Exxaro Tiles IPO Closed

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IPO date 04 Aug 2021 – 06 Aug 2021
Listing date 16 Aug 2021
Price range 118 – 120
Minimum order quantity 125
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Exxaro Tiles is engaged in the manufacturing and marketing of vitrified tiles which are majorly used for flooring solutions. Its business operations are broadly divided into two product categories; Double charge vitrified tiles and Glazed vitrified tiles. The company has a pan India presence in 24 states and union territories and internationally supplies products to over 12 countries.

The company expects to raise Rs. 161 crore from its public offer which comprises a fresh issue of 1.1 crore equity shares and an offer for sale of 22.38 lakh equity shares from selling shareholders.

Financial Snapshot

Financial Year Ended Revenue (₹ Crores) PAT (₹ Crores) EPS (₹)
March 2019 244.01 8.92 2.66
March 2020 243.96 11.25 3.36
March 2021 259.85 15.22 4.54

How do I apply to the Exxaro Tiles IPO?

You can apply for the Exxaro Tiles IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.