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IPO Status: Listed [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 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 48.3 |
| IPO Issue Type: | Book Build Issue |
| 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 |
| IPO Discount: | TBD |
| Promoter Holding Pre IPO: | 56.09% |
| Promoter Holding Post IPO: | TBD |
| Allotment Status: | Allotment Status |
| BSE Code: | 543327 |
| NSE Code: | EXXARO |
Get important updates regarding Exxaro Tiles IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 11th Aug 2021 |
| Refunds Initiation* | 12th Aug 2021 |
| Credit of Shares to Demat* | 13th Aug 2021 |
| IPO Listing Date* | 16th Aug 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹118-120 |
| Market Lot: | 125 Shares |
| 1 Lot Amount: | ₹15000 |
| Min Small HNI Lots(2-10 Lakh): | 1750 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 16-08-2021 | 120 | 5 | -- | ₹125 (4.17%) | 16-Aug-2021 8:46 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
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 |
| 2008 | Tiles | ₹161.09 Cr | http://www.exxarotiles.com/ |
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | EMP | Total | |
|---|---|---|---|---|---|---|
| # of Shares Offered | 1,315,550 (11.49%) | 4,604,425 (40.21%) | 5,262,200 (45.96%) | 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 |
| 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 |
Last Updated on 27-Sep-2021 10:43:41
