Exxaro Tiles Ltd IPO 

The Exxaro Tiles Ltd's ₹161 Cr IPO will open for subscription from 4th August, 2021.

The Exxaro Tiles Ltd's IPO market lot size is of 125 shares. A retail-individual investor can apply for up to 13 lots (total 1625 shares at  ₹195,000).

The issue will close on 6th August, 2021.

Exxaro Tiles Ltd IPO Details

Exxaro Tiles IPO Tentative Timetable 

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.