Thaai Casting Ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 14-02-2024 | 19-02-2024 | 10 per share | 73 | 1600 Shares | NSE SME | N/A | 2024-02-20 18:30:00 | 2024-02-20 18:30:00 | 2024-02-21 18:30:00 | 22-02-2024 |
About The Company
Thaai Casting IPO is a book built issue of Rs 47.20 crores. The issue is entirely a fresh issue of 61.3 lakh shares.
Thaai Casting IPO bidding opened for subscription on February 15, 2024 and will close on February 20, 2024. The allotment for the Thaai Casting IPO is expected to be finalized on Wednesday, February 21, 2024. Thaai Casting IPO will list on NSE SME with tentative listing date fixed as Friday, February 23, 2024.
Thaai Casting IPO price band is set at ₹73 to ₹77 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹123,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹246,400.
GYR Capital Advisors Private Limited is the book running lead manager of the Thaai Casting IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue. The market maker for Thaai Casting IPO are Giriraj Stock Broking and Commodity Mandi.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 18-07-2023 | 14638 | 4849 | 861 | 4116.94 | 620.78 | 7830.03 |
| 18-07-2023 | 5499 | 4912 | 504 | 1617.31 | 0 | 2985.1 |
| 18-07-2022 | 3752 | 3842 | 115 | 894.84 | 0 | 2351.15 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 3.60 |
| Non-Institutional Buyers* | 51.40 |
| Retail Investors | 99.35 |
| Total | 61.72 |
IPO Listing Details
| Listing Date | 22-02-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Sriramulu Anandan, Anandan Shevaani and Chinraj Venkatesan
Contact Information of the Company
Thaai Casting Ltd
No. A-20 SIPCOT Industrial Park
7th Cross Street,
Pillaipakkam, Tiruvallur,-602105
Phone: +91 79046 50127
Email: cs@thaaicasting.com
Website: https://www.thaaicasting.com/
IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/queries/
IPO Lead Manager
GYR Capital Advisors Private Limited