Shree Tirupati Balajee Agro IPO Opens on September 5: Key Details
IPO Dates and Pricing
The initial public offering (IPO) of Shree Tirupati Balajee Agro Products Limited, a leading manufacturer of processed fruit and vegetable products, will open for subscription on September 5, 2023.
The price band for the IPO has been set at Rs. 65-70 per share. The company plans to raise Rs. 1,250 crore through the IPO.
Business Model
Shree Tirupati Balajee Agro is primarily engaged in the business of processing and exporting fruit and vegetable products.
The company's key products include:
- Frozen fruits and vegetables
- Processed fruits and vegetables
- Fruit pulps and concentrates
- Fruit juices
Key Strengths
Diversified Product Portfolio: Shree Tirupati Balajee Agro has a wide range of products that it offers to customers.
Strong Export Presence: The company exports its products to over 30 countries around the world.
Proven Track Record: Shree Tirupati Balajee Agro has a strong track record of growth and profitability.
Lot Size and Other Details
The minimum lot size for the IPO is 200 shares. Investors can apply for a maximum of 13 lots.
The issue will be managed by Axis Capital, ICICI Securities, and HDFC Bank.
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