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Exxaro Tiles Ltd. IPO

NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed
GMP +₹0 +0% Est. Listing ₹120
Issue Price
₹120
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹120
GMP based
Lot Size
125
shares / lot
Min Amount
₹15,000
1 lot · 125 shares
Opens
04 Aug
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
04 Aug 2021
Wed Completed
Done
Close Date
06 Aug 2021
Fri Completed
Done
Allotment
11 Aug 2021
Wed Completed
Done
Refund
12 Aug 2021
Thu Completed
Done
Demat Credit
13 Aug 2021
Fri Completed
Done
Listing Date
16 Aug 2021
Mon Completed
UPI Deadline: 06 Aug 2021
Issue Details
Pricing & Size
Issue Price
₹120 Face ₹10
Lot Size
125 shares
Min Investment
₹15,000
Total Issue Size
1,34,24,000 shares (aggregating up to ₹160.78 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
32,88,875 (24.50%)
NII / HNI
46,04,425 (34.30%)
Retail
52,62,200 (39.20%)
Employee
2,68,500 (2.00%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
3,35,55,070 shares
Post-Issue Shareholding
4,47,41,070 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 125 ₹15,000
HNI / NII 14 1,750 ₹2,10,000
bHNI / bNII 67 8,375 ₹10,05,000
Objects of Issue
3 objectives
1
1 Prepayment/repayment of certain secured borrowings availed by our Company
50.00 Cr
2
2 Funding the working capital requirements of the Company
45.00 Cr
3
3 General corporate purposes
23.53 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
IPO Timeline
Open
04 Aug
✓ Done
Close
06 Aug
✓ Done
Allotment
11 Aug
✓ Done
Listing
16 Aug
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
exxaro.ipo@linkintimeindia.co.in
Company Contact
Email
cs@exxarotiles.com
Phone
+02772-350555
Address
Survey No. 169 & 170, Vavdi Harsol Road, At & Po. Mahelav, Taluka: Talod, Sabar Kantha, Gujarat, 383305
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹120
Est. Listing
₹120
Lot Size
125 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB — 32,88,875 (24.50%) —
NII / HNI (Total) — 46,04,425 (34.30%) —
Retail Investors — 52,62,200 (39.20%) —
Employee Shares Offered — 2,68,500 (2.00%) —
Market Maker * 1× — —
Total ** — 1,34,24,000 (100.00%) —
* Based on ₹120.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
32,88,875 (24.50%)
NII
46,04,425 (34.30%)
Retail
52,62,200 (39.20%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Crore
Metric31-Mar-2131-Mar-2031-Mar-19
Revenue259.85243.96244.01
PAT15.2211.268.92
EBITDA———
Net Worth———
Total Assets369.31387.06358.26
Reserves———
Borrowings———
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 Strengths

  • Variety 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.
Frequently Asked Questions
What is the issue price of Exxaro Tiles Ltd. IPO?
The issue price of Exxaro Tiles Ltd. IPO is ₹120 per share, face value ₹10.
What is the lot size?
Minimum lot size is 125 shares, requiring ₹15,000.
What are the IPO dates?
Opens 04 Aug 2021, closes 06 Aug 2021.
When is the listing date?
Tentative listing: 16 Aug 2021 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹120 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Exxaro Tiles Ltd. IPO · Expected 11 Aug 2021

Check on Registrar
Post-IPO Timeline
Allotment Date
11 Aug 2021
Refund Initiation
12 Aug 2021
Demat Credit
13 Aug 2021
Listing Date
16 Aug 2021
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹120
Face ₹10
Lot Size
125
shares / lot
Min Amount
₹15,000
1 lot
Est. Listing
₹120
GMP +₹0
Key Dates
Open
04 Aug Done
Close
06 Aug Done
Listing
16 Aug Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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