- Business
- Shree Tirupati Balajee FIBC Ltd (TIRUPATI.NS) manufactures and supplies Flexible Intermediate Bulk Containers (FIBCs), PP woven sacks, woven fabrics, webbing, narrow woven belts, and tarpaulins for industrial packaging applications. The company produces specialized FIBCs including Type C conductive bags, UN certified bags, form stable baffle bags, sift resistant bags, bags with specialty liners (form fit, heat resistant for cement and fly ash), single/double loop bags, tunnel lift bags, builder bags, and fertilizer bags; woven fabrics such as un-laminated and laminated PP/HDPE variants and tarpaulin rolls; and bags/sacks featuring PP/HDPE materials with multi-color printing. Its production facilities, equipped with state-of-the-art machinery and holding ISO 9001:2015, ISO 14001:2015, ISO 22000:2018, ISO 45001:2018, BRCGS, SEDEX, and HALAL certifications, support an annual capacity of approximately 8,000 MT for FIBCs and 4,000 MT for fabric, with a sales turnover exceeding USD 66.59 million. Founded in 2009 and headquartered in Indore, Madhya Pradesh, India, with primary manufacturing in Pithampur SEZ Phase-II, the company serves domestic markets and exports to Europe, Australia, Africa, the United States, and other regions, targeting industries such as chemicals, food, pharmaceuticals, mining, agriculture, fertilizers, and waste disposal. In recent developments, Shree Tirupati Balajee FIBC Ltd operates as a key subsidiary within the Shree Tirupati Balajee Group, alongside affiliates like Honourable Packaging Private Limited (HPPL), Jagannath Plastics Private Limited (JPPL), and the holding company Shree Tirupati Balajee Agro Trading Company Limited, which completed its IPO listing on BSE and NSE in September 2024 to fund debt repayment, working capital, and investments across group entities including this company. The group continues to pursue capacity expansions, facility upgrades, and strategic investments in subsidiaries as outlined in its FY2024-25 annual reporting, enhancing operational scale amid growing global demand for customized bulk packaging solutions.