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Shree Tirupati Balajee Agro Trading

Shree Tirupati Balajee Agro Trading is engaged in the production and sale of Flexible Intermediate Bulk Containers (FIBCs), large flexible bags, and various industrial packaging solutions such as woven sacks, woven fabrics, narrow fabrics, and tapes. The company serves both domestic and international markets, offering tailored bulk packaging solutions to a wide range of industries, including chemicals, agrochemicals, food, mining, waste management, agriculture, lubricants, and edible oil.

The company operates five manufacturing facilities in Indore, Madhya Pradesh, with a monthly installed extruder capacity of 2,300 MT and a utilized capacity of 2,200 MT. The FIBCs produced by Shree Tirupati Balajee Agro Trading are designed to handle loads from 500 kg to 2,500 kg. The company operates through its subsidiaries: Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL), and Jagannath Plastics Private Limited (JPPL).

Shree Tirupati Balajee Agro Trading exports its products to over 38 countries across six continents, with major export destinations including the USA, Germany, Australia, the UK, Singapore, Canada, France, New Zealand, Chile, Sweden, Switzerland, Spain, and Malaysia.

Shree Tirupati Balajee Agro IPO Details

Signature Global IPO Details
Shree Tirupati Balajee Agro IPO Dates
5 – 9 September 2024
Shree Tirupati Balajee Agro Issue Price
INR 78 – 83 per share
Fresh issue
1,47,50,000 shares (INR 122.42 crore)
Offer For Sale
56,90,000 shares (INR 47.23 crore)
Total IPO Size
2,04,40,000 shares (INR 169.65 crore)
Minimum bid (size)
180 shares (INR 14,940)
Face Value
INR 10 per share
Retail Allocation
35%
Listing On
NSE, BSE

Shree Tirupati Balajee Agro Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

FY24

Revenue

343.76

444.18

475.43

539.66

Expenses

333.20

436.45

451.03

505.38

Net income

12.03

13.66

20.72

36.07

Margin (%)

3.50

3.08

4.36

6.68

Figures in INR Crore unless specified otherwise

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