TBI Corn Limited launches IPO with 47,80,800 shares worth INR 44.94 crores to expand the unit, meet working capital needs &  for general corporate purposes.

Important Details

Open Date :  May 31, 2024 Close Date : June 3, 2024 Allotment Date : June 5, 2024 Listing Date : June 7, 2024

Important Details

IPO Price : INR 90-94 per share Lot Size : 1200 Shares Total Issue Size : INR 44.94 crores

Fundamental Analysis

TBI Corn IPO  financial analysis shows mixed performance: 1. Revenue increased but fell short this year. 2. Equity rose, and debt reliance decreased. 3. Profitability & RoNW improved. 4. EPS declined & Total assets and current ratio increased

Peer Comparison

1. Peer group information is unavailable. 2. No exact comparable listed peers.


TBI Corn IPO main objective 1. Expand the existing unit. 2. Meet incremental working capital requirements.

Risks And Challenges

TBI Corn IPO risk : 1. Heavy reliance on key customers and top 10 suppliers. 2. Dependence on five states for domestic sales. 3. Loss of clients, suppliers, or sales disruptions could impact revenue and operations.