Sunday, May 19, 2024

TGIF Agribusiness IPO Date, Review, Price, Allotment Details

TGIF Agribusiness is essentially a horticulture corporate engaged in open farming of positive vegatables and fruits. Their farmland is unfold over a space of over 110 acres and is located within the neighborhood of 3 villages i.e. Ajari, Kasindra, and Kojra, all of which might be positioned within the tehsil of Pindwara, district Sirohi, Rajasthan. The corporate is principally engaged within the farming of pomegranate which contributes to greater than 95% in their income from operations. Apart from the farming of pomegranates, they’re additionally engaged within the farming and cultivation of dragon end result and Sagwan bushes.

They observe other farming practices to supply high quality end result comparable to fruit thinning, through which some portion of fruit crop from the tree is got rid of ahead of its adulthood, to enhance the overall measurement and high quality of the rest crop, leaf vegetative expansion apply to cut back tolerance degree of exterior look, protective fruit with coverage subject material, measuring soil moisture to decide the water utility. Under their farming fashion, through which they in most cases make use of farmers and employees within the neighborhood in their farms. They additionally interact themselves in to supervision of farmers and croppers to continuously observe the amount and high quality of vegetation.

They recently promote nearly all of their merchandise to outlets, wholesalers, retail chain shops, hypermarkets, and mandis. Under the B2B fashion, most of these shoppers discuss with the farms to judge the farm and the produce, and in line with worth negotiations costs are finalized with the purchasers. They even have plans to promote their produce thru their B2C fashion beneath the identify of Direct2home provider, the place the native shoppers can position the order and the goods might be picked, packed from the farm, and dropped at the buyer’s house immediately.

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Objects of the Issue:

  • Purchase of agricultural apparatus & irrigation gadget
  • To meet Working Capital necessities
  • General Corporate Purpose

TGIF Agribusiness IPO Review

TGIF Agribusiness IPO Date & Price Band Details

IPO Open: May 8, 2024
IPO Close: May 10, 2024
IPO Size: Approx ₹6.39 Crores, 687,600 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹93 Per Equity Share
IPO Listing on: BSE SME
Retail Quota: 50% of the online be offering
QIB Quota: [.]% of the online be offering
NII Quota: 50% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

TGIF Agribusiness IPO Market Lot

The TGIF Agribusiness IPO minimal marketplace lot is 1200 stocks with a ₹111,600 utility quantity.

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹111,600
Retail Maximum 1 1200 ₹111,600
S-HNI Minimum 2 2400 ₹223,200

TGIF Agribusiness IPO Dates

The TGIF Agribusiness IPO date is May 8 and the IPO shut date is May 10. The IPO allotment date is May 13 and the IPO may record on May 15.

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IPO Open Date: May 8, 2024
IPO Close Date: May 10, 2024
Basis of Allotment: May 13, 2024
Refunds: May 14, 2024
Credit to Demat Account: May 14, 2024
IPO Listing Date: May 15, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

TGIF Agribusiness IPO Form

How to use TGIF Agribusiness IPO? You can observe TGIF Agribusiness IPO by means of ASBA to be had for your checking account. Just cross to the net financial institution login and observe by means of your checking account by means of deciding on the TGIF Agribusiness IPO within the Invest phase. The different choice you’ll observe TGIF Agribusiness IPO by means of IPO paperwork obtain by means of the BSE site. Check out the TGIF Agribusiness paperwork – click on BSE IPO Forms obtain, fill and post for your financial institution or along with your dealer.

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TGIF Agribusiness Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹1.82 ₹1.43 ₹0.38
2022 ₹2.07 ₹0.90 ₹1.15
2023 ₹2.32 ₹1.02 ₹1.30
November 2023 ₹1.72 ₹0.90 ₹0.81

TGIF Agribusiness IPO Valuation – FY2023

Check TGIF Agribusiness IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹6.85 in keeping with Equity Share
Price/Earning P/E Ratio: 13.58
Return on Net Worth (RoNW): 73.95%
Net Asset Value (NAV): ₹10.00 in keeping with Equity Share

Peer Group

  • Raghuvansh Agrofarms Limited
  • Bangalore Fort Farms Limited
  • Mr. Niraj Chhaganraj Gemawat
  • Ms. Rachana Niraj Gemawat

TGIF Agribusiness IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

TGIF Agribusiness IPO Allotment Status

Check TGIF Agribusiness IPO allotment standing on Bigshare site URL. Click Here

TGIF Agribusiness IPO Lead Managers aka Merchant Bankers

Company Address

TGIF Agribusiness Limited
A/52, Fairy Society, fifth Floor,
Corporate House, Bodakdev,
Ahmedabad – 380054
Phone: +079 49887770
Email: [email protected]
Website: http://www.tgifagri.com/

TGIF Agribusiness IPO FAQs

What is TGIF Agribusiness IPO?

TGIF Agribusiness IPO is an BSE SME IPO. They are going to elevate ₹6.39 Crores by means of IPO. The factor is priced at ₹93 in keeping with fairness proportion. The IPO is to be indexed on BSE.

When TGIF Agribusiness IPO will open?

The IPO is to open on May 8, 2024 for QIB and Retail Investors.

What is TGIF Agribusiness IPO Investors Portion?

The traders’ portion for NII is 50%, and Retail is 50%.

How to Apply the TGIF Agribusiness IPO?

You can observe TGIF Agribusiness IPO by means of ASBA on-line by means of your checking account. You too can observe for ASBA on-line by means of UPI thru your inventory agents. You too can observe by means of your inventory agents by means of filling up the offline shape.

How to Apply the TGIF Agribusiness IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “TGIF Agribusiness”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the TGIF Agribusiness IPO thru Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “TGIF Agribusiness”. Click on Bid Button. Confirm your utility. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the TGIF Agribusiness IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “TGIF Agribusiness”. Click on Bid Button. Confirm your utility. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is TGIF Agribusiness IPO Size?

TGIF Agribusiness IPO measurement is ₹6.39 crores.

What is TGIF Agribusiness IPO Price Band?

TGIF Agribusiness IPO Price Band is ₹93 in keeping with fairness proportion.

What is TGIF Agribusiness IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 stocks with ₹111,600.

What is TGIF Agribusiness IPO Allotment Date?

TGIF Agribusiness IPO allotment date is May 13, 2024.

What is TGIF Agribusiness IPO Listing Date?

TGIF Agribusiness IPO checklist date is May 15, 2024. The IPO to record on BSE SME.

Note: The TGIF Agribusiness IPO main points are introduced formally. The IPO gray marketplace top rate (TGIF Agribusiness IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.



– Source : IPOWATCH

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