TBI Corn Limited
listed
₹1.08LMin. investment
TBI Corn Limited IPO Details
Issue size
₹44.94Cr
IPO type
SME
Price range
₹90.00 – ₹94.00
Listing date
7 Jun 2024
Lot size
1200 shares
RHP/DRHP
Read
Price range₹90.00 – ₹94.00
IPO type
SME
Lot size1200 shares
Issue size₹44.94Cr
RHP/DRHP
Read
TBI Corn Limited Timeline
- Bid start31 May 2024
- Bid end4 Jun 2024
- Allotment2 Jun 2024
- Release of funds6 Jun 2024
- Demat transfer5 Jun 2024
- Listing7 Jun 2024
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:
- Expansion of Existing Unit;
- To Meet Incremental Working Capital Requirement;
- General Corporate Purpose.
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TBI Corn Limited Contact Details
Company NameTBI Corn Limited
How to apply for TBI Corn Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.