IPO Status: Closed [4th Aug 2021 to 6th Aug 2021]
Exxaro Tiles, a tile manufacturing company IPO of Rs. 161.09 Cr opens for subscription on 4 August and closes on 6 August. It is a book-building IPO that price band is fixed at Rs. 118-120, the floor price is 11.8 times and the cap price is 12 times of the face value. The IPO lot size is 125 shares. Stay updated to get a complete update about the Exxaro Tiles IPO including business overview, financials, strengths, weaknesses, and more.
|IPO Issue Opening Date:||4th Aug 2021|
|IPO Issue Closing Date:||6th Aug 2021|
|IPO Issue Price:||₹118-120|
|IPO Listing At:||BSE, NSE|
|IPO Issue Type:||Book Built Issue IPO|
|IPO Issue Size:||₹161.09 Cr|
|Offer for Sale:||2,238,000 Eq Shares at ₹118-120 each [Aggregating up to ₹26.86 Cr]|
|Fresh Issue:||11,186,000 Eq Shares at ₹118-120 each [Aggregating up to ₹134.23 Cr]|
|Face Value:||₹10 Per Equity Share|
|Market Lot:||125 Shares|
|Min Retail Qty:||125 shares (1 lot)|
|Max Retail Qty:||1625 shares (13 lots)|
|Promoter Holding Pre IPO:||56.09%|
|Promoter Holding Post IPO:||TBD|
Exxaro Tiles is engaged in the manufacturing and marketing of different types of vitrified tiles used for flooring solutions. The product portfolio is mainly categorized into two parts; 1. Double Charge Vitrified Tiles (double pigment layer), and 2. Glazed Vitrified Tiles are made of ceramic materials such as clay, feldspar, quartz, and other additives. It currently has 1,000+ product designs in 6 varied sizes. Topaz Series, Galaxy Series, and High Gloss Series are some of the well-established brand series of Exxaro Tiles.
The firm sells its products to a large dealer network of 2000+ registered dealers. Its products are being supplied for various infrastructure projects whether commercial, residential, educational institutions, hotels, hospitals, government, builders or developers, religious institutions, etc. Its products are not only supplied in the domestic market but also exported to various countries across the globe.
The company has state-of-the-art manufacturing facilities at Padra and Talod, Gujarat with a combined installed production capacity of 1,32,00,000 Sq. mt. per annum. Unit II manufacturing plant is one of the single largest plants for glazed vitrified tiles in India.
|Incorporation||Sector||IPO Issue Size||Website|
In this section we have covered all important dates related to Exxaro Tiles IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.
|IPO Issue Open||4th Aug 2021|
|IPO Issue Close||6th Aug 2021|
|Basis of Allotment Finalisation Date*||11th Aug 2021|
|Refunds Initiation*||12th Aug 2021|
|Credit of Shares to Demat Account*||13th Aug 2021|
|IPO Listing Date*||16th Aug 2021|
* - Tentative Dates
The table below is live update of IPO bidding details from NSE and BSE.
|# of Shares Offered||1,315,550||4,604,425||5,262,200||268,500||11,450,675||1||4th Aug 2021 17:03||1.11x||0.65x||9.29x||0.74x||4.67x||2||5th Aug 2021 17:03||1.65x||0.93x||21.11x||1.56x||10.30x||3||6th Aug 2021 18:52||17.67x||5.36x||40.05x||2.53x||22.65x|
Past performance and financial results of Exxaro Tiles.
|Exxaro Tiles Ltd Financials||31-Mar-2021||31-Mar-2020||31-Mar-2019||31-Mar-2018|
|Total Assets||₹369.31 Cr||₹387.01 Cr||₹356.84 Cr||₹368.90 Cr|
|Total Income||₹259.86 Cr||₹243.95 Cr||₹244.06 Cr||₹221.25 Cr|
|Net Profit/Loss||₹15.22 Cr||₹11.26 Cr||₹8.92 Cr||₹9.15 Cr|
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Exxaro Tiles IPO DRHP >>Document
Exxaro Tiles IPO RHP >>Document
Exxaro Tiles IPO Allotment Status >>Link
Last Updated on 2021-08-16T11:40:02+00:00
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Exxaro Tiles IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Exxaro Tiles IPO with Zerodha.
Alternate approch to apply in Exxaro Tiles IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
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To subscribe or apply in Exxaro Tiles IPO, you can use the following methods:
|Exxaro Tiles IPO Applying Mode||Method||Details|
|Online Application||3-in-1 Trading Account|
If your broker is 3-in-1 service provider, you can apply in Exxaro Tiles IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.
|Online Application||2-in-1 Trading Account|
Brokers like Zerodha, TradeSmart Online provides access to applying in Exxaro Tiles IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.
This is one of the most popular mode of applying in Exxaro Tiles IPO. Most of the Syndicate Banks provide access to apply in Exxaro Tiles IPO via ASBA process. You must have your net banking access, DP ID information to apply in Exxaro Tiles IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.
|Offline Application||Physical Form|
You can apply in Exxaro Tiles IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.
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Applying in Exxaro Tiles IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Exxaro Tiles IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.
For more details on how to use UPI payment method to apply Exxaro Tiles IPO, please refer article >> Link
Steps to download the online application form for Exxaro Tiles IPO
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Exxaro Tiles IPO is going to be list on 16-08-2021. NSE Code for Exxaro Tiles is EXXARO . BSE Code for Exxaro Tiles is 543327.
Other relevant questions:When Exxaro Tiles IPO will be listing? Exxaro Tiles IPO NSE listing date?Exxaro Tiles IPO date of listing.Exxaro Tiles IPO BSE listing date?
Exxaro Tiles IPO Allotment Date is 11-08-2021.
Other relevant questions:Exxaro Tiles IPO share allotment date?Exxaro Tiles IPO allotment date?