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[Live Today] Exxaro Tiles IPO: Grey Market Premium (GMP) & Kostak Rates

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Short Info: [Live Updates] Exxaro Tiles Limited IPO GMP Chanakya Details & Date: Kostak Rates & Subject To Sauda, Exxaro Tiles IPO Grey Market Premium Status live check at Official Website www.nseindia.com & www.bseindia.com.

Exxaro Tiles IPO GMP Today: Live Updates

CategoryDetails
Date & TimeOn 1.08.2021, @ 7.00 pm
Grey Market PremiumRs. 15/20
Application RatesRs. 0
Subject to RatesRs. 0
Source: chanakyanipothi.com

Exxaro Tiles IPO Grey Market Premium & Kostak Rates

 : The initial public offer (IPO) of Exxaro Tiles, a Gujarat-based manufacturer of vitrified tiles, will open for public bidding on August 4 and close on August 6, 2021. The price band for the offer has been decided at Rs 118-120 per equity share.

Anchor investors’ book, if any, is expected to open for a day on August 3, a day before the offer opening.

Under the IPO, the company will issue 111,86,000 equity shares and one of its shareholders will sell 2,238,000 shares.

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Check out Exxaro Tiles IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Exxaro Tiles IPO Details

Name of ArticleExxaro Tiles IPO
IPO DateAug 4, 2021 to Aug 6, 2021
Issue TypeBook Built Issue IPO 
Issue Size13,424,000 Eq Shares of ₹10
(aggregating up to ₹161.09 Cr)
Fresh Issue11,186,000 Eq Shares of ₹10
(aggregating up to ₹134.23 Cr)
Offer for Sale2,238,000 Eq Shares of ₹10
(aggregating up to ₹26.86 Cr)
Face Value₹10 per equity share
IPO Price₹118 to ₹120 per equity share
Market Lot125 Shares
Min Order Quantity125 Shares
Listing At BSE, NSE
Exxaro Tiles IPO Information

Exxaro Tiles IPO GMP Details (Day by Day) with Kotak rates

DateGMPKostakSubject to
1 Aug ₹0 ₹0 ₹0
31 July ₹0 ₹0 ₹0
30 July₹0₹0₹0
29 July₹0₹0₹0
28 July₹0₹0₹0
27 July₹0₹0₹0
26 July₹0₹0₹0
25 July₹0₹0₹0

Exxaro Tiles IPO Date & Price Band

The company will launch public issue of 1,34,24,000 equity shares next week, which comprises a fresh issue of 1,11,86,000 equity shares, and an offer for sale (OFS) of 22,38,000 equity shares by selling shareholder Dixitkumar Patel. The total offer size comes to Rs 161.08 crore.

The offer includes a reservation of up to 2,68,500 equity shares for company’s employees.

Under the IPO, the company will issue 111,86,000 equity shares and one of its shareholders will sell 2,238,000 shares.

 IPO Open04 August 2021
 IPO Close06 August 2021
 Price Band₹118 to ₹120 Per Share
 Listing onBSE & NSE
 Retail Portion35%
 Equity13,424,000 Shares

Exxaro Tiles IPO Market Lot

Exxaro Tiles and its shareholders plan to raise Rs 161 crore from investors at a price band of Rs 118-120. Those who wish to apply for the IPO can do so in a lot of 125 shares, meaning a maximum application size of Rs 15,000. The issue is priced at a PE multiple of 26.43 as of FY21 earnings.

 Minimum Lot Size:Minimum 125 Shares
 Minimum Amount:₹15,000
 Maximum Lot Size:Maximum 1625 Shares
 Maximum Amount:₹195,000

Exxaro Tiles IPO Timetable: Allotment & Listing Date

Price Band AnnouncementJuly 30, 2021
Anchor Investors AllotmentAug 03, 2021
IPO Opens OnAug 4, 2021
IPO Closes OnAug 6, 2021
Finalization of Basis of AllotmentAug 11, 2021
Initiation of RefundsAug 12, 2021
The credit of Shares to Demat AccountAug 13, 2021
IPO Listing DateAug 17, 2021

Exxaro Tiles IPO Shares Offered

CategoryShares Offered
QIB( 25% ) 33,56,000 Shares = ₹40.27 Cr
NII( 35% ) 46,98,400 Shares = ₹56.38 Cr
Retail( 40% ) 53,69,600 Shares = ₹64.43 Cr
Lot size: 125 Shares
Retail Min. Application
Retail Max Application

Exxaro Tiles Limited’s financial Performance (in INR crore)

YearRevenueExpensePAT
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

FAQ of Exxaro Tiles IPO:

What are the open and close dates of the Exxaro Tiles IPO?

The Exxaro Tiles IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.

What is Exxaro Tiles IPO GMP Today?

The Exxaro Tiles IPO GMP aka grey market premium is ₹0.

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 Expected Returns?

The Exxaro Tiles Limited expected return is 0%.

#This is only coverage of News related to Grey Market. We donot deal in Grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

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