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| Issue Open | Aug 4, 2021 |
| Issue Close | Aug 6, 2021 |
| IPO Price | ₹120 |
| Face Value | ₹10 |
| IPO Size | ₹161.09 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 125 |
Exxaro Tiles IPO subscribed 22.65 times. The public issue subscribed 40.05 times in the retail category, 17.67 times in QIB, and 5.36 times in the NII category by Aug 6, 2021.
Application Wise IPO Subscription (Retail): 34.48 times
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 17.67 |
| Non-Institutional Buyers | 5.36 |
| Retail Investors | 40.05 |
| Employees | 2.53 |
| Others | [.] |
| Total | 22.65 |
| Date | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
Day 1 | 1.11 | 0.65 | 9.29 | 0.74 | 4.67 |
Day 2 | 1.66 | 0.97 | 21.29 | 1.56 | 10.40 |
Day 3 | 17.67 | 5.36 | 40.05 | 2.53 | 22.65 |
Exxaro Tiles IPO is a public issue of 11,450,675 equity shares. The issue offers 5,262,200 shares to retail investors, 1,315,550 shares to qualified institutional buyers, and 4,604,425 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,315,550 | 11.49% |
| NII | 4,604,425 | 40.21% |
| Retail | 5,262,200 | 45.96% |
| Employee | 268,500 | 2.34% |
| Total | 11,450,675 | 100% |
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Exxaro Tiles IPO is subscribed 22.65 by Aug 6, 2021.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 17.67 |
| Non Institutional | 5.36 |
| Retail Individual | 40.05 |
| Employee Reservations | 2.53 |
| Others | [.] |
| Total Subscription | 22.65 |
An investor can apply in Exxaro Tiles IPO online via bank (using ASBA) or the broker (using UPI). The Exxaro Tiles IPO shares are offered online only.
The Exxaro Tiles IPO is subscribed 22.65 by Aug 6, 2021.
The Exxaro Tiles IPO allotment status is expected on or around Aug 11, 2021. Visit Exxaro Tiles IPO allotment status to check.
Visit Exxaro Tiles IPO subscription status page for real-time bidding information about Exxaro Tiles IPO.
| IPO Opens On | Aug 4, 2021 |
| IPO Closes On | Aug 6, 2021 |
| Finalisation of Basis of Allotment | Aug 11, 2021 |
| Initiation of Refunds | Aug 12, 2021 |
| Credit of Shares to Demat Account | Aug 13, 2021 |
| IPO Listing Date | Aug 16, 2021 |
Useful Articles
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Rs 0 Demat AMC
