247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Exxaro Tiles Limited IPO (Exxaro Tiles IPO) Details

Exxaro Tiles Limited is an Ceramic And Stone - Marble, Tiles And Granite based company, located in Sabarkantha, Exxaro Tiles Limited IPO size was 161.09 Cr. and was issued at 120.00 per share. The share of Exxaro Tiles Limited were listed at 132.25 per share and are currently trading at 9.94 per share.

Type :
Sub Sector : Manufacturing And Marketing Of Vitrified Tiles Used For Flooring Solutions
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
259.85 Cr.

PAT :
15.22 Cr.

Pricing Report

Issue Price :
120.00

Listing Price :
132.25

Current Market Price :
9.94

Issue Price vs CMP :
110.06 (91.72%)

listing Price vs CMP :
122.31 (92.48%)

Performance Report (CAGR* wise)

CAGR : -51.57
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Exxaro Tiles

Company Information
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.
Show More
Object of Issue
  • To make repayment or prepayment of secured borrowings availed by the company
  • To meet working capital requirements
  • Meet general corporate purposes

Exxaro Tiles MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2021
IPO Size :
161.09 Cr.
IPO Subscription :
22.65 X     
PE Multiple :
35.29
IPO Registrar:
Link Intime India Private Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other MainBoard IPOs in Sabarkantha

Peer Companies Of This Sector

FAQs

Exxaro Tiles operates in Ceramic And Stone - Marble, Tiles And Granite and Manufacturing And Marketing Of Vitrified Tiles Used For Flooring Solutions. The Issue is listed on MainBoard in Aug, 2021. Exxaro Tiles IPO size was 161.09 Cr. with Issue price of 120.00 .

Merchant Banker(s) of Exxaro Tiles IPO: Pantomath Capital Advisors Private Limited

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 9.94.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency