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.
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.
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.
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?
What is TGIF Agribusiness IPO Investors Portion?
How to Apply the TGIF Agribusiness IPO?
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How to Apply the TGIF Agribusiness IPO thru Paytm Money?
What is TGIF Agribusiness IPO Size?
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?
What is TGIF Agribusiness IPO Allotment Date?
What is TGIF Agribusiness IPO Listing Date?
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