66.35
Registrar
Kfin Technologies Limited
Timeline•Book Built Issue IPO
Open31 May 2024
Close04 Jun 2024
Allotment05 Jun 2024
Listing07 Jun 2024
Quota Reservation Portions
RetailPortion: 15,92,000 shares
33.3%Nii (hni)Portion: 6,81,600 shares
14.26%AnchorPortion: 13,58,400 shares
28.41%QIBPortion: 9,08,800 shares
19%Market MakerPortion: 2,40,000 shares
5.02%Minimum Application Bracket Matrix
Retail0 lots / 1,200 shares
₹1,12,800HNI2 lots / 2,400 shares
₹2,25,600About the Company
Founded in 2000, TBI Corn Limited is a trusted manufacturer and exporter of premium Corn Meal Grits based in Sangli, Maharashtra. The company holds ISO 9001:2015 and ISO 22000:2018 certifications, ensuring top-notch quality and food safety. TBI Corn offers a wide range of products like fat-free corn grits, corn flakes, broken maize, corn flour, and turmeric fingers, all made without chemicals or preservatives — and 100% GMO-free. The company exports its products to countries like Dubai, Oman, Jordan, South Africa, and Vietnam. With a dedicated team of 48 employees as of December 31, 2023, TBI Corn Limited continues to maintain its reputation for quality and excellence in the global market.
Company Promoters
Mr. Yogesh Laxman RajhansMrs. Asha Laxman Rajhans
Lead Managers
Registrar
Kfin Technologies Limited