TBI Corn Limited

About the company

## **About TBI Corn Limited** Incorporated in 2000, TBI Corn offers a diverse range of products like cleaned and fat-free Corn Grits/Meal, Corn Flakes, Stone-free Broken Maize & Corn Flour and Turmeric Finger, all manufactured without chemical additives or preservatives and GMO-free.  The company thrives on the versatility of corn as their primary raw material. Advanced processing techniques transform corn into a diverse product line, featuring maize flakes, corn flour, corn grits and broken maize.They hold certificates from MSME, APEDA, and are both Indian Organic and USDA Organic certified. They have expanded to multiple units in MIDC Miraj, occupying a total area of 15,812 SQMT (1,70,200 Sq. ft.) and equipped with modern machinery. Thier products have a global presence, including UAE, Bahrain, Qatar, Kuwait, Saudi Arabia, Oman, Yemen, Jordan, Israel, Liberia, Sri Lanka, Malaysia, Brunei, Vietnam, South Korea, and plans to venture into Europe and the US. They have successfully expanded into international markets, serving countries in the Gulf, Sri Lanka, Malaysia, Brunei, Vietnam, South Korea, and soon, Europe and the US. They  proudly supply to renowned companies across India. Their products cater to the needs of corn starch and cattle feed industries, with potential expansion in this sector. The company is a trusted name in the corn milling industry, known for its commitment to quality, innovation, and international excellence. With their expanding reach and unwavering dedication, they aim to continue providing good quality corn products to customers worldwide. Their precision-driven manufacturing ensures good quality, with strict adherence to safety standards. TBI Corn  Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Expansion of Existing Unit;  1. To Meet Incremental Working Capital Requirement;  1. General Corporate Purpose.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   31 May 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   04 Jun 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   02 Jun 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   06 Jun 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   05 Jun 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   07 Jun 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.