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Shree Tirupati Balajee Agro Trading Company Limited IPO Message Board (Page 9)

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44. IPO Investor Delhi |   Link |  Bookmark | September 9, 2024 12:28:22 PM (200+ Posts)
Off topic- Any one who has filed ITR before 05th July under new regime taking rebate under 87A and received demand notice now since rebate is now denied under new regime for STCG. My ITR is still not processed. I filed under new regime prior to 05th july and at that rebate was allowed for STCG. Jinki ITR process ho gayi ho kripiya wo prakash daalein
43. kaizen |   Link |  Bookmark | September 9, 2024 12:24:14 PM
Why there is sudden spike in gmp??
I am new to the market can anyone explain please!!
42. VVIIPP |   Link |  Bookmark | September 9, 2024 11:54:25 AM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
Those who are 𝐧𝐨𝐭 applying, react here.
👍
42.1. Value Invstr |   Link |  Bookmark | September 9, 2024 12:11:48 PM
Skipping this as nothing exciting (except GMP!)
41. NAPSTER |   Link |  Bookmark | September 9, 2024 10:39:34 AM (300+ Posts)
can anyone update current gmp
investorgain is showing 72%
41.1. Alien |   Link |  Bookmark | September 9, 2024 11:02:48 AM
gmp 60 rs 72%
40. Love |   Link |  Bookmark | September 9, 2024 1:10:08 AM
Ye bhi link intime ka hi hai gala ki tarah agr isne funds atka diye to to gue bajaj ka ipo mere haato se
Gala ke to abhi tk blocked hai isme aisa na ho
39. Dineshbhai I Patel |   Link |  Bookmark | September 8, 2024 11:49:11 PM
क्या ये आईपीओ में एक ही application में 3 bids में se 1 bid में b.hni के 67 lots और 2 bid में 14 lots एक साथ application हो सकती है?
39.1. Anari Investor |   Link |  Bookmark | September 9, 2024 12:14:09 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
I would also like to know the answer to the question of @Dineshbhai I Patel .
I never tried to know this as I apply for single bid for stocks and single rate always.
39.2. Iposs |   Link |  Bookmark | September 9, 2024 12:47:39 AM (400+ Posts)
Two bids are primarily for bidding at two different prices. Most IPOs get alotted at upper price band now a days so not much point in my view.
38. sonal patel |   Link |  Bookmark | September 8, 2024 11:27:29 PM
IPO Guru IPO Guru (1600+ Posts, 5800+ Likes)
Gmp of Tirupati Balaji is 40 - 42 rs.
37. Bullish |   Link |  Bookmark | September 8, 2024 10:44:20 PM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Bajaj k ipo ki wajah se baki 3 ipos me subscribe nhi kar payege bahot sare retailres kross PN tolins
37.1. Manan Surana |   Link |  Bookmark | September 9, 2024 12:09:42 PM
IPO Mentor IPO Mentor (900 Posts, 200+ Likes)
kyu unblock nhi honge kya 11th ko?
37.2. Dr.Vanraj chavda |   Link |  Bookmark | September 9, 2024 12:26:15 PM (200+ Posts)
True.
Cross tolins Balaji bajaj same dates.
PNJ also ends on 12 so nobody would be able to apply with the same fund.

All are small ipos , However one can keep some funds for PNJ as it a 1100 cr ipo and chances will be more if funds available
36. Keshavk |   Link |  Bookmark | September 8, 2024 11:30:09 AM
Which banks allow to apply for IPO ASBA (BHNI) against Sweepin Or linked FD. Please help
36.7. Vimal Garodia |   Link |  Bookmark | September 9, 2024 10:07:52 AM
IPO Guru IPO Guru (3500+ Posts, 4000+ Likes)
@imsaurabhforu No, you can create, flexi FD called Money Multiplier FD online easily..
36.8. imsaurabhforu |   Link |  Bookmark | September 9, 2024 12:59:04 PM
Ok, Thank you all for clearing my queries.
35. Ashish KS |   Link |  Bookmark | September 8, 2024 5:23:04 PM
Dear CG Members, Specially @Chhote Lal ,

1) How many lots will be allotted for S-HNI(Min) And S-HNI(Max) in case there is an allotment ?
2) How many lots will be allotted for B-HNI(Min) And B-HNI(Max) in case there is an allotment ?

Both 1 & 2 in case of oversubscription?

Thanks.
35.3. Rajiv RR |   Link |  Bookmark | September 8, 2024 5:49:37 PM
IPO Mentor IPO Mentor (1100+ Posts, 300+ Likes)
@Ashish KS In case of over subscribed IPO's SHNI Max does not make sense, all will go to lottery. Base SHNI will do..if you are lucky.
Similar case in BHNI Max, since there is no limit, most of them will get into lottery based on lot sizes. Most of the ppl will apply base BHNI.
In some case very big/ultra BHNI might have an small adv...but there is chances of missing in lottery too.
35.4. Not Smart |   Link |  Bookmark | September 8, 2024 7:45:18 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
In case of Over subscription: Minimum lots specified for sHNI catagory will be allotted for both sHNI and bHNI subscribers. 14 lots or 13 lots normally.
Difference between sHNI and bHNI : 1. For sHNI 5% of shres willbe reserved where as 10% will be reserved for bHNI. 2. The number of lots prescribed for bHNI is 5times of sHNI though the number os shres to be alloted for both are same. Hence the chances of allotment for bHNI is brighter than sHNI.
Finally these are applicable for over subscription and only for Main Board IPOs.
34. ASHLOH |   Link |  Bookmark | September 8, 2024 3:05:33 PM
@imsaurabhforu You will have to request the branch to make available the said facility giving FDR details
34.2. ASHLOH |   Link |  Bookmark | September 8, 2024 5:23:19 PM
@imsaurabhforu In case you get an allotment, you have to deposit the debited amount before 12 am. If you do not do the same, your FDR will be broken to the extent of amount dr and interest @ rate of interest for the period completed minus 1% will be credited to your account.
34.3. imsaurabhforu |   Link |  Bookmark | September 8, 2024 7:39:48 PM
Ok thanks. Do i need to ask branch to enable sweep in on my FD or something else?
Asking because, At idfc bank sweep in fd balance can not be used to apply for ipo.
33. Puunam |   Link |  Bookmark | September 8, 2024 10:51:05 AM
Off topic
Kya minor child ka demate account khulva
sakte hai which broker
Please reply me
Thanks in advance
33.1. ArvKaush |   Link |  Bookmark | September 8, 2024 7:25:44 PM (200+ Posts)
@Puunam I am using prostock.... Zerodha and some other broker also have this facility
32. MuStrFc |   Link |  Bookmark | September 8, 2024 2:47:12 PM
IPO Guru IPO Guru (3000+ Posts, 2400+ Likes)
Two LMs handling this SME like issue, PNB Investment and Unistone(handled Saraswati Saree IPO). Would have been better if the underwriting proportions of the two were shared. Anchors are the usual SME Anchors.

Company is majorly operating in FIBC Bags segment (Bulkcorp SME recently). Since the bags are the new normal for heavy goods be it solid or liquid, company has specialisation to make different quality of bags for the wide variety of goods. Industry agnostic operations visible for their products. Promoter group is experience and also has subsidiaries working in the same field, one being listed among them (Shree Tirupati Balajee FIBC Limited). Around 800 employees on payroll with attrition rates falling to 6.5% from 9.5% last year. More than 346 customers served (mostly B2B). 50% share each for domestic as well as export sales.

IPO proceeds are used to repay 31 cr of borrowings for self and 20 cr for subsidiaries so that adds around 3.21 cr to PAT and lowers the D/E ratio and P/E Ratio. Rest around 23 cr are being used to fund working capital requirements and company has outrightly given the revenue figures for FY25 as well, i.e. close to 650 cr. Margins increased due to fall in raw material prices which may not be the case going forward and if normalised, PAT remains more or less similar to FY24 even on increased revenue. Total consolidated capacity utilisation is around 84%, so additional capex is needed to increase PAT. Few one time figures adding to PAT like profit on sale of old machinery, govt subsidies.

P/E currently at 19, peers Commercial Syn (P/E 37) and Emmbi (P/E 22). Emmbi has around 4% market share and doing capex to increase from their current 30,000 MT Capacity actually makes them cheaper in forward earnings than Shree Tirupati (current 51000 MT Capacity).

Contingent liabilities around 95 cr including bank guarantees for loans.

Going by the recent small mainboard issues, this appears more for listing, but the LM combo does not necessarily make it certain. Other than biz is not very exciting to grow multifolds in a quick span of time.
32.1. ipo madness |   Link |  Bookmark | September 8, 2024 5:37:09 PM
Reading this kind of analysis always helpful to gain knowledge. Thanks.
31. RJrahul |   Link |  Bookmark | September 7, 2024 6:32:46 PM
Can anyone help how to apply pan card of new born baby
She is having birth certificate document only
31.3. RJrahul |   Link |  Bookmark | September 8, 2024 11:31:20 PM
Thanks for replying
@Rajiv RR @Iranna 

Means adhar is mandatory for pan card

And without pan we cannot apply ipo from minor account
31.4. Rajiv RR |   Link |  Bookmark | September 8, 2024 11:32:35 PM
IPO Mentor IPO Mentor (1100+ Posts, 300+ Likes)
@RJrahul Yes, Aadhaar is mandatory for obtaining or linking with a PAN card
30. Phosop |   Link |  Bookmark | September 7, 2024 12:44:22 PM
dear friends, I have a question..
lets say an ipo was allotted to my father and he has significant unrealised gain on it... he transferred those shares to me.. now, on whose side the gain will be counted? does the price at which i got the shares from my father becomes my cost of acquisition of shares ?
30.2. Phosop |   Link |  Bookmark | September 7, 2024 1:12:43 PM
Thanks @Vibhor Saxena ji
30.3. Not Smart |   Link |  Bookmark | September 7, 2024 7:53:08 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
The capital gains fall on to your account.
29. Not Smart |   Link |  Bookmark | September 7, 2024 7:42:03 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
To distribute the funds available between Tirupathi and My Mudra (SME) on watching the subscription numbers on last day ie. Monday the 9th. Sep.
28. Not Smart |   Link |  Bookmark | September 7, 2024 7:39:12 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Capital Market Rating 40/100- " Avoid, however active risk seekers can try"
27. sonal patel |   Link |  Bookmark | September 7, 2024 4:30:11 PM
IPO Guru IPO Guru (1600+ Posts, 5800+ Likes)
Gmp of Tirupati Balaji is 38 - 40 rs..
26. Akash Goyal |   Link |  Bookmark | September 7, 2024 1:47:33 PM
Hi can anybody please tell where can i find the data of total number of applications for current/ past IPOs
26.2. Chhote Lal |   Link |  Bookmark | September 8, 2024 9:00:27 AM
IPO Mentor IPO Mentor (6100+ Posts, 4500+ Likes)
@Akash Goyal In Chittorgarh.com itself, you will find such data. Data regarding actual applications made for each category is available in BoA (Basis of Allotment) document. Look for link BoA at top of IPO page.

26.3. deepak hisar |   Link |  Bookmark | September 8, 2024 11:52:25 AM
haan ji khulva sakte h
kisi bhi broker ke yaha khulva lo
ye online nahi khulega
iske liye broker ke pass jana hoga
25. Focal Fossa |   Link |  Bookmark | September 7, 2024 12:23:12 PM
Max 50x Retail Subscription is expected, normally it would have been around 80-90x. Seems Bajaj Housing Finance IPO has created ripples, aaage pichhe ke sabhi IPOs me funding disrupt ho gyi, investors, particularly Retail & SHNIs are concerned about timely unblocking of funds. My Gala funds are still block.

As a retail investor, I think we should skip this IPO because there are better allotment chances in Bajaj IPO.