IPO Synopsis


TGIF Agribusiness Ltd

Registered Office: A/52 Fairy Society 5th Floor,Corporate House Bodakdev, Ahmedabad - 380054, Gujarat, India.
Phone : +079 4988 7770   Fax:
Email :  cs@tgifagribusiness.com  
Website :  www.tgifagri.com

Initial public offer of upto 6,87,600 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Tgif Agribusiness Limited ("The Company" or "The Issuer") at an issue price of Rs. 93 per equity share for cash, aggregating up to Rs. 6.39 crores ("Public Issue") out of which 34,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 93 per equity share for cash, aggregating Rs. 0.32 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 6,52,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 93 per equity share for cash, aggregating upto Rs. 6.07 crores is here in after referred to as the "Net Issue". The public issue and net issue will constitute 26.57% and 25.23% respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens on Closes On Application Allotment
08-May-24 10-May-24 93.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 1200   Further Multiples of : 1200
  Rs(Cr.) Lead Managers to the Issue
Project Cost 5.87 Hem Securities Ltd
Project Financed through Current Offer 6.39  
Post Issue Equity Share Capital 2.59  
Issue Price 93.00  

Project

  • Purchase of agricultural equipment & irrigation systems
  • To meet working capital requirements
  • General corporate purposes

Promoted By

Niraj Chhaganraj Gemawat

Rachana Niraj Gemawat

Listing At

BSE - SME

Registrar to the Issue

No Data Available