114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

Exxaro Tiles IPO (Exxaro Tiles Limited IPO) Detail

Exxaro Tiles IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 161.09 Cr. The company is based in Sabarkantha and caters to Ceramic And Stone - Marble, Tiles And Granite sector. Pantomath Capital Advisors is the merchant banker of Exxaro Tiles IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th May 2021.

Exxaro Tiles IPO open date is 4th August 2021 and close date is 6th August 2021. IPO Allotment Date is 11th August 2021 and Listing date is 16th August 2021.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Exxaro Tiles IPO Date

Date of DRHP:
15th May 2021
IPO Open Date:
4th August 2021
IPO Close Date:
6th August 2021
IPO Allotment Date:
11th August 2021
Initiation of Refund:
12th August 2021
IPO Listing Date:
16th August 2021

Exxaro Tiles IPO Info, Size, Subscription

Exxaro Tiles IPO size is ₹ 161.09 Cr. with IPO price of ₹ 120.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 161.09 Cr.

Issue Price:
₹ 120.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
35.29

Subscription :
22.65 times

Pre Issue Promoter Holding :
56.09 %

Post Issue Promoter Holding :
42.50 %

Exxaro Tiles IPO Information

Sub Sector : manufacturing and marketing of vitrified tiles used for flooring solutions
Exxaro Tiles Limited, engaged in manufacturing and marketing vitrified tiles, primarily used for flooring solutions. They commenced their business as a partnership firm in 2007-08, initially as a manufacturer of frit, which is one of the raw materials used in the manufacturing of tiles. Over the years, they diversified, expanded, and evolved into a manufacturer of vitrified tiles.

Their business operations are broadly divided into two product categories:
Double Charge Vitrified Tiles: These tiles are fed through a press that prints the pattern with a double layer of pigment, which is 3 to 4 mm thicker than other types of tiles. This process does not allow for complex patterns but results in a long-wearing tile surface, making them suitable for heavy traffic commercial projects.
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Object of Issue (Exxaro Tiles IPO Objectives)

  • To make repayment or prepayment of secured borrowings availed by the company
  • To meet working capital requirements
  • Meet general corporate purposes

Pantomath Capital Advisors Private Limited is the book-running lead manager of the Exxaro Tiles IPO. Link Intime India Private Limited is the Registrar for Exxaro Tiles IPO.

Exxaro Tiles IPO Registrar (RTA)

Link Intime India Private Limited

Exxaro Tiles IPO Lead Manager (BRLM)

Pantomath Capital Advisors Private Limited

Exxaro Tiles IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Exxaro Tiles IPO?

Exxaro Tiles IPO, based in Sabarkantha, operates in the   Ceramic And Stone - Marble, Tiles And Granite sector with a focus on manufacturing and marketing of vitrified tiles used for flooring solutions. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Exxaro Tiles IPO size is ₹ 161.09 Cr. with fresh issue size of ₹ 134 and Offer for sale being ₹ 26.86 Cr.

When is Exxaro Tiles IPO allotment?

The IPO allotment date for Exxaro Tiles IPO is expected to be 11th August 2021, after the finalization of basis of allotment. Investors can check Exxaro Tiles IPO allotment status on the registrars website, Link Intime India Private Limited . Exxaro Tiles IPO refund dates are 12th August 2021.

When is Exxaro Tiles IPO listing date?

Exxaro Tiles IPO is expected to be listed on 16th August 2021.

What is the price band for Exxaro Tiles IPO?

The upper price band for the Exxaro Tiles IPO is set at ₹ 120.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Exxaro Tiles IPO Review?

For IPO analysis on Exxaro Tiles IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Exxaro Tiles IPO?

To apply for the Exxaro Tiles IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th August 2021. After submission, funds are blocked until the basis of allotment of Exxaro Tiles IPO is finalised.

Who is the merchant banker of Exxaro Tiles IPO?

The merchant banker for Exxaro Tiles IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Exxaro Tiles IPO RHP for further details.

Who is the Registrar of Exxaro Tiles IPO?

The registrar for Exxaro Tiles IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Exxaro Tiles IPO through their official website or helpline.

What is the Exxaro Tiles IPO subscription?

Exxaro Tiles IPO was subscribed 22.65 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Exxaro Tiles IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Exxaro Tiles Financial Review Page

Exxaro Tiles IPO subscription was 22.65 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Exxaro Tiles IPO listed at a listing price of 132.25 against the offer price of 120.00.

The current market price of Exxaro Tiles is 8.77.

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