IPO Premiums
IPO calendar
ETEXXAROListed

Exxaro Tiles Limited

Book Built Issue IPO · NSE, BSE

Price band
₹118-₹120
Lot size
125 shares
Issue amount
₹161 cr
Total subscription
0×
Current price₹7.07
Listing price ₹126
Watch live price ↗
Opens
4 Aug 2021
Closes
6 Aug 2021
Allotment
11 Aug 2021
Listing
16 Aug 2021

Offer at a glance

Issue overview

Issue size
1,34,24,000 shares
Face value
₹10 per share
Minimum investment
₹14,750
Fresh issue
₹134 cr
Offer for sale
₹27 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE, BSE
Maximum investment
₹15,000
Issue type
Book Built Issue IPO
Shares before issue
3,35,55,070
Shares after issue
4,47,41,070

Lot sizes

CategoryLotsSharesAmount
RETAIL1125₹15,000
sHNI141,750₹2,10,000
bHNI678,375₹10,05,000

Share reservation

QIB24.5%
NII (HNI)34.3%
RETAIL39.2%
Employee2%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

02.5523 Dec: ₹5
23 Dec₹523 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
01,0002,0003,000Mar-19 · Revenue: 2,440.06Mar-19 · Profit after tax: 89.17Mar-19Mar-20 · Revenue: 2,439.64Mar-20 · Profit after tax: 112.59Mar-20Mar-21 · Revenue: 2,598.53Mar-21 · Profit after tax: 152.23Mar-21
RevenueProfit after tax

Company information

Company profile

Incorporated in 2008, Exxaro Tiles is engaged in the manufacturing and marketing of vitrified tiles, including Double Charge and Glazed Vitrified Tiles made from ceramic materials like clay, quartz, and feldspar. The company offers over 1,000 designs across six sizes, with popular product lines such as Topaz Series, Galaxy Series, and High Gloss Series. Exxaro supplies its tiles to large infrastructure projects—including residential, commercial, educational, healthcare, and religious institutions—and exports to countries like Poland, Bosnia, and the USA. The company operates two manufacturing facilities in Padra and Talod with an annual production capacity of 1.32 crore sq. mt., along with six display centers and two marketing offices in Delhi and Morbi.

Strengths

  • Wide Tile Variety: Offers vitrified tiles in multiple designs and sizes.
  • Extensive Dealer Network: Over 2,000 registered dealers across India.
  • Pan-India Presence: Operations in 27 states across the country.
  • Global Reach: Exports to 13+ countries internationally.
  • Large Manufacturing Capacity: One of India’s biggest glazed vitrified tile plants.

Promoters

Mr. Mukeshkumar Patel

Mr. Kirankumar Patel

Mr. Dineshbhai Patel

Mr. Rameshbhai Patel

Registrar & documents

Lead manager

Pantomath Capital Advisor Private Limited

Registered office

Survey No. 169 & 170, Vavdi Harsol Road, At & Po. Mahelav, Taluka: Talod, Sabarkantha - 383 305

+02772-350555

[email protected]Company website ↗

Understanding EXXARO IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.