TBI Corn
Book Building issueSME₹44.94 Cr issue
+110.64%
Listing gain over issue price
Issue size
₹44.94 Cr
1 lot at cut-off
₹1,12,800
Lot size
1,200shares
Open
31 May 2024
Close
04 Jun 2024
Allotment
05 Jun 2024
Listing
07 Jun 2024
Listing performance
Issue price
₹94
Listed at
₹198
Listing-day close
₹207.90
Latest price
₹68.50
Close on 23 Oct 2026
Listing gain
+110.64%
Return since issue
-27.13%
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 31 May 2024 – 04 Jun 2024
- Listing date
- 07 Jun 2024
- Face value
- ₹10 per share
- Issue price
- ₹94 per share
- Lot size
- 1,200 shares
- Issue type
- Book Building issue
- Total issue size
- ₹44.94 Cr
- Market cap at offer price
- ₹171 Cr
- Promoter holding
- 76.65% → 57.71% pre-issue → post-issue
- ISIN
- INE0N2D01013
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- Swastika Investmart Ltd.
- Registered office
- A5/3 & A5/4, MIDC, Miraj, Tal-Miraj, Maharashtra
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 13,58,400 | — | — |
| Market maker | 2,40,000 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹94
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,12,800 |
| S-HNI (min) | 2 | 2,400 | ₹2,25,600 |
| S-HNI (max) | 8 | 9,600 | ₹9,02,400 |
| B-HNI (min) | 9 | 10,800 | ₹10,15,200 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Shares allocated
13,58,400
Anchor portion
₹12.77 Cr
at ₹94 per share
Valuation and performance
Valuation at offer price
₹94 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 5.13 | 5.63 |
| P/E (×) | 18.32 | 16.70 |
| Price to book (×) | 3.09 | — |
| Market cap | — | ₹171 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 18.84%
- ROCE
- 18.65%
- Debt / equity
- 0.43
- PAT margin
- 7.59%
- NAV per share
- ₹30.41
- Price to book
- 3.09
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
TBI Corn IPO FAQs
What is the lot size of TBI Corn IPO?
The minimum lot size of TBI Corn IPO is 1,200 shares. One lot costs ₹1,12,800 at the cut-off price.
When does TBI Corn IPO open and close?
TBI Corn IPO opened for subscription on 31 May 2024 and closed on 04 Jun 2024.
What is the listing date of TBI Corn IPO?
TBI Corn IPO listed on 07 Jun 2024.