
Materials & Construction · NSE / BSE
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.
Price Band
₹118 – ₹120
Issue Size
₹161 Cr
Lot Size
125 shares
GMP
+4.2%
Est. Listing
₹125
at current GMP
Subscribed
—
Open
4 Aug 2021
Close
6 Aug 2021
Allotment
11 Aug 2021
Refund
12 Aug 2021
Demat Credit
13 Aug 2021
Listing
16 Aug 2021
Designated Registrar: Link Intime India Private Limited
Allotment Date
11 Aug 2021
Basis finalization
Refunds Initiate
12 Aug 2021
Mandate release
Demat Credit
13 Aug 2021
Shares in demat
Listing Debut
16 Aug 2021
Trading begins
Exxaro Tiles Limited is bringing an initial public offering (IPO) in the Materials & Construction sector with an aggregate issue size of ₹161 Crores. The shares are offered at a price band of ₹118 to ₹120 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2021-08-06, the basis of allotment is scheduled to be finalized on 2021-08-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.