TBI Corn IPO Subscription Details

Bookbuilding IPO | ₹45 Cr | Listed at NSE SME | Fri, May 31, 2024 - Tue, Jun 4, 2024

Basis of Allotment - TBI Corn IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)9,07,20013,58,40022,65,6006,82,80015,92,40045,40,800
Allotment price (Rs.)949494949494
No.of applications4945320,4252,53,4542,73,932
No.of shares applied7,33,30,80013,58,4007,46,89,20035,27,70,00030,41,44,80073,16,04,000
Amount collected (Rs.cr.)689.31 12.77 702.08 3,316.04 2,858.96 6,877.08
No.of times subscribed80.831.0032.97516.65191.00161.12
No.of shares allotted9,07,20013,58,40022,65,6006,82,80015,92,40045,40,800
Amount (Rs.cr.)8.53 12.77 21.30 6.42 14.97 42.68
No.of allottees4945301,3271,380

IPO Shares Offered

TBI Corn IPO is a public issue of 0.45 Cr equity shares. The issue offers 0.16 Cr shares to retail investors, 0.23 Cr shares to qualified institutional buyers, and 0.07 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,40,0002.26 5.02%
QIB 22,65,60021.30 47.39%
    Anchor 13,58,400 12.77 28.41%
    QIB (Ex Anchor) 9,07,200 8.53 18.98%
NII* 6,82,8006.42 14.28%
Retail15,92,40014.97 33.31%
Total47,80,80044.94 100%

TBI Corn IPO Anchor Investor Allocation

A total of 13,58,400 shares at a price of Rs 94 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 30, 2024
Anchor investor price₹94.00
Anchor investors as % of QIBs59.96%
No. of shares locked-in for 30 days6,79,200
No. of shares locked-in for 90 days6,79,200
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SAINT CAPITAL FUND SAINT CAPITAL 1,34,400 1.26 9.89 2.81
2 PERSISTENT GROWTH FUND PERSISTENT 3,19,200 3.00 23.50 6.68
3 NEXT ORBIT VENTURES FUND NEXT ORBIT 6,38,400 6.00 47.00 13.35
4 INDIA EMERGING GIANTS FUND LTD. INDIA EMERGING 2,66,400 2.50 19.61 5.57
13,58,40012.7710028.41

IPO Subscription FAQs

The TBI Corn IPO is subscribed 231.21 times by Jun 04, 2024 18:19.

TBI Corn IPO Subscription

Investor Category Subscription (times)
Qualified Institutional81.41
Non Institutional516.5
Retail Individual194.59
Total Subscription231.21

Retail category of TBI Corn IPO subscribed 194.59 times as of date Jun 04, 2024 18:19. The public issue closes on Tue, Jun 4, 2024 for bidding.

An investor can apply in TBI Corn IPO online via bank (using ASBA) or the broker (using UPI). The TBI Corn IPO shares are offered online only.

The TBI Corn IPO is subscribed 231.21 times by Jun 04, 2024 18:19.

The TBI Corn IPO allotment status is expected on or around Wednesday, June 5, 2024. Visit TBI Corn IPO allotment status to check.

The TBI Corn IPO listing date is June 7, 2024. The equity share of TBI Corn IPO will list on NSE SME.

Visit TBI Corn IPO subscription status page for real-time bidding information about TBI Corn IPO.

TBI Corn IPO Timetable

IPO opens OnFriday, May 31, 2024
IPO Closes OnTuesday, June 4, 2024
Finalisation of Basis of AllotmentWednesday, June 5, 2024
Initiation of RefundsThursday, June 6, 2024
Credit of Shares to Demat AccountThursday, June 6, 2024
IPO Listing DateFriday, June 7, 2024
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