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Open
4 Aug 2021
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Close
6 Aug 2021
3
Allotment
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Listing
Mon, Aug 16, 2021
Price Band
₹118 to ₹120
Issue Size
1,34,24,000 shares (agg. up to ₹161 Cr)
Lot Size
125 Shares
Listing Date
Mon, Aug 16, 2021
Latest GMP
₹5
Est. Gain
4.17%
✦ AI Insight
GMP Trend
16-08-2021₹5Est. ₹125+4.17%
15-08-2021₹5Est. ₹125+4.17%
14-08-2021₹5Est. ₹125+4.17%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 16.12x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 369.31 | 387.06 | 358.26 |
| Total Income | 259.85 | 243.96 | 244.01 |
| Profit After Tax | 15.22 | 11.26 | 8.92 |
| EBITDA | 47.35 | 42.96 | 37.83 |
| NET Worth | 128.19 | 112.89 | 101.61 |
| Reserves and Surplus | 102.48 | 87.18 | 75.90 |
| Total Borrowing | 161.00 | 174.16 | 158.66 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment/repayment of certain secured borrowings availed by our Company | 50.00 |
| 2 | Funding the working capital requirements of the Company | 45.00 |
| 3 | General corporate purposes | 23.53 |
About Exxaro Tiles IPO
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
Contact Details
Exxaro Tiles Ltd. AddressSurvey No.169 & 170, Vavdi Harsol Road, At & Po.Mahelav, Taluka:TalodSabar Kantha, Gujarat, 383305+02772-350555cs@exxarotiles.comVisit Website