Exxaro Tiles is occupied with assembling and showcasing vitrified tiles utilized for ground surface arrangements. Beginning in 2007-08 as a maker of crude material for tiles, the organization has broadened, extended and developed into a producer for vitrified tiles. The organization’s business tasks are comprehensively isolated into two item classifications – Double Charge Vitrified Tiles and Glazed Vitrified Tiles
The organization supplies its items for the most part in 6 sizes. It has more than 1000 plans in its item container, which are showcased under the “Exxaro” brand. Exxaro likewise supplies divider tiles to its sellers wherein it gets the items made on re-appropriated premises..
As of March 2021, the organization has in excess of 2,000 enlisted vendors in 27 states obliging different ventures including private, business, instructive foundations, lodgings, clinics, government, strict establishments, manufacturers/designers, and so on Exxaro likewise supplies items for huge foundation related tasks. Globally, it supplies items in more than 13 nations including Poland, UAE, Bosnia and so on For the nine months finished 31 December 2020, its income from trades contributed 18.34% to its top line.
Subscription Dates | 4 – 6 August 2021 |
Price Band | INR118 – 120 per share |
Fresh issue | 11,186,000 shares |
Offer For Sale | 2,238,000 shares |
Total IPO size | 13,424,000 shares |
Minimum bid (lot size) | 125 shares |
Face Value | INR10 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
FY2018 | FY2019 | FY2020 | FY2021 | |
Revenue | 221.2 | 244.0 | 244.0 | 259.9 |
Expenses | 205.9 | 236.3 | 231.8 | 242.7 |
Net income | 9.1 | 9.0 | 11.3 | 15.3 |
Margin (%) | 4.1 | 3.7 | 4.6 | 5.9 |
Earnings Per Share (EPS): INR4.54
Price/Earnings (PE ratio): 25.99 – 26.43
Return on Net Worth (RONW): 11.88%
Net Asset Value (NAV): INR38.20 per share
Date | Exxaro IPO GMP | Kostak | Subject to Sauda |
14 August 2021 | INR10 | – | – |
13 August 2021 | INR10 | – | – |
12 August 2021 | INR7 | – | – |
11 August 2021 | INR10 | – | – |
10 August 2021 | INR10 | – | – |
9 August 2021 | INR10 | – | – |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain |
Exxaro Tiles Limited | Aug 16, 2021 | 120 | 132.25 | 10.21 |
NSE : EXXARO
BSE : 543327
ISIN CODE : INE0GFE01018
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SMC Global – 1.5/5
IPO Opening Date: 4 August 2021
IPO Closing Date: 6 August 2021
Finalisation of Basis of Allotment: 11 August 2021
Initiation of refunds: 12 August 2021
Transfer of shares to demat accounts: 13 August 2021
Listing Date: 16 August 2021
Opening Price on NSE: INR126 per share (up 5% from IPO price)
Closing Price on NSE: INR132.3 per share (up 10.25% from IPO price)
Exxaro Tiles Limited
Survey No. 169 & 170,
Vavdi Harsol Road,
Mahelav, Taluka: Talod,
District.: Sabarkantha – 383 305, Gujarat
Phone: +91 02772 350555
Email: cs@exxarotiles.com
Website: www.exxarotiles.com
Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: exxaro.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Category | Shares Offered | Day 1 | Day 2 | Day 3 |
QIB | 13,15,550 | 0.95 | 1.65 | 17.67 |
NII | 46,04,425 | 0.65 | 0.93 | 5.36 |
Retail | 52,62,200 | 9.24 | 21.10 | 39.82 |
Employees | 2,68,500 | 0.74 | 1.56 | 2.53 |
Total | 1,14,50,675 | 4.63 | 10.29 | 22.55 |
Exxaro Tiles IPO is a main-board IPO of 13,424,000 equity shares of the face value of ₹10 aggregating up to ₹161.09 Crores. The issue is priced at ₹118 to ₹120 per equity share. The minimum order quantity is 125 Shares.The initial public offering (IPO) begins on Aug 4, 2021 and ends on Aug 6, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.
The Exxaro Tiles IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.
Exxaro Tiles IPO lot size is 125 Shares and the minimum order quantity is 125 Shares.
Exxaro Tiles IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The Basis of Allotment for Exxaro Tiles IPO will be done on Aug 11, 2021, and the allotted shares will be credited to your demat account by Aug 13, 2021. Check the Exxaro Tiles IPO allotment status.
The Exxaro Tiles IPO listing date is on Monday, August 16, 2021.
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