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TBI Corn Limited IPO

TBI Corn Limited was a SME IPO in the Other Agricultural Products sector, offered at ₹90–₹94 per share to raise ₹45 crore. It listed on 7 Jun 2024 at ₹198 and closed its first day at ₹208, a listing gain of +121.2% versus the ₹94 issue price. It now trades around ₹69 (-27.1% versus the issue price).

Frequently asked questions

What were the TBI Corn Limited IPO listing gains?
TBI Corn Limited listed on 7 Jun 2024 at ₹198, closing its first day at ₹208 — a listing gain of +121.2% versus the ₹94 issue price.
What was the price band and lot size of the TBI Corn Limited IPO?
The price band was ₹90–₹94 per share, with a minimum lot of 1,200 shares (₹1,12,800 at the upper band).
Who were the registrar and lead manager for the TBI Corn Limited IPO?
KFin Technologies Limited was the registrar, and Swastika Investmart was the book-running lead manager.