TBI Corn Logo

TBI Corn Limited

TBI

90-94

per share
Bidding Dates
31-4 Jun
Min. Investment
₹1,08,000.00
Lot Size
1200 shares
Issue Size
₹44.94 Cr
IPO Timeline
Bidding starts
31 May ‘24
Bidding ends
04 Jun ‘24
Allotment finalisation*
05 Jun ‘24
Refund initiation*
06 Jun ‘24
Demat transfer
06 Jun ‘24
Listing
07 Jun ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About TBI Corn Limited

Incorporated in 2000, TBI Corn offers a diverse range of products like cleaned and fat-free Corn Grits/Meal, Corn Flakes, Stone-free Broken Maize & Corn Flour and Turmeric Finger, all manufactured without chemical additives or preservatives and GMO-free.  The company thrives on the versatility of corn as their primary raw material. Advanced processing techniques transform corn into a diverse product line, featuring maize flakes, corn flour, corn grits and broken maize.They hold certificates from MSME, APEDA, and are both Indian Organic and USDA Organic certified. They have expanded to multiple units in MIDC Miraj, occupying a total area of 15,812 SQMT (1,70,200 Sq. ft.) and equipped with modern machinery. 

Thier products have a global presence, including UAE, Bahrain, Qatar, Kuwait, Saudi Arabia, Oman, Yemen, Jordan, Israel, Liberia, Sri Lanka, Malaysia, Brunei, Vietnam, South Korea, and plans to venture into Europe and the US. They have successfully expanded into international markets, serving countries in the Gulf, Sri Lanka, Malaysia, Brunei, Vietnam, South Korea, and soon, Europe and the US. 

They  proudly supply to renowned companies across India. Their products cater to the needs of corn starch and cattle feed industries, with potential expansion in this sector. The company is a trusted name in the corn milling industry, known for its commitment to quality, innovation, and international excellence. With their expanding reach and unwavering dedication, they aim to continue providing good quality corn products to customers worldwide. Their precision-driven manufacturing ensures good quality, with strict adherence to safety standards.

TBI Corn  Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 

  1. Expansion of Existing Unit; 
  2. To Meet Incremental Working Capital Requirement; 
  3. General Corporate Purpose.

IPO analysis

Registrar information
Name
KFIN TECHNOLOGIES LIMITED
Phone number
+91 40 6716 2222
Email ID
tbi.ipo@kfintech.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

Interested in investing in an IPO?

Open free Demat + trading account and join our 1 crore+ successful users.
Already have an account with Upstox?
Login