Thaai Casting Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

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Thaai Casting Ltd IPO

Thaai Casting Ltd IPO Details

Total Shares Offered

₹ 61,29,600

Offer to Public

TBA

Retail Max (Shares)

₹ 20,24,000

Pre Issue Promoters Holding

₹ 1,41,39,200

Exchange

NSE

Issue size

₹ 47.2 Cr

IPO Open Date

Feb 15, 2024

Close Date

Feb 20, 2024

Lot Size

1600

Min Investment

₹ 1,16,800

Issue Type

Book Building - SME

Listing Date

Feb 23, 2024

Thaai Casting Ltd IPO Dates

Feb 15, 2024

Opening date

Feb 20, 2024

Closing date

Feb 21, 2024

Basis of Allotment

Feb 21, 2024

Initiation of Refunds

Feb 22, 2024

Credit of Shares

Feb 23, 2024

Listing date

Details

Sector	Type
Sector	Castings & Forgings
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	2891200
NII	0x	867200
Retail	0x	2024000
Employee	0x	0
Total	0x	6129600

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

2891200

867200

2024000

6129600

Thaai Casting Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	122.21	70.96	8.35
EBITDA	28.37	19.30	9.17
PAT	11.73	10.66	5.57
Total Assets	77.23	71.02	36.84
Share Capital	23.13	23.13	17.00
Total Borrowings	95.26	62.60	47.07
Operating Activities (Net Cash)	18.28	13.06	6.39
Investing Activities (Net Cash)	-3.96	-2.27	-0.21
Financing Activities (Net Cash)	95.26	62.60	47.07
Net Cashflow	1.05	11.05	0.89

About Thaai Casting Ltd

The Company was originally formed as a Partnership Firm under the Partnership Act, 1932 having Firm Registration Number FR/Chennai South/1102/2010 in the name and style of Thaai Casting pursuant to Deed of Partnership dated June 02, 2010. Subsequently the firm was converted from Partnership firm into a public limited company as per the provision of Part I Chapter XXI of the Companies Act, 2013 with the name and style of Thaai Casting Limited and received a Certificate of Incorporation from the Registrar of Companies, Tamil-Nadu and Andaman situated at Chennai dated June 12, 2023.

Peer Comparison:

Endurance Technologies Ltd
Electrosteel Castings Ltd

Thaai Casting Ltd Key Points

How To Apply for Thaai Casting Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Thaai Casting Ltd IPO?

Thaai Casting Ltd's IPO offers shares for up to 47.2 It begins on Feb 15, 2024 and ends on Feb 20, 2024.

What is the price of the Thaai Casting Ltd IPO?

The price of Thaai Casting Ltd IPO ranges between ₹73 to ₹77 per share.

What are the open and close dates for the Thaai Casting Ltd IPO?

The Thaai Casting Ltd IPO opens on Feb 15, 2024 and closes on Feb 20, 2024.

When will the Thaai Casting Ltd IPO be allotted?

The allotment for the Thaai Casting Ltd IPO will be finalised on Feb 21, 2024. The shares will be listed on BSE and NSE on Feb 23, 2024.

What is the minimum lot size required for Thaai Casting Ltd IPO?

The minimum lot size for Thaai Casting Ltd IPO is 1600 shares, priced between ₹73 to ₹77 per share.

What is the GMP of Thaai Casting Ltd IPO?

The GMP (Grey Market Premium) of Thaai Casting Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Thaai Casting Ltd IPO?

To check the allotment status of Thaai Casting Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Thaai Casting Ltd IPO getting listed?

The Thaai Casting Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 15, 2024, and closes on Feb 20, 2024. The allotment is finalised on Feb 21, 2024.

How do you apply for the Thaai Casting Ltd IPO?

To apply for the Thaai Casting Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.