Shree Tirupati Balajee Agro Trading Company IPO GMP History
Shree Tirupati Balajee Agro Trading Company IPO has been listed on September 12, 2024 at a listing price of ₹90, against the issue price of ₹83 — a gain of ₹7 (+8.43%). The GMP peaked at ₹42 on 10 September 2024 and reached a low of ₹7 on 4 September 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Shree Tirupati Balajee Agro Trading Company IPO raised ₹169.65 Cr. through its IPO at a price band of ₹78 to ₹83 per share, with a lot size of 180 shares. The IPO was open for subscription from 05 Sep 2024 to 09 Sep 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:50 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 11 Sep 2024 | ₹ 40 | ▼ | 48% | — | — |
| 10 Sep 2024 | ₹ 42 | ▲ | 51% | — | — |
| 09 Sep 2024 | ₹ 35 | ▲ | 42% | — | — |
| 07 Sep 2024 | ₹ 28 | ▲ | 34% | — | — |
| 06 Sep 2024 | ₹ 25 | ▲ | 30% | — | — |
| 05 Sep 2024 | ₹ 15 | ▲ | 18% | — | — |
| 04 Sep 2024 | ₹ 7 | ▼ | 8% | — | — |
| 03 Sep 2024 | ₹ 10 | — | 12% | — | — |
Shree Tirupati Balajee Agro Trading Company IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 05 Sep 2024
- Close 09 Sep 2024
- Allotment 10 Sep 2024
- Refund/credit 11 Sep 2024
- Listing 12 Sep 2024
Shree Tirupati Balajee Agro Trading Company IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹83 |
|---|---|
| GMP-based estimate (pre-listing) | ₹123 (+48.2%) |
| Listing gain / loss | +₹7 per share |
| Listing date | 12 Sep, 2024 |
| Actual listing price | ₹90 (+8.43%) |
Is Shree Tirupati Balajee Agro Trading Company IPO GMP reliable?
Grey market premium for Shree Tirupati Balajee Agro Trading Company IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Shree Tirupati Balajee Agro Trading Company IPO full review for a fundamentals-based assessment before making any grey market trades.
Shree Tirupati Balajee Agro Trading Company IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Shree Tirupati Balajee Agro Trading Company IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Shree Tirupati Balajee Agro Trading Company IPO
Shree Tirupati Balajee Agro Trading Company Limited is a packaging solutions provider.
It makes and supplies flexible intermediate bulk container (FIBC) jumbo bags, UN-certified bags, container liner bags, bags made from recycled PP, speciality PP woven bags and BOPP printed small bags.
Its products serve industries such as construction, agriculture and others. It works through subsidiaries including HPPL, STBFL and JPPL. Its promoter is Binod Kumar Agarwal.
The IPO was Rs 169.65 crore, with Rs 122.43 crore of fresh issue and Rs 47.23 crore of offer for sale by the promoter. Fresh money was planned for repaying borrowings of the company and its subsidiaries and for working capital.
Frequently asked
What is the GMP of Shree Tirupati Balajee Agro Trading Company IPO?
The current Grey Market Premium (GMP) of Shree Tirupati Balajee Agro Trading Company IPO is ₹ 40.
What is the Kostak Price of Shree Tirupati Balajee Agro Trading Company IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Shree Tirupati Balajee Agro Trading Company IPO is not available.
What is the Subject to Sauda Price of Shree Tirupati Balajee Agro Trading Company IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Shree Tirupati Balajee Agro Trading Company IPO?
Shree Tirupati Balajee Agro Trading Company IPO listed on September 12, 2024 at ₹90, against the issue price of ₹83 — a gain of +8.43%.
How did the GMP of Shree Tirupati Balajee Agro Trading Company IPO trend before listing?
The GMP of Shree Tirupati Balajee Agro Trading Company IPO was falling in its final days before listing. The GMP peaked at ₹42 on 10 September 2024. View the day-wise table above for the complete GMP history.
Explore Shree Tirupati Balajee Agro Trading Company IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
