31 Mar 2022
Assets391.89
Total Income453.79
Profit After Tax13.66
NET Worth92.23
Total Borrowing240.06
At a glance
Updated 2026-09-13The shares listed at ₹90.00, a 8.43% move from the issue price. Shree Tirupati Balajee is a Mainboard IPO with an issue size of ₹169.65 crore, proposed for listing on BSE, NSE. The offer opens on 5th Sep 2024 and closes on 9th Sep 2024. The issue structure includes a fresh issue of ₹122.43 crore and an offer-for-sale component of ₹47.23 crore. The current listing schedule points to 12th Sep 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹169.65 Cr
Fresh issue₹122.43 Cr
Offer for sale₹47.23 Cr
Face value₹10
Price band₹78.00–₹83.00
Allotment10th Sep 2024
Listing12th Sep 2024
Listing performance
Full performance ↗Issue price₹83.00
Listing price₹90.00
Current price—
Listing gain8.43%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹27.00
GMP / upper price32.53%
Est. listing₹110.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens5th Sep 2024
Closes9th Sep 2024
Allotment10th Sep 2024
Refund11th Sep 2024
Demat11th Sep 2024
Listing12th Sep 2024
Subscription demand
Full bidding ↗Total124.74×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 180 | ₹14,940 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment and/or prepayment, in part or full, of certain of the outstanding borrowings availed by the Company. | ₹31.45 Cr |
| Investment in the subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or full, of certain of outstanding borrowings availed | ₹20.82 Cr |
| Funding incremental working capital requirements of the Company | ₹13.50 Cr |
| Investment in the subsidiaries HPPL, STBFL and JPPL for funding working capital requirements. | ₹10.74 Cr |
| General Corporate Purposes | ₹31.83 Cr |
| Issue Expenses | ₹19.51 Cr |
| Total | ₹127.86 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue552.82₹ Cr · +15.6% vs prior year
PAT36.07₹ Cr · +74.1% vs prior year
Assets516.94₹ Cr · +31.7% vs prior year
Net Worth173.07₹ Cr · +57.0% vs prior year
Borrowing243.69₹ Cr · +8.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets392.46
Total Income478.14
Profit After Tax20.72
NET Worth110.21
Reserves and Surplus109.05
Total Borrowing223.81
31 Mar 2024
Assets516.94
Total Income552.82
Profit After Tax36.07
NET Worth173.07
Reserves and Surplus106.24
Total Borrowing243.69
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 20.84% |
| ROCE | 16.29% |
| Debt / Equity | 1.41% |
| RoNW | 20.84% |
| PAT Margin | 6.53% |
| Price to Book Value | 3.01 |
Valuation & shareholding
Pre-IPO EPS5.40
Post-IPO EPS4.42
Pre-IPO P/E15.37
Post-IPO P/E18.77
Promoter holding pre88.38%
Promoter holding post65.42%
Market cap₹677.04 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Shree Tirupati Balajee Agro Trading Company IPO | — | 18.77 x | — | — |
| Knack Packaging IPO | — | 45.20 x | — | — |
| Pyramid Technoplast IPO | — | 11.34 x | — | — |
| Sah Polymers IPO | — | 33.51 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Repayment and/or prepayment, in part or full, of certain of the outstanding borrowings availed by the Company. | ₹31.45 Cr |
| Investment in the subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or full, of certain of outstanding borrowings availed | ₹20.82 Cr |
| Funding incremental working capital requirements of the Company | ₹13.50 Cr |
| Investment in the subsidiaries HPPL, STBFL and JPPL for funding working capital requirements. | ₹10.74 Cr |
| General Corporate Purposes | ₹31.83 Cr |
| Issue Expenses | ₹19.51 Cr |
| Total | ₹127.86 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- PNB Investment Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
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