| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹160.78 Cr |
| Fresh Issue | ₹133.98 Cr |
| Offer for Sale | ₹26.81 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹118.00-120.00 per share |
| Discount | Retail: 0.00,Employee: 12.00 |
| BSE Code | 543327 |
| NSE Code | EXXARO |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Pantomath Capital Advisors Pvt.Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
![]() ₹0 A/C OpeningFree MF ₹20F&O Trade ₹0Delivery 1Cr+Customers Open Free Account → |
![]() ₹0 A/C Opening₹0 AMC Trading Account ₹20F&O Trade ₹20Delivery FreeIPO Apply Open Free Account → |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 125 shares and in multiples thereof
Incorporated in 2008, Exxaro Tiles is engaged in the manufacturing and marketing activities of vitrified tiles. The company manufactures Double Charge Vitrified Tiles (double layer pigment) and Glazed Vitrified Tiles made from ceramic materials i.e. clay, quartz, and feldspar. Its product portfolio consists of 1000+ different designs of tiles in 6 sizes. Topaz Series, Galaxy Series, and High Gloss Series are some of the well-established products of the company.
It supplies its products to large infrastructure projects i.e. residential, educational, commercial, hotels, hospitals, government, builders or developers, religious institutions, etc. It also exports tiles to different countries across the globe i.e. Poland, Bosnia, USA, and others.
Currently, Exxaro Tiles has 2 state-of-the-art manufacturing facilities in Padra and Talod with an installed production capacity of 1,32,00,000 sq mt per annum. It further has 6 display centers in 6 cities and 2 marketing offices in Delhi and Morbi.
Competitive Strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment/repayment of certain secured borrowings availed by our Company | 50.00 |
| 2 | Funding the working capital requirements of the Company | 45.00 |
| 3 | General corporate purposes | 23.53 |
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 369.31 | 387.06 | 358.26 |
| Total Income | 259.85 | 243.96 | 244.01 |
| Profit After Tax | 15.22 | 11.26 | 8.92 |
| EBITDA | 47.35 | 42.96 | 37.83 |
| NET Worth | 128.19 | 112.89 | 101.61 |
| Reserves and Surplus | 102.48 | 87.18 | 75.90 |
| Total Borrowing | 161.00 | 174.16 | 158.66 |
| Amount in ₹ Crore | |||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees | 0.40 |
| 2 | Selling commission | 0.81 |
| 3 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.21 |
| 4 | Fees payable to the Registrar to the Offer | 0.02 |
| 5 | Listing fees | 0.01 |
| 6 | Fees payable to the other advisors to the Offer | 0.00 |
| 7 | NSDL and CDSL Charges post issue | 0.08 |
| 8 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 0.09 |
| 9 | Printing and stationery | 0.02 |
| 10 | Advertising and marketing expenses | 0.16 |
| 11 | Fee payable to legal counsels | 0.04 |
| 12 | Miscellaneous | 0.02 |
| 13 | Monitoring agency | 0.00 |
| 14 | Sponsor bank | 0.01 |
Last Updated on 17-Jul-2026 15:25:12