| Issue Date | 04 Aug 2021 - 06 Aug 2021 |
| Issue Size | ₹161.09 Cr |
| Issue Price | ₹118-120 |
| Market Lot | 125 Shares |
| Shares on Offer | 13,424,000 |
| Registrar | Link Intime |
| GMP | ₹17-18 |
| Kostak | N/A |
| Subject to Sauda | N/A |
| Listing Date | 17 Aug 2021 |
| Listing Price | ₹126 |
| Listing Gain% | 5 |
Incorporated in 2008, Exxaro Tiles is engaged in the manufacturing and marketing activities of vitrified tiles. The company manufactures Double Charge Vitrified Tiles (double layer pigment) and Glazed Vitrified Tiles made from ceramic materials i.e. clay, quartz, and feldspar. Its product portfolio consists of 1000+ different designs of tiles in 6 sizes. Topaz Series, Galaxy Series, and High Gloss Series are some of the well-established products of the company.
₹161.09 crore public issue of the tile manufacturing company is going to open for subscription on 4th August 2021. The company promoters' have fixed Exxaro Tiles IPO price band at ₹118 to ₹120 per equity share, which has a face value of ₹10 per equity shares. Since, the public issue will become available for bidding from next week, grey market has started to respond to this initial public offer of the tile maker company. Exxaro Tiles shares are available at the premium price of ₹16 in the grey market today.
Mr. Mukeshkumar Patel, Mr. Kirankumar Patel, Mr. Dineshbhai Patel, and Mr. Rameshbhai Patel are the company promoters.
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 3,693.14 | 3,870.55 | 3,582.55 |
| Total Revenue (In ₹ Millions) | 2,598.53 | 2,439.64 | 2,440.06 |
| Profit After Tax (PAT) (In ₹ Millions) | 152.23 | 112.59 | 89.17 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 07 Aug 2021 | ₹17-18 | N/A | N/A |
| 06 Aug 2021 | ₹22-23 | N/A | N/A |
| 05 Aug 2021 | ₹24-25 | N/A | N/A |
| 03 Aug 2021 | ₹22-24 | N/A | N/A |
| Strength |
|---|
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 04 Aug 2021 | 1.11 | 0.65 | 9.29 | 4.67 |
| Day 2 - 05 Aug 2021 | 1.66 | 0.97 | 21.29 | 10.40 |
| Day 3 - 06 Aug 2021 | 17.67 | 5.36 | 40.05 | 22.65 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusExxaro Tiles Limited IPO will open on 04 Aug 2021 and close on 06 Aug 2021.
Exxaro Tiles Limited IPO will list on 17 Aug 2021.
The offer price of Exxaro Tiles Limited IPO is ₹118-120.
The lot size of Exxaro Tiles Limited IPO is 125.
The Grey Market Premium (GMP) price of Exxaro Tiles Limited IPO is ₹17-18.
The Kostak price of Exxaro Tiles Limited IPO is Not Available at the moment.
The Subject to Sauda price for Exxaro Tiles Limited IPO is Not Available at the moment.
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