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Exxaro Tiles Ltd.

Exxaro Tiles Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹120
₹120
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹120
Based on GMP
Min. Investment
₹15,000
1 lot × 125 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
04 Aug 2021
Close Date
06 Aug 2021
Allotment
11 Aug 2021
Listing Date
16 Aug 2021
Exchange
NSE & BSE
Price Band
₹120
Listing Price
See chart
Allotment Status
Price Band
₹120
Per share
Face Value
₹10 per share
 
Lot Size
125 Shares
per lot
Issue Size
1,34,24,000 shares (aggregating up to ₹160.78 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹15,000
1 lot
Pre-IPO Holding
3,35,55,070 shares
Promoters
Post-IPO Holding
4,47,41,070 shares
Promoters
UPI Deadline
2021-08-06
Mandate
Anchor AllotmentTue, 03 Aug 2021
Basis of AllotmentWed, 11 Aug 2021
Refund InitiationThu, 12 Aug 2021
Demat CreditFri, 13 Aug 2021
Listing DayMon, 16 Aug 2021
UPI Mandate Deadline2021-08-06
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,11,86,000 shares (aggregating up to ₹133.98 Cr)
Offer for Sale22,38,000 shares of ₹10 (aggregating up to ₹26.81 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Exxaro Tiles Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Aug 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
13,424,000
100% ₹161.09
IPO Shares Offered
Exxaro Tiles Ltd. IPO total issue size: ₹161.09 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 13,424,000 ₹161.09
100.00%
* Based on upper price band ₹120 per share
Lot Size & Investment
Lot Size
125
Shares per Lot
Issue Price
₹120.00
Upper Band
Min Investment
₹15,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2250₹30,000
Retail (Max — 13 Lots)131,625₹195,000
S-HNI (Min — 14 Lots)141,750₹210,000
B-HNI (Min — 68 Lots)688,500₹1,020,000
* Issue Price ₹120 × Lot Size 125 shares
IPO Schedule
Anchor
03 Aug 2021
✓ Done
IPO Open
04 Aug 2021
✓ Done
IPO Close
06 Aug 2021
✓ Done
Allotment
11 Aug 2021
✓ Done
Refunds
12 Aug 2021
✓ Done
Demat Credit
13 Aug 2021
✓ Done
Listing Day
16 Aug 2021
✓ Done
Exxaro Tiles Ltd. — Live Price LIVE
₹120.00
INR · BSE
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Issue ₹120.00 Live Price
About Exxaro Tiles Ltd.
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.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.Competitive StrengthsVariety of vitrified tiles design choices in different sizes.  Large dealer network with 2,000+ registered dealers.Strong PAN India presence in 27 states of India.International presence with export to 13+ countries across the globe.One of the largest manufacturing plants of glazed vitrified tiles in India.
Objects of the Issue
1
1 Prepayment/repayment of certain secured borrowings availed by our Company
2
2 Funding the working capital requirements of the Company
3
3 General corporate purposes
Exxaro Tiles Ltd. Financials (Amount in Crore)
Revenue from Operations
₹244.0
31-Mar-19
₹244.0
31-Mar-20
₹259.9
31-Mar-21
Profit After Tax (PAT)
₹8.9
31-Mar-19
₹11.3
31-Mar-20
₹15.2
31-Mar-21
Particulars31-Mar-2131-Mar-2031-Mar-19
Revenue from Operations 259.85 243.96 244.01
EBITDA N/A N/A N/A
Profit After Tax (PAT) 15.22 11.26 8.92
Net Worth N/A N/A N/A
Total Assets 369.31 387.06 358.26
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered1,34,24,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,35,55,070 shares
Post-Issue Promoter Holding4,47,41,070 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Exxaro Tiles Ltd. IPO subscribed?

Exxaro Tiles Ltd. IPO is subscribed 1.00 times by Aug 06, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Exxaro Tiles Ltd. IPO retail subscription status?

The Exxaro Tiles Ltd. IPO retail category is subscribed 1.00 times as of 06 Aug 2021. The retail portion is oversubscribed.

How to subscribe Exxaro Tiles Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 04 Aug 2021 and closes 06 Aug 2021. Min investment: ₹15,000 (1 lot = 125 shares). UPI mandate: 2021-08-06.

How many times Exxaro Tiles Ltd. IPO subscribed?

The Exxaro Tiles Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Exxaro Tiles Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 11 Aug 2021. Refunds: on 12 Aug 2021.

When Exxaro Tiles Ltd. IPO will be listed?

The Exxaro Tiles Ltd. IPO listing date is 16 Aug 2021, Monday. Listed on: NSE & BSE. Issue price: ₹120. Estimated listing: ₹120. GMP: NIL.

When Exxaro Tiles Ltd. IPO close?

The Exxaro Tiles Ltd. IPO closes on 06 Aug 2021, Friday. UPI mandate: 2021-08-06. Allotment: 11 Aug 2021. Listing: 16 Aug 2021.