Shree Tirupati Balajee IPO subscription status started on September 05, 2024, and closed on September 09, 2024. The company aims to raise approximately ₹169.65 crore via this IPO. The retail quota is 35%, NII 15% and QIB is 50%. The price band is fixed at ₹78 to ₹83 per equity share.
The IPO consists of a minimum market lot of 180 Shares requiring an application amount of ₹14,940. Shree Tirupati Balajee is a Mainboard IPO, and it will be listed on the BSE & NSE.
Table of contents
IPO Overview
Shree Tirupati Balajee Agro Trading Company Limited (STB) is not only a leading producer but also a prominent retailer of Flexible Intermediate Bulk Containers (FIBC) in India. Furthermore, it is recognized for its rapid expansion as a global exporter. The company specializes in various types of FIBC bags, woven bags, and container liners, catering to industries such as food, chemicals, and minerals.
With more than 20 years of experience, STB remains committed to providing high-quality products to customers worldwide. Additionally, the company holds a patent for its innovative fabric, “Aeropolymesh.” It also operates through its subsidiaries, including Honourable Packaging Private Limited, Shree Tirupati Balajee FIBC Limited, and Jagannath Plastics Private Limited.
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We advise investors to consider applying for an IPO with a long-term perspective. It’s also important to review the QIB, NII, and Retail subscription figures before making an investment decision.
Shree Tirupati Balajee IPO Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 4.46 | 4.69 | 90.09 |
| NII | 4.13 | 28.61 | 107.67 |
| bNII | 3.37 | 27.84 | 117.01 |
| sNII | 5.65 | 30.15 | 88.98 |
| RII | 7.66 | 21.61 | 39.14 |
| Total | 5.99 | 18.27 | 68.38 |
Shree Tirupati Balajee IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds
- Non-Institutional Investors (NII): Individual Investors, NRIs, Companies, Trusts, etc.
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
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Shree Tirupati Balajee IPO Form
To apply for the Shree Tirupati Balajee, use ASBA via your bank’s online portal or download and submit IPO forms through your bank or broker.
FAQs
The IPO subscription starts on September 05, 2024, for NII, QIB, and Retail Investors.
You can apply through ASBA and non-ASBA options via your bank account, broker, or UPI app.
Visit our portal for live IPO subscription numbers updated hourly. Live data is also available on the official IPO page.
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