How To Check TBI Corn IPO Allotment Status Online
The public issue was subscribed 523.29 times in the retail category, 81.41 times in QIB category, and 516.50 times in the NII category by Tuesday, June 4.
On the last day of bidding for the TBI Corn IPO, the issue was subscribed 231.21 times led by retail investors who subscribed the issue 523.29 times. Qualified institutions (QIB) subscribed 81.41 times and non-institutional buyers (NII) subscribed 516.50 times, as per chittorgarh.com.
The IPO which aims to raise Rs 44.94 crore through the issue of 47.81 lakh fresh shares, was open for subscription from May 31 to June 4. The price band per share was set between Rs 90 to Rs 94. Investors had to apply for a minimum of 1200 shares, requiring a minimum investment of Rs 112,800.
The allotment for TBI Corn IPO is expected to be finalised on Wednesday, June 5.
Investors can check TBI Corn IPO allotment status on the official website of the registrar for IPO, Kfin Technologies Limited.
TBI Corn IPO allotment status on Kfin Technologies
Visit the Kfin Technologies website here: https://ris.kfintech.com/ipostatus/.
Click on any of the links displayed to view IPO Allotment Status.
Choose "TBI Corn Limited" from the drop-down list. (Name will be populated once the allotment is finalised)
Choose one of the three options: Application number, Demat Account number, or PAN ID.
Enter your application number or PAN or DPID.
Complete the 'captcha'.
Click the "Submit" button.
View your allotment details.
Download/print the allotment status for your records.
TBI Corn IPO Lisiting Date
The listing date for TBI Corn Limited will be Friday, June 7, and the company's shares will be listed on NSE SME.
TBI Corn IPO Timeline (Tentative Schedule)
IPO Open Date: Friday, May 31
IPO Close Date: Tuesday, June 4
Basis of Allotment: Wednesday, June 5
Initiation of Refunds: Thursday, June 6
Credit of Shares to Demat: Thursday, June 6
Listing Date: Friday, June 7
About TBI Corn Limited
TBI Corn Limited, established in 1999, is a manufacturer and exporter of Corn Meal Grits. Based in the Sangli district of Maharashtra, India, the company is certified by ISO 9001:2015 and ISO 22000:2018. They produce high-quality, GMO-free corn products, including fat-free corn grits, corn flakes, stone-free broken maize, corn flour, and turmeric fingers, all without chemical additives or preservatives. TBI Corn Limited exports to countries like Dubai, Oman, Jordan, South Africa, and Vietnam. Thier company sources the highest quality raw maize from Northern Karnataka and Andhra Pradesh, which accounts for 38% of India’s total Maize cultivation.
