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
| Category | Details |
|---|---|
| Date & Time | On 1.08.2021, @ 7.00 pm |
| Grey Market Premium | Rs. 15/20 |
| Application Rates | Rs. 0 |
| Subject to Rates | Rs. 0 |
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.
Check out Exxaro Tiles IPO grey market premium, Kostak rates, and subject to sauda rates as of today.
Exxaro Tiles IPO Details
| Name of Article | Exxaro Tiles IPO |
| IPO Date | Aug 4, 2021 to Aug 6, 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 13,424,000 Eq Shares of ₹10 (aggregating up to ₹161.09 Cr) |
| Fresh Issue | 11,186,000 Eq Shares of ₹10 (aggregating up to ₹134.23 Cr) |
| Offer for Sale | 2,238,000 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 Lot | 125 Shares |
| Min Order Quantity | 125 Shares |
| Listing At | BSE, NSE |
Exxaro Tiles IPO GMP Details (Day by Day) with Kotak rates
| Date | GMP | Kostak | Subject 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 Open | 04 August 2021 |
| IPO Close | 06 August 2021 |
| Price Band | ₹118 to ₹120 Per Share |
| Listing on | BSE & NSE |
| Retail Portion | 35% |
| Equity | 13,424,000 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 Announcement | July 30, 2021 |
| Anchor Investors Allotment | Aug 03, 2021 |
| IPO Opens On | Aug 4, 2021 |
| IPO Closes On | Aug 6, 2021 |
| Finalization of Basis of Allotment | Aug 11, 2021 |
| Initiation of Refunds | Aug 12, 2021 |
| The credit of Shares to Demat Account | Aug 13, 2021 |
| IPO Listing Date | Aug 17, 2021 |
Exxaro Tiles IPO Shares Offered
| Category | Shares 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)
| 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 |
FAQ of Exxaro Tiles IPO:
The Exxaro Tiles IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.
The Exxaro Tiles IPO GMP aka grey market premium is ₹0.
The Exxaro Tiles IPO kostak rate is ₹0.
The Exxaro Tiles IPO subject to sauda rates is ₹0.
The Exxaro Tiles Limited expected return is 0%.
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