Exxaro Tiles IPO subscription to start from 04 August 2021, Wednesday. The retail portion of this IPO is 40%, QIB is 25% and HNI is 35% quota. Exxaro Tiles to list in the “T Group”. The company looks strong in terms of their financial results and the demand in the grey market. They are manufacturer of vitrified tiles used majorly for flooring solutions. The company reported a profit of ₹15.22 crores in 2021 that was ₹11.26 crores in 2020. The revenues is stable around ₹260 crores in 2021 against ₹244 crores in 2020. The Exxaro Tiles price band is fixed at ₹118 to ₹120 Per Share with face value of ₹10 Per Equity Share. The minimum bid is for 125 Shares (₹15,000) and maximum bid is 1625 shares (₹195,000). Exxaro Tiles IPO to raise ₹161 Crores via initial public offer. Please check the Exxaro Tiles IPO details over here.
IPOWatch View
We recommend investors to apply with risk. The IPO Subscription is started! Check Exxaro Tiles IPO Allotment Status Here.
IPO Subscription Note:
The subscription for the retail will remain open till 8:00 PM on August 06, 2021.
Exxaro Tiles IPO Subscription Status (Live Data)
(Day 3 – Till 7:45)
The Exxaro Tiles IPO subscribed 22.67x on day 3 till 7:45. The subscription comprises Qualified Institutional Buyer (QIB) 17.67x, (Non-institutional Bidders) NII 5.36x and Retail 40.10x.
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.95x | 1.65x | 17.67x |
| NII | 0.65x | 0.93x | 5.36x |
| RII | 11.27x | 21.10x | 40.10x |
| EMP | 0.74x | 1.56x | 2.53x |
| Total | 4.63x | 10.29x | 22.67x |
Exxaro Tiles IPO Date & Price Band
| IPO Open: | 04 August 2021 |
| IPO Close: | 06 August 2021 |
| IPO Size: | Approx ₹161.09 Crores |
| Fresh Issue: | Approx ₹143.23 Crores |
| Offer for Sale: | Approx ₹26.86 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹118 to ₹120 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 40% |
| Discount: | ₹12 for Employees |
Exxaro Tiles IPO Market Lot
| Minimum Lot Size: | Minimum 125 Shares |
| Minimum Amount: | ₹15,000 |
| Maximum Lot Size: | Maximum 1625 Shares |
| Maximum Amount: | ₹195,000 |
Exxaro Tiles IPO Date, Time Table, Allotment & Listing
| Price Band Announcement: | 30 July 2021 |
| Anchor Investors Allotment: | 03 August 2021 |
| IPO Open Date: | 04 August 2021 |
| IPO Close Date: | 06 August 2021 |
| Basis of Allotment: | 11 August 2021 |
| Refunds: | 12 August 2021 |
| Credit to Demat Account: | 13 August 2021 |
| IPO Listing Date: | 17 August 2021 |
Exxaro Tiles IPO Subscription FAQs:
When Exxaro Tiles IPO Subscription will start?
The IPO subscription starts on 04 August 2021 for QIB, NII, and Retail Investors.
How much Exxaro Tiles IPO subscribed?
The IPO subscribed 22.67x times on day 3.
What is Exxaro Tiles IPO Retail subscription status?
The RII subscription is 40.10x on day 3.
How to subscribe Exxaro Tiles IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Exxaro Tiles IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
