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