IPO Trending
TBISME / NSEListed
TBI Corn

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.

DRHPANCHOR
₹90 - ₹94231.29x sub
Listed Price₹198.00
Listing Gain+110.64%

IPO Schedule & Timeline

Book Built Issue IPO
Open31 May 2024
Close04 Jun 2024
Allotment05 Jun 2024
Listing07 Jun 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail15,92,000 shares
33.3%
Nii (hni)6,81,600 shares
14.26%
Anchor13,58,400 shares
28.41%
QIB9,08,800 shares
19%
Market Maker2,40,000 shares
5.02%

Minimum Application Lots

Retail0 Lots (1,200 shares)
₹1,12,800
HNI2 Lots (2,400 shares)
₹2,25,600

Company Promoters

Mr. Yogesh Laxman RajhansMrs. Asha Laxman Rajhans

Company Background

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 ...

Lead Managers & Bankers

Swastika Investmart Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹7120.28 Cr
Growth+5.1%
Revenue Trend (₹ in Crores)
0.05.4k10.8k16.1kMar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-237,120.28666.759,963.405,140.73
Mar-2314,042.63686.0912,162.046,352.82
Mar-2210,097.2645.164,317.632,549.48
Mar-216,776.3823.934,254.862,300.94

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-235.1318.84%18.65%0.418.33
Mar-23037.79%25.14%00
Mar-2204.89%3.47%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: Kfin Technologies Limited

Allotment Finalized
Allotment Date
05 Jun 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
07 Jun 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for TBI Corn. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization05 Jun 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date07 Jun 2024Trading commences on exchange

How to Check TBI Corn Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select TBI Corn from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About TBI Corn IPO

Complete issue overview for TBI Corn (TBI) IPO. The issue features an equity share price band of ₹90 – ₹94 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,12,800). 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