Thaai Casting is a prominent car ancillary corporate with IATF 16949:2016 certification, focusing on High-Pressure Die Casting, in addition to the precision Machining of each Ferrous and Non-Ferrous fabrics and Induction heating and quenching. Founded through Mr. Sriramulu Anandan, a seasoned skilled with intensive experience in Pressure Die Casting and Machining Processes, their industry fashion is firmly rooted in a B2B way, catering to main entities within the car elements sector. Their product portfolio contains a numerous vary of Automobile elements, together with Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature – Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand force aspect/Left-hand force aspect), Housing, Top Cover, and extra.
In popularity in their dedication to environmental sustainability, they proudly won the MSIL-GREEN Certification from Maruti Suzuki India Limited in 2021. This acknowledgment underscores their determination to adopting and selling eco-friendly practices inside of their operations. In 2022, their corporate was once commemorated with prestigious awards from trade leaders reminiscent of Hanon and RSB, spotting their excellence relating to Best Quality and being a standout Vendor. As they proceed to conform and uphold the easiest requirements of their production processes, they continue to be steadfast in turning in top-notch services and products to their valued clientele within the car sector.
Objects of the Issue:
- To meet out the Capital Expenditure
- To meet out the General Corporate Purposes
- To meet out the Issue Expenses
Thaai Casting IPO Review
Thaai Casting IPO Date & Price Band Details
IPO Open: | February 15, 2024 |
IPO Close: | February 19, 2024 |
IPO Size: | Approx ₹47.20 Crores, 6,129,600 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹73 to ₹77 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the web be offering |
QIB Quota: | 50% of the web be offering |
NII Quota: | 15% of the web be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Thaai Casting IPO Market Lot
The Thaai Casting IPO minimal marketplace lot is 1600 stocks with a ₹123,200 utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1600 | ₹123,200 |
Retail Maximum | 1 | 1600 | ₹123,200 |
S-HNI Minimum | 2 | 3200 | ₹246,400 |
Thaai Casting IPO Dates
The Thaai Casting IPO date is February 15 and the IPO shut date is February 19. The IPO allotment date is February 20 and the IPO may checklist on February 22.
IPO Open Date: | February 15, 2024 |
IPO Close Date: | February 19, 2024 |
Basis of Allotment: | February 20, 2024 |
Refunds: | February 21, 2024 |
Credit to Demat Account: | February 21, 2024 |
IPO Listing Date: | February 22, 2024 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Thaai Casting IPO Form
How to use Thaai Casting IPO? You can follow Thaai Casting IPO by means of ASBA to be had for your checking account. Just cross to the web financial institution login and follow by means of your checking account through deciding on the Thaai Casting IPO within the Invest segment. The different possibility you’ll follow Thaai Casting IPO by means of IPO bureaucracy obtain by means of the NSE website online. Check out the Thaai Casting bureaucracy – click on NSE IPO Forms obtain, fill and post for your financial institution or along with your dealer.
Thaai Casting Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹20.49 | ₹19.90 | ₹0.40 |
2022 | ₹38.42 | ₹36.66 | ₹1.15 |
2023 | ₹49.12 | ₹41.91 | ₹5.04 |
2023 6M | ₹28.89 | ₹21.36 | ₹5.57 |
Thaai Casting IPO Valuation – FY2023
Check Thaai Casting IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹2.96 in step with Equity Share |
Price/Earning P/E Ratio: | [.] |
Return on Net Worth (RoNW): | 40.10% |
Net Asset Value (NAV): | ₹9.51 in step with Equity Share |
Peer Group
- Endurance Technologies Limited
- Electro Steel casting Limited
- Sriramulu Anandan
- Anandan Shevaani
- Chinraj Venkatesan
Thaai Casting IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/queries/
Thaai Casting IPO Allotment Status
Check Thaai Casting IPO allotment standing on Purva Sharegistry website online URL. Click Here
Thaai Casting IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
Thaai Casting Ltd
No. A-20 SIPCOT Industrial Park
seventh Cross Street,
Pillaipakkam, Tiruvallur,-602105
Phone: +91 79046 50127
Email: [email protected]
Website: https://www.thaaicasting.com/
Thaai Casting IPO FAQs
What is Thaai Casting IPO?
Thaai Casting IPO is an NSE SME IPO. They are going to lift ₹47.20 Crores by means of IPO. The factor is priced at ₹73 to ₹77 in step with fairness percentage. The IPO is to be indexed on NSE.
When Thaai Casting IPO will open?
What is Thaai Casting IPO Investors Portion?
How to Apply the Thaai Casting IPO?
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What is Thaai Casting IPO Size?
What is Thaai Casting IPO Price Band?
Thaai Casting IPO Price Band is ₹73 to ₹77 in step with fairness percentage.
What is Thaai Casting IPO Minimum and Maximum Lot Size?
What is Thaai Casting IPO Allotment Date?
What is Thaai Casting IPO Listing Date?
Note: The Thaai Casting IPO main points are introduced formally. The IPO gray marketplace top class (Thaai Casting IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.
– Source : IPOWATCH