Exxaro Tiles IPO Subscription Status & Subscription Numbers | Should You Subscribe ?

Exxaro Tiles IPO (Initial Public Offering) will open for subscription on 04 Aug 2021 which is Wednesday. Exxaro Tiles IPO will close for subscription on 06 July 2021 which is Friday. The GMP is not showing a good trend which is only Rs 17 and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.161.09 crore via IPO. 
Exxaro Tiles is engaged in the manufacturing and marketing of vitrified tiles used majorly for flooring solutions. We commenced business as a partnership firm in 2007-08 as a manufacturer of frit, which is one of the raw materials used in the manufacturing of tiles, and have over the years, diversified, expanded, and evolved into a manufacturer for vitrified tiles. Our business operations are broadly divided into two product categories. The price band of the IPO is ₹118 to ₹120. The Exxaro Tiles IPO to list on NSE and BSE. Check out Exxaro Tiles grey market premium, Kostak rates, and subject to sauda rates as of today.

Latest Update: Windlas Biotech IPO subscribed 22.58x times, QIB 17.67x, NII  5.36x and RII 39.90x times on day 3.

    Exxaro Tiles IPO Subscription Status & Subscription Numbers

    Exxaro Tiles IPO Subscription Numbers
    (Day 3)

    Category Day 1 Day 2 Day 3
    QIB 0.95x 1.65x 17.67x
    NII 0.65x 0.93x 5.36x
    RII 9.23x 21.10x 39.90x
    EMP 0.74x 1.56x 2.53x
    OTH x x x
    Total 4.63x 10.29x 22.58x

    Exxaro Tiles IPO Date & Price Band:

    IPO Opening Date Aug 4, 2021
    IPO Closing Date Aug 6, 2021
    Issue Type Book Built Issue IPO
    Face Value ₹10 per equity share
    IPO Price ₹118 to ₹120 per equity share
    Market Lot 125 Shares
    Min Order Quantity 125 Shares
    Listing At BSE, NSE
    Issue Size 13,424,000 Eq Shares of ₹10
    (aggregating up to ₹161.09 Cr)
    Fresh Issue 11,186,000 Eq Shares of ₹10
    (aggregating up to ₹134.23 Cr)
    Offer for Sale 2,238,000 Eq Shares of ₹10
    (aggregating up to ₹26.86 Cr)

    Exxaro Tiles IPO Tentative Timetable

    The Exxaro Tiles IPO open date is 4 Aug 2021, and the close date is 6 Aug 2021. The issue may list on. 
    IPO Open Date Aug 4, 2021
    IPO Close Date Aug 6, 2021
    Basis of Allotment Date Aug 11, 2021
    Initiation of Refunds Aug 12, 2021
    Credit of Shares to Demat Account Aug 13, 2021
    IPO Listing Date Aug 17, 2021

    Exxaro Tiles IPO Market Lot:

    The Exxaro Tiles IPO minimum market lot is 125 shares with ₹15,000 application amount. The retail investors can apply up to 13 lots with 1625 shares or ₹195,000 amounts.

    Minimum Lot Size: Minimum 125 Shares
    Minimum Amount: ₹15,000
    Maximum Lot Size: Maximum 1625 Shares
    Maximum Amount: ₹195.000

    Exxaro Tiles IPO Subscription FAQs:

    When Exxaro Tiles IPO Subscription will start?
    The Exxaro Tiles IPO subscription starts on 04 Aug 2021 for QIB, NII, and Retail Investors.

    How much is Exxaro Tiles IPO subscribed?
    The Exxaro Tiles IPO subscribed 22.58times on day 1.

    What is the Exxaro Tiles IPO retail subscription status?
    The Exxaro Tiles retail subscription is 39.90on day 1.

    How to subscribe to Exxaro Tiles IPO?
    You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How do I check live Exxaro Tiles IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.

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