Exxaro Tiles IPO will be open from 14 June 2021 to 16 June 2021. Exxaro Tiles IPO GMP Kostak rate and Subject to Sauda updated as of Today. Exxaro Tiles IPO Grey Market Premium has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Exxaro Tiles are engaged in the manufacturing and marketing of vitrified tiles used majorly for flooring solutions. We commenced business as a partnership firm in 2007-08 as a manufacturer of frit, which is one of the raw materials used in the manufacturing of tiles, and have over the years, diversified, expanded, and evolved into a manufacturer for vitrified tiles. Exxaro Tiles supply products mainly in 6 sizes. We have 1000+ designs in our product basket, which are marketed under our brand “Exxaro”. We believe that our well-known brand series include Topaz Series, Galaxy Series, High Gloss Series, etc. We focus our research and development efforts on developing products that we believe are innovative and in line with the trends.
Exxaro Tiles IPO Issue size of ₹161.08 Crores, in which Fresh Issue of ₹134.22 Crores and Offer For Sale of ₹26.86 Crores and issue price band has been fixed at ₹118-₹120 Per Share. The Exxaro Tiles IPO is to be listed Soon on NSE and BSE.
What is Exxaro Tiles IPO GMP Today?
■ The Exxaro Tiles IPO GMP Today Or Grey Market Premium is ₹5-₹6.
What is Exxaro Tiles IPO Kostak Rates Today?
■ The Exxaro Tiles IPO Kostak rate is ₹0.
What is Exxaro Tiles IPO Subject to Sauda Price Today?
■ The Exxaro Tiles IPO Subject to Sauda rates is ₹0.
Exxaro Tiles IPO Approximately Returns?
■ The Exxaro Tiles IPO’s approximate return is 5%-10%. And it can also change according to the Market Sentiment.
Exxaro Tiles IPO GMP, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 16 Aug 2021 | List-₹126 | ₹0 | ₹0 |
| 15 Aug 2021 | ₹5-₹6 | ₹0 | ₹0 |
| 14 Aug 2021 | ₹5-₹6 | ₹0 | ₹0 |
| 13 Aug 2021 | ₹6-₹7 | ₹0 | ₹0 |
| 12 Aug 2021 | ₹6-₹7 | ₹0 | ₹0 |
| 11 Aug 2021 | ₹8-₹10 | ₹0 | ₹0 |
| 10 Aug 2021 | ₹8-₹10 | ₹0 | ₹0 |
| 9 Aug 2021 | ₹8-₹10 | ₹0 | ₹0 |
| 8 Aug 2021 | ₹10-₹12 | ₹0 | ₹0 |
| 7 Aug 2021 | ₹10-₹15 | ₹0 | ₹0 |
| 6 Aug 2021 | ₹10-₹15 | ₹0 | ₹0 |
| 5 Aug 2021 | ₹15-₹20 | ₹0 | ₹0 |
| 4 Aug 2021 | ₹18-₹22 | ₹0 | ₹0 |
| 3 Aug 2021 | ₹15-₹20 | ₹0 | ₹0 |
| 2 Aug 2021 | ₹15-₹20 | ₹0 | ₹0 |
| 1 Aug 2021 | ₹15-₹20 | ₹0 | ₹0 |
| 31 July 2021 | ₹0 | ₹0 | ₹0 |
| 30 July 2021 | ₹0 | ₹0 | ₹0 |
Exxaro Tiles IPO Date & Price Band & Details :
| IPO Open : | 4 Aug 2021 |
| IPO Close : | 6 Aug 2021 |
| IPO Size : | ₹161.08. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹118-₹ 120 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹161.08. Cr |
| Fresh Issue : | ₹134.22. Cr |
| Offer For Sale : | ₹26.86. Cr |
Exxaro Tiles IPO Market Lot :
Exxaro Tiles IPO Minimum Market lot is 1 Lot with 125 shares with ₹15,000 Application amount. The retail investors can apply up to 13 lots with 1625 Shares or ₹195,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 124 |
| Minimum Amount : | ₹14,880 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 1625 |
| Maximum Amount : | ₹195,000 |
Exxaro Tiles IPO Shares Offer :
A total of 13,424,000 shares are to be bid for the public issue by Exxaro Tiles IPO with 111,86,000 for Fresh issue and 2,238,000 for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 111,86,000 | ₹134.22 Cr |
| Offer For Sale : | 2,238,000 | ₹26.86 Cr |
| Total : | 13,424,000 | ₹161.08 Cr |
Exxaro Tiles IPO Reservation :
Exxaro Tiles IPO Total Reservation of 13,424,000 shares are to be bid for the public issue by Exxaro Tiles IPO with 33,56,000 for QIB and 46,98,400 for NII 53,69,600 For RII & Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 25% | 33,56,000 | ₹40.27 Cr |
| NII : | 35% | 46,98,400 | ₹56.38 Cr |
| RII : | 40% | 53,69,600 | ₹64.43 Cr |
| EMP : | – % | 268,500 | ₹ |
| Total : | 100% | 13,424,000 | ₹161.08 Cr |
Exxaro Tiles IPO Dates :
Exxaro Tiles IPO Date is 4 Aug 2021 and closes on 6 Aug 2021. The allotment will be finalized on 11 Aug 2021 and the IPO may list on 13 Aug 2021.
| Open Date : | 4 Aug 2021 |
| Close Date : | 6 Aug 2021 |
| Allotment Date : | 11 Aug 2021 |
| Refund Date : | 12 Aug 2021 |
| Share Credit Date : | 13 Aug 2021 |
| Listing Date : | 17 Aug 2021 |
Exxaro Tiles Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2020 | ₹2,439.64 | ₹2,317.96 | ₹112.59 |
| 2019 | ₹2,440.06 | ₹2,363.31 | ₹89.17 |
| 2018 | ₹2,212.49 | ₹2,059.02 | ₹91.42 |
About Exxaro Tiles Company
Exxaro Tiles are engaged in the manufacturing and marketing of vitrified tiles used majorly for flooring solutions. We commenced business as a partnership firm in 2007-08 as a manufacturer of frit, which is one of the raw materials used in the manufacturing of tiles, and have over the years, diversified, expanded, and evolved into a manufacturer for vitrified tiles. Our business operations are broadly divided into two product categories: As of date, we supply products mainly in 6 sizes. We have 1000+ designs in our product basket, which are marketed under our brand “Exxaro”.
- Double Charge Vitrified Tiles: Double charge vitrified tiles are tiles that are fed through a press that prints the pattern with a double layer of pigment, 3 to 4 mm thicker than other types of tiles. This process does not permit complex patterns but results in a long-wearing tile surface, suitable for heavy traffic commercial projects.
- Glazed Vitrified Tiles: Glazed vitrified tiles are flat slabs manufactured from ceramic materials such as clay, feldspar and quartz, and other additives and fired at high temperatures to ensure high strength and low water absorption. These tiles are coated with glaze materials prior to the firing process.
| Read also:- Share Buyback List 2021 |
We have two state-of-the-art manufacturing facilities which are located at Padra and Talod respectively in Gujarat. We have a combined installed production capacity of 1,32,00,000 sq. mt. p.a. Our Unit II is one of the single largest plants for manufacturing glazed vitrified tiles under one roof in India. [Source: Brickwork Report]. Over the years, we have made continuous investments in our manufacturing infrastructure to support our product portfolio requirements and reach.
Our capabilities as a Company include internal R&D expertise, state-of-the-art manufacturing capabilities, a strict quality assurance system, modern production designing experience, and established marketing and distribution relationships. We also have 6 display centers in 6 cities and 2 marketing offices in Delhi and Morbi to complement our growth strategies.
Exxaro Tiles IPO GMP FAQs :
How much is Exxaro Tiles IPO GMP Today?
Exxaro Tiles IPO GMP Today is ₹5-₹6.
How much is Exxaro Tiles IPO Grey Market Premium?
Exxaro Tiles IPO is Grey Market Premium ₹5-₹6.
What is Exxaro Tiles IPO Kostak Rate?
Exxaro Tiles IPO Kostak Rate is ₹0.
What is Exxaro Tiles IPO Subject to Sauda?
Exxaro Tiles IPO Subject to Deals is ₹0.
What are Exxaro Tiles IPO Approx Returns?
Exxaro Tiles IPO approx Returns is 5%-10%. And it can also change according to the Market Sentiment.
| Exxaro Tiles IPO Details: Click Here Exxaro Tiles IPO Subscription: Click Here Exxaro Tiles IPO Allotment: Click Here Exxaro Tiles IPO Listing: Click Here |
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