The Shree Tirupati IPO date has been confirmed to have started on September 21, 2017 and ended on September 26, 2017. Read the post to learn about Shree Tirupati IPO GMP.
Shree Tirupati plans to collect Rs 10.80 crore through an initial public offering. Its price range is ₹36 to ₹40 per share. The Shree Tirupati Limited IPO GMP is ₹415.00. The minimum lot size for an application is 3000 shares. Retail investors demand a minimum investment of ₹120,000.
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Key Details Of Shree Tirupati IPO:
Bidding Dates
September 21-26
Price Range
₹36 to ₹40 per share
Face Value
₹10 per share
GMP
₹415.00
Shree Tirupati IPO GMP
The Shree Tirupati Limited IPO GMP is ₹415.00.
IPO Overview
The Shree Tirupati IPO is a book-built issuance of Rs 10.80 crore. The bidding period ran from September 21, 2017, to September 26, 2017. The shares were listed on the NSE SME on October 5, 2017. The Shree Tirupati initial public offering (IPO) has a price range of 36 to 40 per share. A 3000-share lot size is necessary for application submission. To participate, retail investors must contribute a minimum of $120,000.
The organisation’s manufacturing facility is in an SEZ in Pithampur, District Dhar, MP. Exports to countries including the US, United Kingdom, Australia, Germany, Italy, Spain, and New Zealand generate most of its sales. The majority of its uncooked substances are sourced by using its group organisation, Shree Tirupati Balajee Agro Trading Private Limited.
Shree Tirupati IPO Details
IPO Date | September 21, 2017 to September 26, 2017 |
Listing Date | October 5, 2017 |
Face Value | ₹10 per share |
Price Band | ₹36 to ₹40 per share |
Lot Size | 3000 Shares |
Total Issue Size | 2,700,000 shares (aggregating up to ₹10.80 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Shree Tirupati IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹120,000 |
Retail (Max) | 1 | 3000 | ₹120,000 |
Shree Tirupati IPO Listing Details
Listing Date | October 5, 2017 |
BSE Script Code | |
NSE Symbol | TIRUPATI |
ISIN | INE238Y01018 |
Final Issue Price | ₹40 per share |
Company Profile
Founded in 2009, Shree Tirupati Balaji FIBC Ltd (STBF) is a producer and seller of flexible intermediate bulk containers (FIBC) and woven sacks made of high-density polyethene (HDPE) and polypropylene (PP). The company offers a wide range of products, including asbestos bags, BOPP bags/PP Woven bags, asbestos-containing bags, UN Certified Bags for Hazardous Materials, Form Stable bags/Q Bags, Funner bags, Tubular FIBCs, Single/Double Loop Bags, Liners-Normal/Conductive/Anti Static liners with formfit, glued, flanged, tabbed, and container liners.
Registrar Info
Name | Bigshare Services Pvt Ltd |
Phone number | +91-22-6263 8200 |
Email ID | [email protected] |
Website | ipo.bigshareonline.com |
Contact Details
Name | Shree Tirupati Balajee FIBC Ltd |
Phone number | +91-0731-4217400 |
Email ID | [email protected] |
Website | tirupatibalajee.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- We need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Shree Tirupati IPO FAQs
When Surevin IPO will open?
The Surevin IPO opens on July 28, 2017 and closes on August 1, 2017.
What is the lot size of Surevin IPO?
Surevin IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.
When is Surevin IPO listing date?
The Surevin IPO listing date is on August 9, 2017.
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