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IPO Synopsis IPO   > IPO Synopsis
As on : Jun 06,2025 03:40 PM
TBI Corn Ltd
Registered Office: A5/3 & A5/4 MIDC Miraj,Tal Miraj Dist, Sangli - 416410, Maharashtra, India.
Phone : 0233 2644 950   Fax:
Email :    
Website :  
Initial public issue of upto 47,80,800 equity shares of face value of Rs. 10/- each of TBI Corn Limited ("TBI" or the "Company" or the "Issuer") for cash at a price of Rs. 94/- per equity share including a share premium of Rs. 84/- per equity share (the "Issue Price") aggregating to Rs. 44.94 crores ("The Issue"), of which 2,40,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 94/- per equity share including a share premium of Rs. 84/- per equity share aggregating to Rs. 2.26 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 45,40,800 equity shares of face value of Rs. 10/- each at a price of Rs. 94/- per equity share including a share premium of Rs. 84/- per equity share aggregating to Rs. 42.68 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.33% and 25.01%, respectively, of the post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
31-May-24 04-Jun-24 (Rs) 94.00 (Rs) 0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Lead Managers to the Issue
Project Cost (Rs.Cr) 42.74 Ekadrisht Capital Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 44.94  
Post Issue Equity Share Capital (Rs.Cr) 18.16  
Issue Price (Rs) 94.00  
Projects
Expansion of Existing Unit To meet incremental working capital requirements
General corporate purposes
Promoted By
Yogesh Laxman Rajhana
Asha Laxman Rajhans
Listing At
NSE - SME
Registrar to the Issue
No Data Available