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.
- 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.
Mr. Mukeshkumar Patel, Mr. Kirankumar Patel, Mr. Dineshbhai Patel, and Mr. Rameshbhai Patel are the company promoters.
|Particulars||For the year/period ended (₹ in million)|
|Profit After Tax||108.52||112.59||89.17||91.42|
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 – Details
|IPO Opening Date||04 Aug 2021|
|IPO Closing Date||06 Aug 2021|
|Issue Type||Book Built Issue IPO|
|Issue Size||161 Crore|
|Face Value||₹10 per equity share|
|IPO Price|| To  Per Equity Share|
|Market Lot||125 Shares|
|Min Order Quantity||125 Shares|
|Listing At||BSE NSE|
|Total Share Issue||1,34,24,000 Equity Share|
|Register||LinkInTime India Private Limited|
Exxaro Tiles IPO – Timetable
|IPO Open Date||04 Aug 2021|
|IPO Close Date||06 Aug 2021|
|Basis of Allotment Date||11 Aug 2021|
|Initiation of Refunds||12 Aug 2021|
|Credit of Shares to Demat Account||13 Aug 2021|
|IPO Listing Date||16 Aug 2021|
Exxaro Tiles IPO Lots Size & Price
|Application||Lots||Shares||Amount ( Cut-Off)|
Company Contact Information
|Exxaro Tiles Limited|
Survey No. 169 & 170, Vavdi Harsol Road, At & Po.
Mahelav, Taluka: Talod, District, Sabarkantha – 3
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].