Home>IPO>Exxaro Tiles Ltd.

Exxaro Tiles IPO

Exxaro Tiles Ltd.

₹14,750 /125 sharesMinimum Investment

IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹120₹126+₹6.00 (5.00%)

IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
4 Aug ‘21 - 6 Aug ‘21₹14,750125₹118 - ₹120
Issue SizeIPO Doc
161.09Cr
RHP PDFopen_in_new

Subscription Rate As on 6th Aug 2021, 8:00 PM

  • Retail Individual Investor
    40.10x
  • Non-Institutional Investor
    5.36x
  • Qualified Institutional Buyers
    17.67x
  • Employees
    2.53x

About Company

Exxaro Tiles is engaged in the manufacture and marketing of vitrified tiles that are used primarily in flooring solutions. Its business operations are broadly divided into two categories: Double Charge Vitrified tiles and Glazed Vitrified tiles. It markets its products under the brand Exxaro and has over 1000 designs in its products basket. The company has more than 2000 registered dealers and a PAN-India presence. It also supplies products to over 12 countries internationally.
... Read More
Parent Organisation
Exxaro Tiles Ltd.
Founded
2008
Managing Director
Mukeshkumar Patel

Strengths & Risks

  • add
    It has state-of-the-art manufacturing facilities with a clear focus on design and quality
  • add
    Widespread network of dealers aided by an in-house team for sales and marketing
  • add
    Large portfolio of products
  • add
    Experienced Promoters with a strong management team
  • remove
    Any volatility in the supply and pricing of raw materials and stores & spares.
  • remove
    Any shortage, non-availability, or fluctuations in the price of fuel, power, and water
  • remove
    Significant working capital requirement.
  • remove
    Inability to protect intellectual property rights from being infringed upon
  • remove
    Manufacturing and R&D facilities are located in one state – Gujarat, and any disruption in the state can cause manufacturing to stop.
  • remove
    Risks associated with the overseas market like foreign currency exchange rate fluctuations, tax norms, etc.
  • remove
    Impact of COVID-19.
  • remove
    Dependency on the performance of related industries like real estate, infrastructure, etc.
  • remove
    Any adverse change in regulatory requirements governing its products or the products of its customers.
  • remove
    Modification or cancellation of orders by its customers.
  • remove
    Absence of long-term or definitive agreements with its dealers or customers.
  • remove
    Inability to accurately forecast demand for its products and manage inventory accordingly.

Financials

*All values are in Rs. Cr
No Graph Data To Display
ⓒ 2016-2021 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 1.8.8
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | NIPPON INDIA  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP  | AXIS  | TATA  | L&T  | SUNDARAM  | PGIM  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | NAVI  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | Quant  | SHRIRAM  | SAHARA | ITI
ABOUT GROWW
keyboard_arrow_down
arrow_drop_down_circle