Live GMP Logo
TGIF Agribusiness Limited

TGIF Agribusiness Limited

smelisted
Registrar: BIGSHARE SERVICES PRIVATE LIMITED · Listing 2024-05-15
IPO Timeline
Today · 21 Oct 2026
Opens
08 May 2024
Closes
10 May 2024
Allotment
10 May 2024
Refund
14 May 2024
Demat
13 May 2024
Listing
15 May 2024
Price Band
₹93–93
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹111,600
Subscription
0x
Issue Size
₹6.39 Cr
Open
2024-05-08
Close
2024-05-10
Listing
2024-05-15

About the company

## **About TGIF Agribusiness Limited** Incorporated just a year ago in 2023, TGIF Agribusiness Limited swiftly emerged as a prominent player in the horticulture sector. Situated amidst the picturesque locales of Ajari, Kasindra, and Kojra villages within the Pindwara tehsil of Sirohi district, Rajasthan, their sprawling farmland spans over 110 acres. Specializing in the cultivation of pomegranates, dragon fruits, and Sagwan trees, TGIF Agribusiness Limited boasts a diversified portfolio that also includes lemon, watermelon, and chilly. The company's commitment to quality and safety standards is unwavering. From meticulous plant care to stringent quality control measures, including the use of premium fertilizers and pesticides, every step is taken to ensure the integrity of their produce. Embracing modern agricultural practices, they employ drip irrigation systems across all farms, optimizing water usage while maximizing crop yield. Post-harvest, a state-of-the-art facility ensures product hygiene and integrity, safeguarding against contamination. Tailoring packaging to individual client specifications, TGIF Agribusiness Limited prioritizes customer satisfaction from farm to doorstep. Their clientele encompasses a wide spectrum, ranging from retailers and wholesalers to retail chain stores, hypermarkets, and mandis. Operating under a B2B model, pricing negotiations occur after clients personally evaluate both the farm and its produce. Looking ahead, TGIF Agribusiness Limited aims to bridge the gap between farm and table through their Direct2home service, facilitating direct orders from local customers with farm-to-doorstep delivery. TGIF Agribusiness Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Purchase of agricultural equipments and irrigation system 1. To meet Working Capital requirements  1. General Corporate Purpose

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 15 May 2024
      Listed 889 days ago
      1. IPO Opens

        Completed
        08 May 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        10 May 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        10 May 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        14 May 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        13 May 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        15 May 2024

        Shares list on NSE / BSE

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

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹93
      Min Investment (1 lot)
      ₹111,600
      Price Band
      ₹93–93
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹111,600
      Max amount
      ₹111,600
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹223,200
      Max amount
      ₹223,200

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹3.2 Cr
      Shares offered
      343,549
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹0.96 Cr
      Shares offered
      103,065
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹2.24 Cr
      Shares offered
      240,484
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).