Exxaro Tiles Limited IPO (Exxaro Tiles IPO)

Exxaro Tiles IPO
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Launched in 2008, Exxaro Tiles is involved in the production and marketing activities of reinforced tiles. The company manufactures Double Charge Vitrified Tiles (double layer pigment) and Glazed Vitrified Tiles made of ceramic materials namely clay, quartz and feldspar. Its product portfolio has 1000+ types of tile designs in six sizes. The Topaz, Galaxy Series, and High Gloss Series series are some of the company’s well-established products.

It supplies its products to major infrastructure projects namely residential, educational, commercial, hotel, hospital, government, builders or developers, religious organizations, etc.

Currently, Exxaro Tiles has two production facilities in Padra and Talod with an installed production capacity of 1,32,00,000 sq mt per year. It also has 6 exhibition centers in six cities and 2 sales 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 presence with export to 13+ countries across the globe.
  • One of the largest manufacturing plants of glazed vitrified tiles in India.

Company Promoters

Mr. Mukeshkumar Patel, Mr. Kirankumar Patel, Mr. Dineshbhai Patel, and Mr. Rameshbhai Patel are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in million)
31-Dec-2031-Mar-2031-Mar-1931-Mar-18
Total Assets3,763.503,845.423,568.413,688.97
Total Revenue1,711.902,439.642,440.062,212.49
Profit After Tax108.52112.5989.1791.42

Objects Of The Issue

  • To make repayment or prepayment of secured borrowings availed by the company.
  • To meet working capital requirements.
  • Meet general corporate purposes.
Exxaro Tiles IPO
Object Of The Issue

Exxaro Tiles IPO – Details

IPO Opening Date04 Aug 2021
IPO Closing Date06 Aug 2021
Issue TypeBook Built Issue IPO
Issue Size161 Crore
Face Value₹10 per equity share
IPO Price[118] To [120] Per Equity Share
Market Lot125 Shares
Min Order Quantity125 Shares
Listing AtBSE NSE
Total Share Issue1,34,24,000 Equity Share
RegisterLinkInTime India Private Limited

Exxaro Tiles IPO – Timetable

IPO Open Date04 Aug 2021
IPO Close Date06 Aug 2021
Basis of Allotment Date11 Aug 2021
Initiation of Refunds12 Aug 2021
Credit of Shares to Demat Account13 Aug 2021
IPO Listing Date16 Aug 2021

Exxaro Tiles IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum112515,000
Maximum1316251,95,000

Company Contact Information

Exxaro Tiles Limited
Survey No. 169 & 170, Vavdi Harsol Road, At & Po.
Mahelav, Taluka: Talod, District, Sabarkantha – 3

Phone: +02772-350555
Email: cs@exxarotiles.com
Websitehttp://www.exxarotiles.com/

Exxaro Tiles IPO FAQs

What is Exxaro Tiles IPO?

Exxaro Tiles IPO is a main-board IPO of 13,424,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is.

The Exxaro Tiles IPO open and close dates are not available as of now.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Exxaro Tiles IPO will open?

The Exxaro Tiles IPO dates are 04 August 2021 To 06 August 2021.
What is the lot size of Exxaro Tiles IPO?

Exxaro Tiles IPO lot size and the minimum order quantity is 125 Shares.
How to apply for Exxaro Tiles IPO?

You can apply in Exxaro Tiles IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Exxaro Tiles IPO listing date?

The Exxaro Tiles IPO listing date announced. The date of Exxaro Tiles IPO listing is [16 Aug 2021].

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