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TBI Corn Ltd

TBI Corn Ltd

    Registered Office : A5/3 & A5/4 MIDC Miraj,Tal Miraj Dist,Sangli Maharashtra 416410 Phone : 0233 2644 950
    Fax :

    Email : cs@tbicorn.com

    Website : www.tbicorn.com

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

Opens On

Closes On

31-May-2024

04-Jun-2024

Money Payable On

Application

Allotment

94.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

42.74

44.94

18.16

94.00

Ekadrisht Capital Pvt Ltd

Swastika Investmart Ltd

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
  • KFin Techologies Ltd