Exchanges
BSE, NSE
Issue
Book building

Exxaro Tiles IPO

₹132.30

+10.25% on listing

Listing-day close · NSE · 16 Aug 2021 · issue price ₹120

Exxaro Tiles’ ₹161 crore IPO was priced at ₹120 a share. It listed on the NSE on 16 Aug 2021 and closed its first day at ₹132.30, up 10.25% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹161 Cr
Fresh issue
₹134 Cr
Offer for sale
₹26.81 Cr
Lot size
125 shares
Minimum investment
₹15,000
Face value
₹10
Registrar
MUFG Intime India

Subscription

Exxaro Tiles IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—16.12×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹537 Cr
Promoter holding
56.09% → 42.07%

From the offer documents.

Listing

Listing date
16 Aug 2021
Issue price
₹120
Open
₹126.00
High
₹132.30
Low
₹126.00
Close
₹132.30

Listing day on the NSE. The close was +10.25% on the issue price.

EXXARO share price today

FAQs

When did the Exxaro Tiles IPO open and close?

It opened on 4 Aug 2021 and closed on 6 Aug 2021.

What was the Exxaro Tiles IPO price?

The price band was ₹118–120 a share. The final issue price was ₹120.

What is the lot size and minimum investment?

One lot is 125 shares, ₹15,000 at ₹120 a share. Retail investors apply in whole lots.

How much did Exxaro Tiles raise?

₹161 crore: ₹134 crore of new shares and ₹26.81 crore offered by existing shareholders.

How many times was the Exxaro Tiles IPO subscribed?

16.12 times overall.

How did Exxaro Tiles list?

It listed on the NSE on 16 Aug 2021 at ₹126.00 and closed the day at ₹132.30, up 10.25% on the ₹120 issue price.

Who is the registrar of the Exxaro Tiles IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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