Initial public offering of 2,04,40,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Shree Tirupati Balajee Agro Trading Company Limited ("The Company" or the "Issuer") for cash at a price of Rs. 83 per equity share (including a premium of Rs. 73 per equity share) ("Offer Price") aggregating up to Rs. 169.65 crores. The offer comprises of fresh issue of 1,47,50,000 equity shares aggregating up to Rs. 122.43 crores ("Fresh Issue") and an offer for sale of 56,90,000 equity shares by the selling shareholder aggregating Rs. 47.23 crores ("Offer for Sale") (the "Offer for Sale", and together with the fresh issue, the "Offer"). The offer constitutes 25.06 % of its post-offer paid-up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
05-Sep-2024
09-Sep-2024
₹ 83.00
₹ 0.00
Minimum Application for shares in Nos : 180.0
Further Multiples of : 180.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
108.35
PNB Investment Services Ltd
Project Financed through Current Offer
169.65
Post Issue Equity Share Capital
81.57
Issue Price
₹83.00
Projects
Repayment and/or prepayment in part or full of certain of its outstanding borrowings availed by the company and its subsidiaries HPPL STBFL and JPPL
Investment in its subsidiary HPPL STBFL and JPPL for repayment and/or prepayment in part or full of certain of outstanding borrowings availed
Funding incremental working capital requirements of the company
Investment in HPPL STBFL and JPPL for funding working capital requirements