Thaai Casting Limited
ListedSMEEmerging SME Services · NSE
Thai Casting Limited, founded in June 2010, is a leading automotive ancillary company specializing in High-Pressure Die Casting, precision Machining of Ferrous and Non-Ferrous materials, and Induction Heating & Quenching. As an IATF 16949:2016 certified company, it upholds strict quality standards to produce high-performance automotive components, including engine mounting brackets, transmission mounts, steering wheel armatures, and electrical connectors. Located in Tiruvallur, Tamil Nadu, India, its advanced manufacturing unit and dedicated die-making facility enable efficient new product development. With a focus on innovation and customer satisfaction, Thai Casting employs 132 skilled professionals as of September 30, 2023.
Price Band
₹73 – ₹77
Issue Size
₹47.20 Cr
Lot Size
1600 shares
GMP
₹80
+103.9%
Est. Listing
₹157
at current GMP
Subscribed
375.52x
overall
Open
15 Feb 2024
Close
20 Feb 2024
Allotment
21 Feb 2024
Refund
22 Feb 2024
Demat Credit
23 Feb 2024
Listing
23 Feb 2024
Last updated 12 days ago
Live Grey Market Premium
Thaai Casting Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹80+103.9%
Issue Price (Upper)
₹77
Band: ₹73 – ₹77
Estimated Listing Price
₹157
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,23,200
Estimated Profit / Lot
₹1,28,000
1600 × ₹80
Thaai Casting Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹80
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹80 | 103.9% | ₹157 |
| 30 Oct 2026 | +₹80 | 103.9% | ₹157 |
| 29 Oct 2026 | +₹72 | 93.5% | ₹149 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Thaai Casting Limited Public Issue & Market Profile
Thaai Casting Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹47.2 Crores. The shares are offered at a price band of ₹73 to ₹77 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2024-02-20, the basis of allotment is scheduled to be finalized on 2024-02-21. 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 (Purva Sharegistry India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Thaai Casting Limited IPO GMP today?
The latest grey market premium for Thaai Casting Limited IPO is ₹80, which indicates an expected listing price of ₹157.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.