Thaai Casting IPO

Thaai Casting Ltd

₹1,16,800 /1600 sharesMinimum Investment

Thaai Casting IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹77.00₹185.00₹108.00 (140.26%)

Thaai Casting IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
15 Feb ‘24 - 20 Feb ‘24₹1,16,8001,600₹73 - ₹77
Issue SizeIPO Doc
47.20Cr
RHP PDF

About the company

Thaai Casting Ltd is an automotive ancillary company with IATF 16949:2016 certification, specializing in High-Pressure Die Casting and precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. The company follows a B2B approach and caters to leading companies in the automotive components sector. Founded in 2010, the company’s product portfolio today has a diverse range of automobile components. These include engine mounting support brackets, transmission mounts, fork shift and housing, armature – steering wheel, electrical connectors, YFG base frame (right-hand drive side/left-hand drive side), housing, top cover, etc.;
Founded in
2010
Managing director
Mr. Anandan Sriramulu
Parent organisation
Thaai Casting Ltd

Strength and risks

Strengths
Risks
The company uses advanced inspection systems and up-to-date technologies for quality assurance in aluminium die casting and IHQ processes. It carries out thorough scrutiny of each component to ensure precision, durability, and compliance with industry standards.
It has demonstrated consistency in its financial performance over the past few years. The company’s revenue from operations was Rs. 20.43 cr, Rs. 38.34 cr and Rs. 48.96 cr in FY 2021, 2022 and 2023 respectively. Similarly, it has also seen positive growth in its Profit after tax in these fiscal years.
With a skilled workforce, the company maintains flexibility in handling various project sizes in aluminium die casting and IHQ processes. This adaptability ensures consistent and high-quality results, meeting client demands in both applications.
The company has a dedicated team of professionals with substantial experience and skills. This helps in ensuring precision and quality in every aluminum die-casting project.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular73 - 77₹2 Lakh
High Networth Individual73 - 77₹2 - 5 Lakh
For Thaai Casting IPO, eligible investors can apply as Regular.
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