Exxaro Tiles Limited

About the company

Gujarat-based Exxaro Tiles manufactures and markets vitrified tiles, which are predominantly used for flooring. Along with a well-diversified product range, it has a network of more than 2,000 dealers. Through this network, it supplies products to various projects including residential, commercial, educational institutions, hospitals and government institutions. The company has a pan-India presence and also exports to 12 countries including Poland, UAE and Bosnia. It garners around 14% of its total revenue from exports. This segment has grown at a CAGR of 47% between FY19 and FY21. In the same period, the company’s profit has grown at a CAGR of 30.6%. And its revenue has increased 2.6% on an average annually.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   04 Aug 2021

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   06 Aug 2021

   Last day to place your bid

3. Basis of Allotment

   Completed
   06 Aug 2021

   Share allotment finalised

4. Refund Initiation

   Completed
   12 Aug 2021

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   11 Aug 2021

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   16 Aug 2021

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.