Exxaro Tiles Limited IPO

Exxaro Tiles Limited IPO is listed on BSE and NSE, priced at ₹118–₹120 per share. The stock debuted at ₹126, delivering a listing gain of 5.0%. The IPO had a lot size of ₹125 shares and a minimum investment of ₹15,000.

Exxaro Tiles Limited IPO

Mainboard Listed
₹15,000 (125 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 4, 2021 – Aug 6, 2021
Price band
₹118-120 per equity share
Minimum Investment
₹15,000
Issue size
3,424,000 Eq Shares of ₹10 (aggregating up to ₹161.09 Cr) Fresh Issue: 11,186,000 Eq Shares of ₹10 (aggregating up to ₹134.23 Cr) Offer for Sale: 2,238,000 Eq Shares of ₹10 (aggregating up to ₹26.86 Cr)
Lot size
125
Allotment Date
Aug 11, 2021
Listing
Aug 16, 2021
Listing At
BSE, NSE

IPO timeline

  1. Aug 4, 2021

    Open Date

    Completed

  2. Aug 6, 2021

    Close Date

    Completed

  3. Aug 11, 2021

    Allotment Date

    Completed

  4. Aug 16, 2021

    Listing Date

    Completed

Price Summary

Last closing
6.77 (-94.36%)
52 week high
10.95
52 week low
6.00
Last update

Exxaro Tiles Limited IPO Essentials

Exxaro Tiles Limited IPO Details

Exxaro Tiles Limited IPO is priced at ₹118-120 per share with a total issue size of 3,424,000 Eq Shares of ₹10 (aggregating up to ₹161.09 Cr) Fresh Issue: 11,186,000 Eq Shares of ₹10 (aggregating up to ₹134.23 Cr) Offer for Sale: 2,238,000 Eq Shares of ₹10 (aggregating up to ₹26.86 Cr). The IPO has a lot size of 125 shares and is listed on BSE and NSE.

Issue price
₹118-120 per equity share
Lot size
125 shares
Face value
₹10 Per Equity Share 
Issue size
3,424,000 Eq Shares of ₹10 (aggregating up to ₹161.09 Cr)

Fresh Issue: 11,186,000 Eq Shares of ₹10 (aggregating up to ₹134.23 Cr)

Offer for Sale: 2,238,000 Eq Shares of ₹10 (aggregating up to ₹26.86 Cr)
Listing at
BSE, NSE
List price
126.0 (NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Pantomath Capital Advisors Pvt Ltd

Exxaro Tiles Limited IPO Details

  • Retail Portion 40%

Exxaro Tiles Limited IPO Documents

Exxaro Tiles Limited IPO Analytics

Exxaro Tiles Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Exxaro Tiles Limited IPO Subscription Status

Exxaro Tiles Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Employee Total
Shares Offered / Reserved 13,15,550
46,04,425
52,62,200 2,68,500 114,50,675
Day 1 04-08-21 05:00 PM
1.11 x
0.65x
9.29 x 0.74 x 4.67 x
Day 2 05-08-21 05:00 PM
1.64 x
0.93x
21.11 x 1.56 x 10.30 x
Day 3 06-08-21 08:00 PM
17.68 x
5.36x
40.10 x 2.52 x 22.68 x
Total No. of Applications
category wise applications
1443239 (Approx) 34.28

Exxaro Tiles Limited Valuations

Earnings

EPS (Post IPO)
₹3.42/-
P/E Ratio
35.09

Returns

RoNW
11.88%

Data sourced from DRHP / RHP • For educational purposes only

Exxaro Tiles Limited Financials( In Crs.)

31-Mar-21 31-Mar-20 31-Mar-19
Assets 369.31 387.05 358.25
Revenue 259.85 243.96 244.00
Profit After Tax 15.22 11.25 8.91

Exxaro Tiles Limited Company & Offer Insights

About Exxaro Tiles Limited

Exxaro Tiles is engaged in the manufacturing and marketing activities of vitrified tiles. The company manufactures Double Charge Vitrified Tiles (double layer pigment) and Glazed Vitrified Tiles made from ceramic materials i.e. clay, quartz, and feldspar. Its product portfolio consists of 1000+ different designs of tiles in 6 sizes. Topaz Series, Galaxy Series, and High Gloss Series are some of the well-established products of the company.

It supplies its products to large infrastructure projects i.e. residential, educational, commercial, hotels, hospitals, government, builders or developers, religious institutions, etc. It also exports tiles to different countries across the globe i.e. Poland, Bosnia, USA, and others.

Currently, Exxaro Tiles has 2 state-of-the-art manufacturing facilities in Padra and Talod with an installed production capacity of 1,32,00,000 sq mt per annum. It further has 6 display centers in 6 cities and 2 marketing offices in Delhi and Morbi.

Exxaro Tiles Limited Promoter(s)

Mr. Mukeshkumar Patel, Mr. Kirankumar Patel, Mr. Dineshbhai Patel, Mr. Rameshbhai Patel are the company's promoters of Exxaro Tiles Limited.

Exxaro Tiles Limited IPO Issue Objectives

To make repayment or prepayment of secured borrowings availed by the company.
To meet working capital requirements.
Meet general corporate purposes.

Exxaro Tiles Limited IPO - Anchor Investors

Exxaro Tiles raises Rs 23.68 crore from anchor investors, ahead of IPO
Quant Mutual Fund through its Quant Active Fund and Quant Small Cap Fund bought 7,78,250 equity shares each, and AG Dynamic Funds acquired 4,16,825 equity shares, the company added.

Exxaro Tiles Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Exxaro Tiles 3.14 35.09 11.88% 259.85
Kajaria Ceramics 8.23 51.24 16.07% 2,802.20
Asian Granito India Ltd 1.14 12.31 9.30% 1,293.64
Orient Bell Ltd 2.11 40.06 5.27% 504.34
Somany Ceramics 4.76 53.76 8.86% 1,663.24

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Exxaro Tiles Limited IPO is a book-built IPO worth ₹3,424,000 Eq Shares of ₹10 (aggregating up to ₹161.09 Cr) Fresh Issue: 11,186,000 Eq Shares of ₹10 (aggregating up to ₹134.23 Cr) Offer for Sale: 2,238,000 Eq Shares of ₹10 (aggregating up to ₹26.86 Cr). The price band is ₹118–₹120 per share. The IPO opens on Aug 4, 2021 and closes on Aug 6, 2021. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Exxaro Tiles Limited IPO is ₹118 to ₹120 per share.

The lot size of Exxaro Tiles Limited IPO is 125 shares.

The minimum investment for Exxaro Tiles Limited IPO is approximately ₹15,000 based on the upper price band .

Exxaro Tiles Limited IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.

The allotment date of Exxaro Tiles Limited IPO is Aug 11, 2021.

Exxaro Tiles Limited IPO is expected to be listed on Aug 16, 2021, on BSE and NSE .

Exxaro Tiles Limited IPO listed on Aug 16, 2021. It was issued at ₹126.0 (NSE) and is currently around ₹6.77 as on 14-May-2026 3:30 PM, which is approximately -94.4% versus issue price. The 52-week high is ₹10.95.

Based on listing and post-listing performance, Exxaro Tiles Limited IPO delivered around -94.4% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Exxaro Tiles Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Exxaro Tiles Limited IPO valuation snapshot: P/E 35.09, EPS ₹3.42/-, P/B N/A, RoNW 11.88%, and market cap N/A.

To apply for Exxaro Tiles Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Exxaro Tiles Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Exxaro Tiles Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Exxaro Tiles Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Exxaro Tiles Limited IPO allotment status on IPO Ji for quick and easy access.