Founded in October 2001, Shree Tirupati Balajee Agro Trading produces and sells large flexible bags and other industrial packaging products in India and abroad.
The IPO opened for subscription on September 5, 2024, and will close on September 9, 2024.
The total issue size is ₹169.65 crore, comprising a fresh issue of 1.48 crore shares worth ₹122.43 crore and an offer for sale of 0.57 crore shares worth ₹47.23 crore.
The price band is set at ₹78 to ₹83 per share, with a minimum investment of ₹14,940 for a lot of 180 shares.
The company will use the proceeds from the fresh issue for repaying debt, investing in subsidiaries, working capital requirements, and general corporate purposes.
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