IPO

TGIF Agribusiness Ltd. IPO

TGIF Agribusiness Ltd., established in 2023, operates in the Agricultural Products sector. The company's IPO opened on May 8, 2024 and closed on May 10, 2024, with an issue price of ₹93. The TGIF ... Read more

Min Investment
₹ 1,11,600 / 1200 shares
Price Range
₹93
Bidding Dates
8 May '24 - 10 May '24
Total Issue Value
3.36 Cr
Lot Size
1,200
Total Issue Size
3.36 Cr
Listing At
BSE SME
Subscription
36.35 times
BSE Price
104.94 (12.84%)

IPO Timeline

  • 8 May 2024
    Bidding Starts
  • 10 May 2024
    Bidding Ends
  • 13 May 2024
    Allotment Finalization
  • 15 May 2024
    Listing

About TGIF Agribusiness Ltd.

We are primarily a horticulture company engaged in open farming of certain fruits and vegetables. Our farm land is spread over an area of over 110 acres and is situated in the vicinity of three villages i.e. Ajari, Kasindra and Kojra, all of which are located in the tehsil of Pindwara, district ... Read more

Parent organisation
Founded
TGIF Agribusiness Ltd.
2023

TGIF Agribusiness Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 34,800 (9.63%)
Non Institutional Investors 3,26,400 (90.37%)
Retail Individual Investors (RIIs) 3,26,400 (90.37%)

TGIF Agribusiness Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 1.60 Cr 67.26 Lakh 67.26 Lakh
31 Mar 2023 2.32 Cr 1.30 Cr 0
31 Mar 2022 2.07 Cr 1.15 Cr 0

TGIF Agribusiness Ltd. Background

Major Events And Milestones
  • 2014
    Partnership Firm in the name and style of M/s. Aarvee Farm Products founded by Niraj Chhaganraj Gemawat and Rachana Niraj Gemawat w.e.f February 28, 2014
    Partnership firm was registered as on March 06, 2014 having registration number GUJ/AMS/40021
  • 2019
    Incorporation of our LLP as “ARV Farmpro LLP” pursuant to the Conversion of Partnership firm into the Limited Liability Partnership as per the provisions of the Limited Liability Partnership Act, 2008.
  • 2023
    Change in the name of our LLP from ARV Farmpro LLP To TGIF Agribusiness LLP.
    Increase in the number of partners along with capital contribution.
    Incorporation of Company pursuant to the conversion of LLP as “TGIF Agribusiness LLP” into Public Limited
    Company as TGIF Agribusiness Limited.
TGIF Agribusiness Ltd. Object of Issues

1. Purchase of agricultural equipments and irrigation system
2. To meet Working Capital requirements
3. General Corporate Purpose

TGIF Agribusiness Ltd. IPO Listing Details
Listing Date
15 May 2024
BSE Script Code
TGIFAGRI
ISIN
INE0SMU01015
Final Issue Price
₹ 93
TGIF Agribusiness Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 93.00 -
Open ₹ 150.00 -
Low ₹ 142.50 -
High ₹ 156.80 -
Last Trade ₹ 142.50 -
TGIF Agribusiness Ltd. Company Promoters

1. Niraj Chhaganraj Gemawat
2. Rachana Niraj Gemawat

Industry Overview

India is one of the major players in the agriculture sector worldwide and it is the primary source of livelihood for ~55% of India’s population. India has the world's largest cattle herd (buffaloes), the largest area planted for wheat, rice, and cotton, and is the largest producer of milk, ... Read more

TGIF Agribusiness Ltd. Contact Details
Address: A/52, Fairy Society, 5th Floor, Corporate House, Bodakdev, Ahmedabad Gujarat - 380054
Phone no:49887770
49887770
|
TGIF Agribusiness Ltd. IPO Registrar
Bigshare Services Private Limited.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
TGIF Agribusiness Ltd. IPO Lead Manager(s)
Hem Securities Ltd.
NO. 904, A Wing, 9th Floor, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Mumbai Maharashtra - 400013
49060000

FAQs

When does TGIF Agribusiness Ltd. IPO opens and closes?

TGIF Agribusiness Ltd. IPO opens from 8th May to 10th May 2024.

What is the size of TGIF Agribusiness Ltd. IPO?

The size of the TGIF Agribusiness Ltd. IPO is ₹3.36 Cr.

What is the minimum investment and lot size required for the TGIF Agribusiness Ltd. IPO?

The minimum investment required is ₹1,11,600 and minimum lot size is 1200 shares.

When is TGIF Agribusiness Ltd. IPO listing date?

The TGIF Agribusiness Ltd. IPO will be listed on 15th May 2024.

What is the objective of TGIF Agribusiness Ltd. IPO?

1. Purchase of agricultural equipments and irrigation system
2. To meet Working Capital requirements
3. General Corporate Purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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