TPI India Share Price Surges Over 10% on ₹13.77 Crore Order from Indian Oil

TPI India Limited has received an order from Indian Oil Corporation Limited (IOCL) for the supply of FIBC (Flexible Intermediate Bulk Container) bags. As per the filing, the contract is valued at ₹13.77 crore and will be fulfilled over a period of 2 years.

The order has been placed by a domestic entity. It involves manufacturing and supplying packaging materials for IOCL within India. There is no international component to this contract.

Execution Timeline

As per the agreement, TPI India will deliver the required quantity of FIBC bags in a phased manner over a 24-month timeline. The contract begins from the date of confirmation and spans two financial years.

The company confirmed that the order does not fall under the category of related party transactions. There is no promoter or group company interest involved in the entity awarding the contract.

The information was submitted to the Bombay Stock Exchange (BSE) and has made the disclosure available on its official website as part of its compliance practices. All communication regarding this update has been issued by the Managing Director, Bharat Chimanlal Parekh.

TPI India Background

TPI India Limited is based in Murbad, Thane district, Maharashtra. The company’s registered and corporate office, as well as its manufacturing unit, are located in the same industrial area. It holds ISO 9001:2015 certification.

TPI India Share Price Performance 

As of 9:29 AM on July 17, 2025, TPI India share price was trading at ₹18, a 10.50% increase.

Conclusion

The ₹13.77 crore order adds to TPI India’s ongoing contracts and will be delivered over the next two years. No further details on volume or delivery schedules have been disclosed in the filing.

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