Exxaro Tiles limited Incorporated in 2008, 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
- Variety of vitrified tiles design choices in different sizes.
- Large dealer network with 2,000+ registered dealers.
- Strong PAN India presence in 27 states of India.
- International presence with export to 13+ countries across the globe.
- One of the largest manufacturing plants of glazed vitrified tiles in India.
Exxaro Tiles Limited IPO Tentative Timetable
| Particular | Date |
| IPO Open Date | 04 Aug 2021 |
| IPO Close Date | 06 Aug 2021 |
| Allotment Date | 11 Aug 2021 |
| IPO Listing Date | 17 Aug 2021 |
Exxaro Tiles Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 118 to Rs. 120 Per Equity Share |
| Market Lot | 125 Share |
| NSE Symbol | |
| BSE Symbol | |
| ISIN Code | |
| Listing At | NSE, & BSE |
| Issue Size | Approx. Rs. 161 Crore. |
Exxaro Tiles Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 125 | Rs. 15000 |
| Maximum | 13 | 1625 | Rs. 195000 |
Exxaro Tiles Limited IPO Allotment Status
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Click Here To Get ASBA Forms Exxaro Tiles Limited IPO
Company Financials:
| Particular | 31 March 2021 | 31 March 2020 | 31 March 2019 |
| Total Assets | 3693.14 | 3870.55 | 3582.55 |
| Total Revenue | 2598.53 | 2439.64 | 2440.06 |
| Profit After Tax | 152.23 | 112.59 | 89.17 |
Company Promoters:
Ashok Kumar Windlass, Hitesh Windlass, Manoj Kumar Windlass, and AKW WBL Family Pvt Trust are the company promoters.
Objects of this Issue:
The net IPO proceeds will be used for the following purposes;
- To purchase equipment required for capacity expansion of our existing facility at Dehradun Plant IV.
- To finance incremental working capital requirements of the company.
- Repayment/prepayment of company’s borrowings.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Exxaro Tiles Limited Survey No. 169 & 170, Vavdi Harsol Road, At & Po. Mahelav, Taluka: Talod, Sabarkantha – 383 305 Phone: +02772-350555 Email: cs@exxarotiles.com Website: http://www.exxarotiles.com/ | Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083 Phone: +91-22-4918 6270 Email: rolex.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
