Exxaro Tiles IPO Listing on 16 August 2021 on NSE & BSE

IPO Initial Public Offerings
Exxaro Tiles IPO to list on NSE and BSE on 16 August 2021, Monday at 10:00 AM. The company to list in “T Group”. The Exxaro Tiles IPO subscribed 22.67x times overall that comprises QIB 17.67x, NII 5.36x and Retail 40.10x. One might see a heavy buying or selling in the Exxaro Tiles on the listing day. As per the market speculations the grey market is not active and the last trade was ₹5 to ₹10. So we can expect the listing around the flat rate or we might see it around ₹125 to ₹130 level. They are manufacturer of vitrified tiles used majorly for flooring solutions based in Gujarat. The balance sheet looks good with PAT at ₹15.22 crores in 2021 against ₹11.26 crores in 2020. The revenues also been stable in last four years or so. Check out the Exxaro Tiles IPO listing details as given below:

Latest Update: Exxaro Tiles IPO is listed at 1% premium at ₹126 on NSE and BSE. The Exxaro Tiles stock listed as per the IPOWatch team estimated as per the grey market was hovering around ₹5 to ₹10. The stock hit the high of ₹132 in early trade and low of ₹126.

Exxaro Tiles

    Exxaro Tiles Share Price Live Quote

    DetailsBSE ListingNSE Listing
    IPO Price
    ₹120.00
    ₹120.00
    List Price
    ₹126.00
    ₹126.00
    High Price
    ₹132.30
    ₹132.30
    Low Price
    ₹126.00
    ₹126.00
    Close Price
    ₹132.25
    ₹132.30
    Volume
    7,40,733
    46,33,233

    BSE Notice of Listing: Notice 1 | Notice 2

    Exxaro Tiles IPO Listing Details

    Find the Exxaro Tiles IPO listing details like BSE Code, NSE Code, ISIN Number and Listing Group. The information given below will help you on the Exxaro Tiles share listing day.
    BSE Code543327
    NSE CodeEXXARO
    GroupT
    ISIN NoINE0GFE01018
    Offer Price₹120
    Face Value₹10
    Listing Date16 August 2021, Monday

    Important Links:

    Exxaro Tiles IPO Subscription Status (Final Data)

    (Over Subscribed) 

    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.
    CategoryDay 1Day 2Day 3
    QIB0.95x1.65x17.67x
    NII0.65x0.93x5.36x
    RII11.27x21.10x40.10x
    EMP0.74x1.56x2.53x
    Total4.63x10.29x22.67x

    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: 16 August 2021

    Exxaro Tiles IPO Listing FAQs:

    When is Exxaro Tiles IPO Listing Date?

    Exxaro Tiles IPO listing date is 16 August 2021, Monday.

    What will be Exxaro Tiles IPO Listing Price?

    The IPO listed at ₹126.00 on NSE and at ₹126.00 on BSE. As per the market speculations the IPO to list at ₹120-₹130.

    Will Exxaro Tiles will list on NSE and BSE?

    Yes, The IPO to list on NSE and BSE both the indices.

    How much returns expected in Exxaro Tiles IPO?

    The IPO might give a listing gain of ₹500 to ₹1000.

    Should I buy Exxaro Tiles shares on listing day?

    We do not recommend the Exxaro Tiles share buy or sell on the listing day.

    What is a BSE and NSE Code for the Exxaro Tiles IPO?

    The BSE Code is 543327 while NSE Code is EXXARO.

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