Exxaro Tiles IPO (Initial Public Offering) will open for subscription on 04 Aug 2021 which is Wednesday. Exxaro Tiles IPO will close for subscription on 06 July 2021 which is Friday. The GMP is not showing a good trend which is only Rs 17 and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.161.09 crore via IPO.
Exxaro Tiles is engaged in the manufacturing and marketing of vitrified tiles used majorly for flooring solutions. We commenced business as a partnership firm in 2007-08 as a manufacturer of frit, which is one of the raw materials used in the manufacturing of tiles, and have over the years, diversified, expanded, and evolved into a manufacturer for vitrified tiles. Our business operations are broadly divided into two product categories. The price band of the IPO is ₹118 to ₹120. The Exxaro Tiles IPO to list on NSE and BSE. Check out Exxaro Tiles grey market premium, Kostak rates, and subject to sauda rates as of today.
Latest Update: Windlas Biotech IPO subscribed 22.58x times, QIB 17.67x, NII 5.36x and RII 39.90x times on day 3.
Exxaro Tiles IPO Subscription Numbers(Day 3)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.95x | 1.65x | 17.67x |
| NII | 0.65x | 0.93x | 5.36x |
| RII | 9.23x | 21.10x | 39.90x |
| EMP | 0.74x | 1.56x | 2.53x |
| OTH | x | x | x |
| Total | 4.63x | 10.29x | 22.58x |
Exxaro Tiles IPO Date & Price Band:
| IPO Opening Date | Aug 4, 2021 |
| IPO Closing Date | Aug 6, 2021 |
| Issue Type | Book Built Issue IPO |
| 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 |
| 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) |
Exxaro Tiles IPO Tentative Timetable
The Exxaro Tiles IPO open date is 4 Aug 2021, and the close date is 6 Aug 2021. The issue may list on.
| IPO Open Date | Aug 4, 2021 |
| IPO Close Date | Aug 6, 2021 |
| Basis of Allotment Date | Aug 11, 2021 |
| Initiation of Refunds | Aug 12, 2021 |
| Credit of Shares to Demat Account | Aug 13, 2021 |
| IPO Listing Date | Aug 17, 2021 |
Exxaro Tiles IPO Market Lot:
The Exxaro Tiles IPO minimum market lot is 125 shares with ₹15,000 application amount. The retail investors can apply up to 13 lots with 1625 shares or ₹195,000 amounts.
| Minimum Lot Size: | Minimum 125 Shares |
| Minimum Amount: | ₹15,000 |
| Maximum Lot Size: | Maximum 1625 Shares |
| Maximum Amount: | ₹195.000 |
Exxaro Tiles IPO Subscription FAQs:
When Exxaro Tiles IPO Subscription will start?
The Exxaro Tiles IPO subscription starts on 04 Aug 2021 for QIB, NII, and Retail Investors.
How much is Exxaro Tiles IPO subscribed?
The Exxaro Tiles IPO subscribed 22.58x times on day 1.
What is the Exxaro Tiles IPO retail subscription status?
The Exxaro Tiles retail subscription is 39.90x on day 1.
How to subscribe to Exxaro Tiles IPO?
You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Exxaro Tiles IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.
