Shree Tirupati Balajee Agro Trading Company Limited IPO has a ₹30 Grey Market Premium as of September 5, 2024, with a price range from ₹78 to ₹83 per share. Offering lots of 180 shares, the subscription window is open from September 5 to September 9, 2024.
Shree Tirupati Balajee Limited IPO GMP Today
The Grey Market Premium (GMP) for Shree Tirupati Balajee Limited is ₹30 as of September 5, 2024. This assessment coincides with a price of ₹78 to ₹83 per share for the IPO.
Shree Tirupati Balajee Limited IPO Review
Shree Tirupati Balajee Agro Trading Company Limited’s financial overview shows rising revenue, from ₹478.14 lakhs in March 2023 to ₹552.82 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
Profitability has improved significantly, with PAT jumping from ₹20.72 lakhs in March 2023 to ₹36.07 lakhs by March 2024. The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 20.84% highlights enhanced shareholder value generation.
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Shree Tirupati Balajee Limited IPO Date
Shree Tirupati Balajee Company Limited will start accepting subscriptions from September 5, 2024, to September 9, 2024.
Shree Tirupati Balajee Limited IPO Price
Shree Tirupati Balajee Limited’s price range is from ₹78 to ₹83 per share with a face value of ₹10 each.
Shree Tirupati Balajee Agro Trading Company Limited
Shree Tirupati Balajee Agro Trading Company Ltd. produces FIBCs and industrial packaging products for various industries. With a global presence and multi-location facilities, they emphasize environmental sustainability and recycling. Their products, customized and rigorously tested for quality, are supported by an R&D team with patents. They also use a 2 MW solar plant to lower production costs and enhance sustainability.
How To Apply For Shree Tirupati Balajee Limited IPO?
To apply for the Shree Tirupati Balajee Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Shree Tirupati Balajee Agro Trading Company Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Shree Tirupati Balajee Limited IPO at Alice Blue in just a few clicks!