Exxaro Tiles Limited IPO
Mainboard₹15,000 / 125 Shares
Exxaro Tiles Limited IPO Details
The Exxaro Tiles Limited IPO price band is set between ₹118-120 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 4 Aug, 2021 and closes on 6 Aug, 2021. Investors can check the allotment status on 11 Aug, 2021, while the listing date is tentatively scheduled for 16 Aug, 2021.
The total issue size is 3,424,000 Eq Shares of ₹10 , aggregating up to ₹161.09 Cr. Stay tuned for the latest Exxaro Tiles Limited IPO review and GMP updates.
Exxaro Tiles Limited IPO Review, Rating & Analysis
Exxaro Tiles Limited IPO Review
NO REVIEWExxaro Tiles Limited IPO Rating
Exxaro Tiles Limited IPO Highlights
IPO Date
Aug 4, 2021 - Aug 6, 2021
Listing Date
16 Aug, 2021
Face Value
₹10 Per Equity Share
Price Band
₹118-120 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Exxaro Tiles Limited IPO Lot Size
The minimum market lot for Exxaro Tiles Limited IPO is 125 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹15,000 |
| Retail (Max) | 13 | 1625 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1750 | ₹2,10,000 |
| S-HNI (Max) | 66 | 8250 | ₹9,90,000 |
| B-HNI (Min) | 67 | 8375 | ₹10,05,000 |
Exxaro Tiles Limited IPO Timeline
Issue Price
₹118-120 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Pantomath Capital Advisors Pvt LtdIssue Size
3,424,000 Eq Shares of ₹10 (aggregating up to ₹161.09 Cr)Fresh Issue: 11,186,000 Eq Shares of ₹10 (aggregating up to ₹134.23 Cr)Offer for Sale: 2,238,000 Eq Shares of ₹10 (aggregating up to ₹26.86 Cr)Exxaro Tiles Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 369.31 | 259.85 | 15.22 | - | - | - |
| 31 Mar 20 | 387.05 | 243.96 | 11.25 | - | - | - |
| 31 Mar 19 | 358.25 | 244.00 | 8.91 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Mukeshkumar Patel
- Mr. Kirankumar Patel
- Mr. Dineshbhai Patel
- Mr. Rameshbhai Patel
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 56.09% | 42.5% |
About Company
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.
It supplies its products to large infrastructure projects i.e. residential, educational, commercial, hotels, hospitals, government, builders or developers, religious institutions, etc. It also exports tiles to different countries across the globe i.e. Poland, Bosnia, USA, and others.
Currently, Exxaro Tiles has 2 state-of-the-art manufacturing facilities in Padra and Talod with an installed production capacity of 1,32,00,000 sq mt per annum. It further has 6 display centers in 6 cities and 2 marketing offices in Delhi and Morbi.
Exxaro Tiles Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
34.28 times
Frequently Asked Questions about Exxaro Tiles Limited IPO IPO
When will Exxaro Tiles Limited IPO open for subscription?
The Exxaro Tiles Limited IPO opens on 4 Aug, 2021 and closes on 6 Aug, 2021.
What is the investors portion for Exxaro Tiles Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Exxaro Tiles Limited IPO?
You can apply for Exxaro Tiles Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Exxaro Tiles Limited IPO?
The issue size of Exxaro Tiles Limited IPO is approx ₹3,424,000 Eq Shares of ₹10 (aggregating up to ₹161.09 Cr)Fresh Issue: 11,186,000 Eq Shares of ₹10 (aggregating up to ₹134.23 Cr)Offer for Sale: 2,238,000 Eq Shares of ₹10 (aggregating up to ₹26.86 Cr) crores.
What is the price band of Exxaro Tiles Limited IPO?
The price band for Exxaro Tiles Limited IPO is ₹118 to ₹120 per equity share.
What is the lot size of Exxaro Tiles Limited IPO?
The minimum bid (lot size) for Exxaro Tiles Limited IPO is N/A shares with an investment of approx ₹15,000 .
What is the allotment date of Exxaro Tiles Limited IPO?
The allotment date for Exxaro Tiles Limited IPO is 11 Aug, 2021.
What is the listing date of Exxaro Tiles Limited IPO?
The listing date for Exxaro Tiles Limited IPO is expected to be 16 Aug, 2021.
What is the GMP of Exxaro Tiles Limited IPO?
The latest Grey Market Premium (GMP) for Exxaro Tiles Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.