Shree Tirupati Balajee Agro Trading Company Ltd IPO

Shree Tirupati Balajee Agro Trading Company Limited is a leading manufacturer and supplier of flexible intermediate bulk containers (FIBCs) and other industrial packaging products in India. With over 20 years of experience, the company offers a wide range of customized packaging solutions to clients across various industries. Shree Tirupati Balajee operates through multiple manufacturing units and subsidiaries, ensuring efficient operations and a strong market presence. The company's focus on quality, innovation, and customer satisfaction has enabled it to become a trusted partner in the packaging industry.

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Shree Tirupati Balajee Agro Trading Company Ltd IPO Details

Check out the issue details for Shree Tirupati Balajee Agro Trading Company Ltd IPO as disclosed in SEBI.

IPO Price

₹ 83

Price Band

₹ 78 - 83

Issue Size

169.65 Cr.

Issue Type

Book Built

Open

2024-09-05

Close

2024-09-09

Listing price

₹ 90

Listing Gain

8.43%

Listing Date

2024-09-12

CMP

₹ 19.14

Current Return

-76.94%

Shree Tirupati Balajee Agro Trading Company Ltd News

Shree Tirupati Balajee Agro Trading Company informs about minutes of AGM 6 Oct 2026, 4:10PM Shree Tirupati Balajee Agro Trading Company informs about credit rating 6 Jun 2026, 3:52PM Shree Tirupati Balajee Agro Trading Company informs about certificate3 Jan 2026, 3:40PM Shree Tirupati Balajee Agro Trading Company informs about disclosure31 Oct 2025, 2:38PM Shree Tirupati Balajee Agro Trading Company informs about certificate3 Oct 2025, 4:35PM Shree Tirupati Balajee Agro Trading Company informs about annual report2 Sep 2025, 5:21PM Shree Tirup.Bal.Agro - Quaterly Results14 Aug 2025, 8:58PM Shree Tirupati Balajee Agro Trading Company informs about outcome of board meeting26 Jun 2025, 5:32PM Shree Tirup.Bal.Agro - Quaterly Results30 May 2025, 6:39PM Shree Tirup.Bal.Agro - Quaterly Results14 Feb 2025, 6:37PM Shree Tirupati Balajee Agro Trading Company informs about compliance certificate3 Jan 2025, 3:01PM Shree Tirupati Balajee Agro Trading Company informs about closure of trading window 30 Dec 2024, 5:19PM Shree Tirupati Balajee Agro Trading Company informs about acquisition20 Nov 2024, 4:56PM Shree Tirupati Balajee Agro Trading Company informs about press release16 Nov 2024, 4:31PM Shree Tirup.Bal.Agro - Quaterly Results1 Oct 2024, 9:18PM Shree Tirupati Balajee Agro Trading informs about updates16 Sep 2024, 5:20PM Shree Tirupati Balajee Agro Trading Company informs about closure of trading window16 Sep 2024, 3:26PM Shree Tirupati Balajee coming with IPO to raise around Rs 170 crore4 Sep 2024, 11:15AM

Company Financials

You can get the following financial statements of Shree Tirupati Balajee Agro Trading Company Ltd as of now.

The details about the Shree Tirupati Balajee Agro IPO are as:

  • The issue size of the IPO is 169.65 Cr.
  • The price band for Shree Tirupati Balajee Agro IPO is Rs 78 to Rs 83.
  • The shares of Shree Tirupati Balajee Agro IPO will list on 12th September 2024.
  • The latest tentative GMP of Shree Tirupati Balajee Agro IPO is Rs 25.
  • The shares of Shree Tirupati Balajee Agro IPO are subscribed 124.52 Times as of 9th September 2024. 

 

Shree Tirupati Balajee Agro IPO Valuation

The approx valuation of Shree Tirupati Balajee Agro IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 83
Existing Shares (Qty) 6.68 Cr
Fresh Issue 122.43 Cr
Market Cap 676.87 Cr
EPS (FY24) Rs 5.74
PE Ratio 14.45x
Industry PE 30.74x

 

Shree Tirupati Balajee Agro IPO Issue Size

Shree Tirupati Balajee Agro IPO issue size is 169.65 Cr. 

Issue Amount
Fresh Issue 122.43 Cr
Offer For Sale 47.23 Cr

 

Shree Tirupati Balajee Agro IPO Market Lot

An Individual can apply for a minimum 1 lot of 180 shares and a maximum of 13 lots of 2340 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 180 Rs 14,940
 Maximum 13 2340 Rs 1,94,220

 

Shree Tirupati Balajee Agro IPO share offer

The shares of Shree Tirupati Balajee Agro IPO are subscribed 124.52 Times as of 9th September 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 150.87 Times
Non-Institutional Minimum 15% 210.04 Times
Retail Individual Minimum 35% 72.80 Times
Total   124.52 Times

Find below the dates for Shree Tirupati Balajee Agro IPO:

Schedule Date
Basis of Allotment 10 September 2024
Refunds 11 September 2024
Credit to Demat Account 11 September 2024
IPO Listing Date 12 September 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 353.83 346.32 358.85 360.13 358.65
Total Expenditure 333.49 319.4 326.51 325.67 336.67
Operating Profit 20.34 26.92 32.33 34.46 21.99
Other Income 2.47 0.82 6.41 3.58 5.39
Interest 10.57 11.87 11.97 11.75 11.98
Depreciation 4.17 3.59 3.35 4.25 3.34
Exceptional Items 0 0 0 0 0
Profit Before Tax 8.07 12.28 23.42 22.04 12.05
Provision for Tax 2.13 3.46 6.18 7.21 3.21
Net Profit 5.94 8.82 17.24 14.83 8.84
Adjusted EPS (Rs.) 0.1 0.15 0.26 0.18 0.11

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 1.15 1.16 66.82 81.57 81.57
Total Reserves 65.35 72.26 56.98 167.15 176.23
Borrowings 41.05 31.27 23.57 6.5 0.59
Other N/C liabilities 7.17 8.01 7.74 9.27 9.53
Current liabilities 127.06 126.95 148.08 140.84 172.42
Total Liabilities 241.77 239.64 303.19 405.33 440.34
Assets
Net Block 30.76 27.55 24.23 37.74 27.7
Capital WIP 3.29 4.43 15.87 0 0
Intangible WIP 0 0 0 0 0
Investments 16.48 16.69 16.72 34.76 34.88
Loans & Advances 4.1 8.71 3.83 25.26 31.81
Other N/C Assets 4.01 2.67 2.74 0.73 4
Current Assets 183.14 179.6 239.81 306.84 341.96
Total Assets 241.77 239.64 303.19 405.33 440.34
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Other Income 2.08 2.28 1.3 0.89 1.17
Profit Before Tax 4.74 2.35 2.16 2.8 3.33
Tax 1.28 0.65 0.84 0.44 0.95
Profit After Tax 3.47 1.7 1.32 2.36 2.37
Adjusted EPS (Rs) 0.42 0.21 0.16 0.29 0.29

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2026 65.42 0
Jun 2026 65.42 0
Mar 2026 65.42 0
Dec 2025 65.42 0
Sep 2025 65.42 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 8.07 12.28 23.42 22.04 12.05
Adjustment 15.41 14.64 12.6 13.69 12
Changes in Assets & Liabilities -36.23 -2.25 -45.4 -77.11 -10.16
Tax Paid -1.89 -1.39 -4.05 -8.76 -4.4
Operating Cash Flow -14.66 23.27 -13.42 -50.14 9.48
Investing Cash Flow -12.7 -1.1 -8.94 -14.95 -7.07
Financing Cash Flow 27.98 -23.04 19.45 65.97 -3.38
Net Cash Flow 0.61 -0.87 -2.91 0.88 -0.97
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