Home IPO Thaai Casting IPO Date, Review, Price, Allotment Details

Thaai Casting IPO Date, Review, Price, Allotment Details

Thaai Casting IPO Date, Review, Price, Allotment Details

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?

The IPO is to open on February 15, 2024 for QIB, NII, and Retail Investors.

What is Thaai Casting IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Thaai Casting IPO?

You can follow Thaai Casting IPO by means of ASBA on-line by means of your checking account. You too can follow for ASBA on-line by means of UPI thru your inventory agents. You too can follow by means of your inventory agents through filling up the offline shape.

How to Apply the Thaai Casting IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Thaai Casting”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Thaai Casting IPO thru Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Thaai Casting”. Click on Bid Button. Confirm your utility. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Thaai Casting IPO thru Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Thaai Casting”. Click on Bid Button. Confirm your utility. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Thaai Casting IPO Size?

Thaai Casting IPO measurement is ₹47.20 crores.

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?

The IPO bid is 1600 stocks with ₹123,200.

What is Thaai Casting IPO Allotment Date?

Thaai Casting IPO allotment date is February 20, 2024.

What is Thaai Casting IPO Listing Date?

Thaai Casting IPO list date is February 22, 2024. The IPO to checklist on NSE SME.

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

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