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Tag: exxaro tiles ipo

  • Exxaro Tiles shares listing at 5% premium

    Shares of Exxaro Tiles on Monday made its inventory market debut, itemizing at a premium of 5 per cent in opposition to its problem worth of Rs 120.
    The inventory made its debut at Rs 126, a marginal acquire of 5 per cent from the difficulty worth on each BSE and NSE.
    As the commerce progressed, it jumped 10.25 per cent to Rs 132.30 on each the exchanges.

    Exxaro Tiles’ preliminary public providing acquired 22.68 instances subscription earlier this month.
    The Rs 161.08-crore preliminary public supply (IPO) had a worth vary of Rs 118-120 per share.
    Pantomath Capital Advisors was the e-book operating lead supervisor to the supply.

  • Exxaro Tiles IPO share allotment standing: Here’s easy methods to verify your shares on-line

    Exxaro Tiles IPO share allotment standing: The preliminary public providing (IPO) of Exxaro Tiles, a number one producer of vitrified tiles, was subscribed 22.68 instances over the 1.14 crore shares that have been on supply through the subscription interval from August 4-6, 2021. The value band was fastened at Rs 118-120 per share.
    Exxaro Tiles IPO obtained bids of over 25.96 crore (25,96,52,625) shares in opposition to the whole concern dimension of over 1.14 crore (1,14,50,675) shares, information accessible with the National Stock Exchange (NSE) confirmed.
    The shares that are to be allotted for the certified institutional consumers (QIBs) was subscribed 17.67 instances, whereas these of non institutional buyers was subscribed 5.36 instances and that of retail particular person buyers (RIIs) was subscribed 40.10 instances. Separately, shares for the workers’ phase was subscribed 2.53 instances, the information confirmed.

    The IPO of the Gujarat-based firm has a dimension of Rs 161.08 crore. It contains a contemporary concern of of as much as 1,11,86,000 fairness shares and an offer-for-sale (OFS) of as much as 22,38,000 fairness shares by Dixitkumar Patel.

    The proceeds from the contemporary concern will probably be utilised in the direction of repaying/prepaying of borrowings, fund its working capital necessities in addition to utilising it for basic company functions.
    Investors are actually wanting ahead to the share allotment date of the Exxaro Tiles IPO. The tile producer is suppose to finalise the allotment by Wednesday, August 11, 2021, as per the timeline offered within the pink herring prospectus (RHP). In case you have got utilized for the Exxaro Tiles IPO, then right here is how one can verify the standing of your allotment when it will get declared:
    The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants might want to choose Exxaro Tiles Limited – IPO within the drop-down menu and enter both their PAN, utility quantity or DP Client ID. and click on on search to view their allotment standing.

    Apart from the registrar’s web site, candidates may also verify the standing of their allotment on the web site of the BSE (Click right here: https://www.bseindia.com/investors/appli_check.aspx). Here, they might want to choose Equity in Issue Type, then choose EXXARO TILES LIMITED from the drop-down record within the Issue Name part, enter their Application Number and PAN Number within the respective packing containers after which click on on search to view their standing.

    The itemizing of shares of Exxaro Tiles is more likely to happen on Tuesday, August 17, 2021, on each the NSE and BSE.
    Pantomath Capital Advisors is the ebook operating lead supervisor to the IPO.

  • Exxaro Tiles IPO opens right now: Here’s every little thing it’s good to know

    Exxaro Tiles IPO opens right now: Here’s every little thing it’s good to know

  • Exxaro Tiles IPO to open on August 4; units worth band at Rs 118-120 per share

    Exxaro Tiles, a number one producer of vitrified tiles, on Friday stated it has mounted a worth band of Rs 118-120 a share for its preliminary share-sale.
    The-three day preliminary public providing (IPO) will open on August 4, and conclude on August 6, the Gujarat-based Exxaro Tiles introduced in a digital press convention.
    The preliminary public providing of as much as 1,342,4000 fairness shares includes a contemporary situation of as much as 1,11,86,000 fairness shares and an offer-for-sale of as much as 22,38,000 fairness shares by Dixitkumar Patel.
    At the higher finish of the value band, the IPO will fetch Rs 161.08 crore.

    Proceeds from the contemporary situation can be utilised in direction of repaying/prepaying of borrowings, fund its working capital necessities moreover utilising it for common company functions.
    Promoted by Mukeshkumar Patel, Dineshbhai Patel, Rameshbhai Patel and Kirankumar Patel, Exxaro Tiles is primarily engaged within the enterprise of producing and advertising and marketing of vitrified tiles used majorly for flooring options catering to residential and business segments. It at the moment has an over 2,000 vendor community throughout 27 states.
    Pantomath Capital Advisors is the e book operating lead supervisor to the problem.
    The fairness shares will likely be listed on NSE and BSE.