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TGIFSME / BSEListed
TGIF Agribusiness

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.

₹93 - ₹9337.19x sub
Listed Price₹150.00
Listing Gain+61.29%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open08 May 2024
Close10 May 2024
Allotment13 May 2024
Listing15 May 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail3,26,400 shares
47.5%
Other3,26,400 shares
47.5%
Market Maker34,800 shares
5%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,11,600
HNI2 Lots (2,400 shares)
₹2,23,200

Company Promoters

Mr. Niraj Chhaganraj GemawatMs. Rachana Niraj Gemawat

Company Background

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, an...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Nov-23)₹171.79 Cr
Growth-5.4%
Revenue Trend (₹ in Crores)
0.089.0178.1267.1Mar-21Mar-22Mar-23Nov-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Nov-23171.7981.41282.3267.30
Mar-23232.28130.07187.520
Mar-22207.14115.4865.330
Mar-21181.5938.18291.620

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Nov-234.280%0%9.313.58
Mar-236.850%0%00
Mar-226.080%0%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: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
13 May 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
15 May 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for TGIF Agribusiness. 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 Finalization13 May 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date15 May 2024Trading commences on exchange

How to Check TGIF Agribusiness Allotment Online

1Open Portal

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

2Select Company

Select TGIF Agribusiness 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

Allotment FAQs & Help

About TGIF Agribusiness IPO

Complete issue overview for TGIF Agribusiness (TGIF) IPO. The issue features an equity share price band of ₹93 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,11,600). 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