Shree Tirupati Balajee FIBC Ltd. Stock Analysis TIRUPATI.NS

Shree Tirupati Balajee FIBC Ltd. engages in the provision of manufacture and supply of High-Density Polyethylene, Polypropylene woven sacks, and Flexible Intermediate Bulk Container, PP/HDPE Fabric, fabrics and Tarpaulin for domestic as well as export markets. The company is headquartered in Pithampur, Madhya Pradesh and currently employs 626 full-time employees. The company went IPO on 2017-10-05. The firm is involved in the manufacturing and supply of flexible intermediate bulk containers (FIBCs), jumbo bags, all kinds of plastic woven sacks, polyethylene-lined gunny bags, yarn, laminating materials, resins, wax, and any plastic items. The firm's product range includes various types of Polypropylene (PP) woven products, namely: PP woven sacks (Laminated and Un-laminated, and Biaxially oriented polypropylene (BOPP) coated), PP Fabric (Tubular/Flat) FIBCs (Tubular, Tubular-coated, U-panel, and four-panel), and Builder Bags. The firm has an annual production capacity of approximately 8000 metric tons (MT) for FIBCs/Jumbo Bags and over 4000 MT for manufacturing fabrics at its plants located at Pithampur in Dhar district of Madhya Pradesh. STB International Private Limited is a subsidiary of the Company.