
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 6,708,333 | — | 0.00x |
| Non-Institutional (NII / HNI) | 2,012,500 | — | 0.00x |
| Retail Individual (RII) | 4,695,833 | — | 0.00x |
| Total | 13,416,666 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 37,567 | 37,567 | 1.00x |
| HNIs (10L +) | 240 | 240 | 1.00x |
| HNIs (2-10L) | 1,150 | 1,150 | 1.00x |
| Total Applications | 38,957 | 38,957 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Exxaro Tiles Limited IPO is ₹5 per equity share. Based on the upper price band of ₹118 to ₹120 per equity share, the estimated listing price is ₹125 (+4.2% expected listing gain).
With a lot size of 125 shares and current GMP of ₹5, the expected profit per application lot is approx ₹625 (+4.2% gain). Minimum application cost is approx ₹15,000.
The Exxaro Tiles Limited IPO aggregate issue size is ₹161 Crores with an equity price band set at ₹118 to ₹120 per equity share. The retail lot size is 125 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-08-11. Investors can verify status using PAN card or application number.
Exxaro Tiles Limited shares are scheduled to list on NSE and BSE on 2021-08-16.