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Thaai Casting Ltd

Thaai Casting Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹77
₹77
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹77
Based on GMP
Min. Investment
₹123,200
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
15 Feb 2024
Close Date
20 Feb 2024
Allotment
21 Feb 2024
Listing Date
22 Feb 2024
Exchange
NSE SME
Price Band
₹77
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹77
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
61,29,600 shares (aggregating up to ₹47.20 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹123,200
1 lot
Pre-IPO Holding
1,70,00,000 shares
Promoters
Post-IPO Holding
2,31,29,600 shares
Promoters
P/E (Pre)
25.99x
 
P/E (Post)
12.07x
 
EPS (Pre)
₹2.96
 
EPS (Post)
₹6.38
 
UPI Deadline
2024-02-20
Mandate
Anchor AllotmentWed, 14 Feb 2024
Basis of AllotmentWed, 21 Feb 2024
Refund InitiationWed, 21 Feb 2024
Demat CreditThu, 22 Feb 2024
Listing DayThu, 22 Feb 2024
UPI Mandate Deadline2024-02-20
Sale TypeFresh Capital
Net Offer to Public57,82,400 shares (aggregating up to ₹44.52 Cr)
Market Maker Quota3,47,200 shares (aggregating up to ₹2.67 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Thaai Casting Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 20 Feb 2024.
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)
Market Maker
Awaited
347,200
 — ₹2.67
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
6,129,600
 100% ₹47.20
IPO Shares Offered
Thaai Casting Ltd IPO total issue size: ₹47.20 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 347,200 ₹2.67
5.66%
Total 6,129,600 ₹47.20
100.00%
* Based on upper price band ₹77 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹77.00
Upper Band
Min Investment
₹123,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹246,400
Retail (Max — 13 Lots)1320,800₹1,601,600
S-HNI (Min — 14 Lots)1422,400₹1,724,800
B-HNI (Min — 68 Lots)68108,800₹8,377,600
* Issue Price ₹77 × Lot Size 1,600 shares
IPO Schedule
Anchor
14 Feb 2024
✓ Done
IPO Open
15 Feb 2024
✓ Done
IPO Close
20 Feb 2024
✓ Done
Allotment
21 Feb 2024
✓ Done
Refunds
21 Feb 2024
✓ Done
Demat Credit
22 Feb 2024
✓ Done
Listing Day
22 Feb 2024
✓ Done
Thaai Casting Ltd — Live Price LIVE
₹77.00
INR · NSE
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Issue ₹77.00 Live Price
About Thaai Casting Ltd
Incorporated in June 2010, Thai Casting Limited is an automotive ancillary company specializing in High-Pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. The company has three business verticals:-High Pressure Die CastingMachining of Ferrous and Non-FerrousInduction Heating and QuenchingThaai Casting is an IATF 16949: 2016 certified company.The company offers a wide range of automotive components, such as engine mounting support brackets, transmission mounts, fork shift and housing, steering wheel armatures, electrical connectors, YFG base frames (both right-hand and left-hand drive side), housing, top cover, and more. The manufacturing unit is located in No Tiruvallur, Tamil Nadu, India,The company has a die-making facility for new product development according to the required specifications. The die maintenance process is done with utmost care to ensure the dies run continuously and have a longer lifespan.As of September 30, 2023, the company employs 132 people in various departments.
Objects of the Issue
1
To meet out the Capital Expenditure;
2
To meet out the General Corporate Purposes; and
3
To meet out the Issue Expenses.
Thaai Casting Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹3,841.9
31 Mar 2022
₹4,911.6
31 Mar 2023
₹4,848.9
31 Oct 2023
Profit After Tax (PAT)
₹115.4
31 Mar 2022
₹503.7
31 Mar 2023
₹860.9
31 Oct 2023
Particulars31 Oct 202331 Mar 202331 Mar 2022
Revenue from Operations 4848.91 4911.64 3841.94
EBITDA N/A N/A N/A
Profit After Tax (PAT) 860.93 503.71 115.40
Net Worth 4116.94 1617.31 894.84
Total Assets 14638.25 5498.52 3752.29
Reserves & Surplus 620.78 N/A N/A
Borrowings 7830.03 2985.10 2351.15
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
P/BV Ratio
8.10
RoE
13%
RoNW
40.10%
Debt/Equity
1.85
Issue Structure & Shareholding
Total Shares Offered61,29,600 (100.00%)
Net Offer to Public57,82,400 shares (aggregating up to ₹44.52 Cr)
Reserved for Market Maker3,47,200 shares (aggregating up to ₹2.67 Cr)
Pre-Issue Promoter Holding1,70,00,000 shares
Post-Issue Promoter Holding2,31,29,600 shares
P/BV Ratio8.10
RoE13%
RoCEN/A
Debt / Equity1.85
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR 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 Thaai Casting Ltd IPO subscribed? ▲

Thaai Casting Ltd IPO is subscribed 1.00 times by Feb 20, 2024. 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 Thaai Casting Ltd IPO retail subscription status? ▼

The Thaai Casting Ltd IPO retail category is subscribed 1.00 times as of 20 Feb 2024. The retail portion is oversubscribed.

How to subscribe Thaai Casting Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 15 Feb 2024 and closes 20 Feb 2024. Min investment: ₹123,200 (1 lot = 1,600 shares). UPI mandate: 2024-02-20.

How many times Thaai Casting Ltd IPO subscribed? ▼

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

How to check Thaai Casting Ltd IPO allotment? ▼

Check allotment on the registrar website (Purva Sharegistry (India) Pvt.Ltd) at https://www.purvashare.com/investor-service/ipo-query. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Feb 2024. Refunds: on 21 Feb 2024.

When Thaai Casting Ltd IPO will be listed? ▼

The Thaai Casting Ltd IPO listing date is 22 Feb 2024, Thursday. Listed on: NSE SME. Issue price: ₹77. Estimated listing: ₹77. GMP: NIL.

When Thaai Casting Ltd IPO close? ▼

The Thaai Casting Ltd IPO closes on 20 Feb 2024, Tuesday. UPI mandate: 2024-02-20. Allotment: 21 Feb 2024. Listing: 22 Feb 2024.

Quick Actions
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Live Price LIVE
Last Price₹77.00
Change—
Issue Price₹77.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹77
Face Value₹10
Lot Size1,600 Sh
Min. Amount₹123,200
GMPNIL
Est. Listing₹77
Subscribed1.00x
Open Date15 Feb 2024
Close Date20 Feb 2024
Allotment21 Feb 2024
Listing Date22 Feb 2024
ExchangeNSE SME
UPI Deadline2024-02-20