Shree Tirupati Balajee Agro Trading Company Limited
- Minimum Investment₹14,040
- Price Range₹78 - ₹83
- Issue Size₹169.65 Cr
- Lot Size180 shares
Proceeds of this IPO to be used for
Repayment and/or prepayment, in part or full, of certain of its outstanding borrowings availed by the company.
Investment in its subsidiaries HPPL, STBFL and JPPL for Repayment and/or prepayment, in part or full, of certain of outstanding borrowings availed.
Funding the incremental working capital requirements of the company.
Investment in the subsidiaries HPPL, STBFL and JPPL for funding working capital requirements.
General corporate purposes.
Strengths & Weaknesses of Shree Tirupati Balajee Agro Trading Company Limited
Diverse customer base
The company maintains strong client relationships, ensuring stable future revenues through repeat business. The company offers a full range of customized flexible intermediate bulk container (FIBCs), which helps clients improve performance and reduce costs, enhancing customer retention and gaining a pricing advantage
Integrated Manufacturing Facility
The company operates five manufacturing facilities in Indore, Madhya Pradesh. These strategically located units are close to Mumbai and major industrial zones, with excellent connectivity to ports, airports, and highways, ensuring timely and cost-effective product delivery
Multi-Product Portfolio
The company offers a diverse range of FIBCs and can adapt to customer needs. This flexibility helps retain customers and gain a pricing advantage over competitors
Plastic Product Ban
Growing awareness of pollution has prompted bans on plastic products in many regions, including India. A ban on the company’s plastic packaging in India or other markets could significantly affect its business and operations
Geographically Concentrated Sales
The company's majority of domestic sales come from the western zone, which accounted for 93.81% of domestic sales in FY24. Adverse developments in this market could significantly impact the business
Certain Litigation
The company, its promoter and director are currently involved in certain litigation which is currently pending at various stages. Currently, it is also involved in certain tax-related proceedings
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Shree Tirupati Balajee Agro Trading Company Limited
- PromoterBinod Kumar Agarwal