The initial public offering (IPO) of Shree Tirupati Balaji Agro Trading Company Limited is open for bidding. You can bid in it till 9 September 2024. The bulk container manufacturer has fixed the price band of Shree Tirupati Balaji IPO at ₹78 to ₹83 per equity share. The company’s initial offer aims to raise ₹169.65 crore, which is a mix of new shares and offer for sale (OFS). According to the news of Livemint, the company has raised ₹50.89 crore from anchor investors ahead of the public offer.
Know the latest GMP
According to the news, on the IPO subscription opening date of Shree Tirupati Balaji, the shares of Shree Tirupati Balaji Agro Trading Company Limited are trading at a huge premium in the gray market today. According to stock market observers, shares of Shri Tirupati Balaji Agro Trading Company Limited are available in the grey market today at a premium of ₹26 per equity share. Bidders can apply in multiple lots. One lot consists of 180 shares of the company.
How much has been subscribed so far
After the first day of bidding on September 5, the IPO was subscribed 6.36 times. The retail portion was booked 7.93 times, the NII segment was subscribed 5.25 times, and the QIB portion of the initial offer was booked 4.46 times. The most likely date for share allotment in this IPO is September 10, 2024. Link Intime India Private Limited has been appointed as the official registrar of the book build issue.
Manager of IPO
PNB Investment Services Limited and Unistone Capital Private Limited have been appointed as the lead managers of the initial public offering (IPO) of Shri Tirupati Balaji Agro Trading Company Limited. The public issue is proposed to be listed on BSE and NSE. The most likely date for listing of the shares is September 12, 2024.
