Ace investor Ashish Kacholia-backed TBI Corn files draft papers for IPO
Tue, Feb 6, 2024 1:07 AM

Ace investor Ashish Kacholia-backed TBI Corn files draft papers for IPO

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TBI Corn Limited has filed the DRHP with Sebi for raising funds through a public offer, and will issue upto 50,00,000 fresh equity shares. The shares will be issued at a price band of around Rs 90-93 per share, per the sources. At the upper price band, the company will raise Rs 45 crore. Ace investor Ashish Kacholia's name features in the list of investors in TBICL, as per the DRHP document.

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