TBI Corn Limited IPO Allotment Status, Subscription, and IPO Details

The TBI Corn IPO allotment is set for June 5, 2024, with shares priced at ₹90 to ₹94 each. The offering allows bidding for lots of 1200 shares or multiples thereof.
TBI Corn Limited IPO Allotment Status, Subscription, and IPO Details

TBI Corn Limited IPO Allotment Status 

The allotment date for the TBI Corn IPO is set for June 5, 2024, with shares priced at a range of ₹90 to ₹94 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

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TBI Corn Limited IPO Allotment Status Check 

To ascertain their allocation status for the TBI Corn Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar KFin Technologies’s website.

IPO Allotment Status BSE 

Here are steps to check TBI Corn Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose TBI Corn Limited from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check TBI Corn Limited IPO allotment status on KFin Technologies website

Step 1: Visit IPO registrar website – KFin Technologies

Step 2: Select ‘TBI Corn’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your TBI Corn IPO allotment status will be reflected on the screen.

TBI Corn Limited IPO GMP Today

The TBI Corn Limited IPO GMP (Grey Market Premium) is ₹88 as of June 3.

TBI Corn Limited IPO Subscription Status 

TBI Corn IPO witnesses exceptional Day 2 demand, with a subscription rate of 50.75 times. Reflecting investor confidence and market optimism for industry growth, highlighting positive market sentiment.

TBI Corn Limited IPO Details

The TBI Corn IPO, aiming to raise ₹44.94 crore, will issue 4,780,800 new shares at a ₹10 face value, with no offer-for-sale component. Funds will support general corporate activities, enhance working capital, and expand operations. Swastika Investmart Ltd. and Ekadrisht Capital manage the IPO, Kfin Technologies is the registrar, and Ss Corporate Securities is the market maker.

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