Home / Stocks / IPO / Exxaro Tiles Limited

Exxaro Tiles Limited
Closed 6 Aug 2021

Minimum Investment
₹14750

Issue Price
₹120

Listing Day Opening
₹126

Listing Day Closing
₹132.3

Listing Day Gains
10.25

Retail Investor can invest upto Rs 2,00,000 in IPO

About the Company

Exxaro Tiles Limited engaged in manufacturing and marketing of vitrified tiles used majorly for flooring solutions. It commenced business as a partnership firm in 2007-08 as a manufacturer of frit, which is one of the raw materials used in manufacturing of tiles and have over the years, diversified, expanded and evolved into a manufacturer for vitrified tiles. It believes the success is the result of sustained efforts over the years in key aspects of its business, such as product portfolio, process improvements, relationship with our dealers and increased scale of operations.
For the nine months ended December 31, 2020 and for Fiscals 2020, 2019 and 2018, the revenue from operations was Rs. 167.83 crore, Rs. 240.74 crore, Rs. 242.25 crore and Rs.219.54 crore, respectively, growing at a CAGR of 4.71% between Fiscal 2018 and Fiscal 2020.

Prospectus Document

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Dates

Offer End	:	6 Aug 2021
Allotment Finalisation	:	11 Aug 2021
Refund Initiation	:	12 Aug 2021
Listing	:	16 Aug 2021

How to Apply for IPOs on Paytm Money

Step 1
Once KYC is done, enter your bid details (quantity, price & no. of bids) and submit UPI ID.

Step 2
Accept the “Block Funds” request on UPI app

Step 3
If allotted, final amount will be debited otherwise, it will be unblocked.

The Bidding Process

Applying for an IPO is easier than ever with Paytm Money, in just a few clicks your application is processed. You can bid for any IPO through Paytm, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
The maximum subscription amount for retail investors is 2 lakh.
Any bid can be at a desired price or cut off price given by the company.

How to bid on App

Enter the number of shares you wish to buy, as per the lot size.
You can apply at the cut off price set by the company or bid for a desired amount within the price band.
Maximum three bids will be accepted.
You then need to enter the UPI ID on Paytm Money’s IPO application form.

Investing using UPI

You will immediately get a fund block request on your UPI for the submitted IPO application.
The funds will be blocked in your bank account until allotment when it is debited.
The limit for IPO application is Rs 2 lakh per transaction on UPI.
On allotment of the shares, the money will be automatically debited.
If the share aren’t allotted the blocked funds will reflect back into your account.