TBI Corn Ltd Company Summary

TBI Corn Limited, promoted by Mr. Yogesh Laxman Rajhans was earlier registered as a Partnership Firm as The Best India, pursuant to a Deed of Partnership dated 24th February, 2000. Afterwards, The Best India got converted from Partnership Firm to a Limited Company asTBI Corn Limited and received a Certificate of Incorporation dated 22nd June, 2022 issued by the Registrar of Companies, Pune.

Prior to incorporation, Company was into manufacturing yeast processing in 1990. It commenced the business in 2000 as a Partnership Firm with three founding partners, Mr. Yogesh Laxman Rajhans, with 2 others , who then named this venture The Best India.

in 2004, it got into corn bran and corn powder production. In period 2005-10, it expanded into maize and poultry industries and after that diversified into broken maize supply in 2011-12. It launched Maka Poha in 2013-14 and became a fully automated, ISO 22000:2018 compliant food processing unit in 2015-16.The Company, is an ISO 9001:2015 and ISO 22000:2018 certified company, and a prominent player in corn milling industry.

Located in the Sangli district of Maharashtra, India, Company specialize in production of high-quality Corn / Maize Grits, flour and other related products. It is carrying a production capacity of 270 TPD to produce quality maize grits for snack food. The high-tech mill is provided with cleaning, classifying, conditioning, de-germination and milling sections.

The efficient cleaning and classifying equipment ensure removal of coarseand fine impurities from the raw material. The Company offers a diverse range of corn products, including 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. Its products serve the serve the snack manufacturing, food processing, namkeen, textile, chemical, cattle feed industries across India and are exported to markets in the Gulf, Asia, and Africa, with expansion into Europe and the US underway.On 4 June 2024, Company came up with the IPO comprising a fresh issue of 47,80,800 equity shares bearing the face value Rs 10 each and raised Rs 44.94 crores.