Shree Tirupati Balajee IPO GMP Today, Listing Date

Dear investors check out here Shree Tirupati Balajee IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Shree Tirupati Balajee IPO GMP today is ₹40.

Shree Tirupati Balajee IPO is open on Thursday, September 5, 2024. and close on Monday, September 9, 2024. Shree Tirupati Balajee IPO total issue size is 20,440,000 shares (aggregating up to ₹169.65 Cr), and Shree Tirupati Balajee IPO price is ₹83 per share. The IPO will be listed on BSE and NSE. Shree Tirupati Balajee Limited IPO listing on Thursday, September 12, 2024.

Shree Tirupati Balajee IPO Date

IPO Open Date: Thursday, September 5, 2024
IPO Close Date: Monday, September 9, 2024
Basis of Allotment: Tuesday, September 10, 2024
Initiation of Refunds: Wednesday, September 11, 2024
Credit of Shares to Demat: Wednesday, September 11, 2024
Listing Date: Thursday, September 12, 2024
Cut-off time for UPI mandate confirmation: 5 PM on September 9, 2024

Shree Tirupati Balajee Limited About

Founded in October 2001, Shree Tirupati Balajee Agro Trading Company Limited specializes in the manufacturing and sale of Flexible Intermediate Bulk Containers (FIBCs)—large, flexible bags—and a range of other industrial packaging products, including woven sacks, woven fabric, narrow fabric, and tapes. These products serve both the Indian domestic market and international clients.

The company provides customized packaging solutions, catering to the bulk packaging needs of various industries such as chemicals, agrochemicals, food, mining, waste disposal, agriculture, lubricants, and edible oil.

Shree Tirupati Balajee operates through several subsidiaries, including Honourable Packaging Private Limited (HPPL), Shree Tirupati Balajee FIBC Limited (STBFL), and Jagannath Plastics Private Limited (JPPL).

The company runs five manufacturing units, with Units I and II certified under ISO 9001:2015 and ISO 14001:2018. Unit III holds certifications for ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, ISO 14064-1:2018, and SEDEX SMETA four-pillar. These certifications cover the production of FIBCs, woven sacks, and fabrics made from PP (Polypropylene) and HDPE (High-Density Polyethylene).

As of July 2024, the company employs 857 people across its departments.

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Shree Tirupati Balajee IPO GMP Today Price | Gray Markets Price Today

As Per the last update on September 07, 2024, at 11:00 AM, the latest GMP (Gray Markets Price) for Shree Tirupati Balajee IPO is ₹40. The base price of the IPO is ₹83.00, with an estimated listing price of ₹123 (48.19%) (cap price + today’s GMP). This suggests an expected profit/loss per share of 48.19%.