TBI Corn Ltd

Issue
Opens On Closes On
31-May-24 04-Jun-24
Money Payable On
Application Allotment
94.00 0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

Lead Managers to the Issue
Project Cost (₹.Cr) 42.74 Ekadrisht Capital Pvt Ltd
Project Financed through Current Offer (₹.Cr) 44.94  
Post Issue Equity Share Capital (₹.Cr) 18.16
Issue Price (₹) 94.00
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
No Data Available
  • Registered Office: A5/3 & A5/4 MIDC Miraj,Tal Miraj Dist, Sangli - 416410, Maharashtra, India. 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.