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

Thaai Casting Limited IPO (Thaai Casting IPO) Details

Thaai Casting Limited is an Automobile - Forging And Casting based company, located in Tiruvallur, Thaai Casting Limited IPO size was 47.20 Cr. and was issued at 77.00 per share. The share of Thaai Casting Limited were listed at 195.15 per share and are currently trading at 135.00 per share.

Type :
Sub Sector : Automotive Ancillary Company
SME IPO
NSE EMERGE

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

Revenue :
83.11 Cr.

PAT :
14.76 Cr.

Pricing Report

Issue Price :
77.00

Listing Price :
195.15

Current Market Price :
135.00

Issue Price vs CMP :
58 (75.32%)

listing Price vs CMP :
60.15 (30.82%)

Performance Report (CAGR* wise)

CAGR : 85.04
-ve 0 6 9 12+
Above Average

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

About Thaai Casting

Company Information
Thaai Casting is distinguished as automotive ancillary company with IATF 16949:2016 certification, specializing in High- Pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Founded by Mr. Sriramulu Anandan, a seasoned professional with extensive expertise in Pressure Die Casting and Machining Processes, their business model is firmly rooted in a B2B approach, catering to leading entities in the automotive components sector. Their product portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature
Object of Issue
  • To meet out the Capital Expenditure
  • To meet out the General Corporate Purposes and
  • To meet out the Issue Expenses

Thaai Casting SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2024
IPO Size :
47.20 Cr.
Market Cap :
178.10 Cr.   
IPO Subscription :
375.43 X     
PE Multiple :
12.07
IPO Registrar:
Purva Sharegistry India Private Limited

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FAQs

Thaai Casting operates in Automobile - Forging And Casting and Automotive Ancillary Company. The Issue is listed on NSE EMERGE in Feb, 2024. Thaai Casting IPO size was 47.20 Cr. with Issue price of 77.00 .

Thaai Casting IPO subscription was 375.43 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.

Thaai Casting IPO listed at a listing price of 195.15 against the offer price of 77.00.

The current market price of Thaai Casting is 135.00.

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