Exxaro Tiles Limited IPO Message Board (Page 1)

20% circuit from today, trigger at ~ 165

Back to back 5% upper Circuit, today.

Its almost been half of a month i still haven''t received my refund which i Was applied for EXXARO tiles and divyani ipo, not getting any help From bank end please help me what to do, i made payment from upi mode in Paytm(Axis Bank)

Hi,
Please send the mail to respective registrars & company secretary of the Company. Attach the proof of non receipt of shares. Keep your bank in loop. You will get the email Id''s in the respective issue page.

Good days ahead for Exxaro, today it has 5% upper circuit. Lets see.

Happy days for those who are still holding the Exxaro Shares. I am still holding 713 shares allotted to me. I am expecting a further rise.

Can i sell l my holdings and buy again in exxaro on sat day?

Dear Sir/Madam,
Subject: Outcome of Board Meeting held on August 18, 2021
With reference to the subject matter, we wish to inform that the Board of Directors of the Company in its meeting held on August 18, 2021, which commenced at 06.00 PM and concluded at 07.00 PM, has inter- alia, considered and approved / taken on record the following business:
1. Adoption of Dividend Distribution Policy:Adopted Dividend Distribution Policy in terms of which the Company shall make dividend distribution in the range of 5% to 10% of post-tax net profits subject to the policy framework. Notably, the Company is not required to have formal dividend policy, however the Board of Directors of the Company has adopted a formal dividend distribution policy as a gesture of good corporate governance and shareholder returns optimization and the same is available on the website of the Company www.exxarotiles.com .
2. Finance Cost Savings:
a. Bank Loan: Utilizing the issue proceeds partially, our Company has prepaid our existing long term debt of INR 48.63 Crores, as per our specific Objects Clause in the Prospectus. Post such pre-payment, the debt-equity ratio of the Company, as on date stands at 0.18 as against 1.18 as on 31% March 2021.
b. Reduction in Interest on certain Working Capital Facility: The Company''s interest on certain working capital facility is reduced to 7.5 %P.A., as against earlier rate of interest of 12.54%P.A. c. The above measures would result into substantial saving in annual finance cost of the Company.
We are requested to kindly take the same on record. Thanking You
Yours Faithfully
For Exxaro Tiles Limited

So can we expect a slight jump in the price in coming days?

The best part here is that, they are using the IPO money in right way. And the adoption on dividend policy is another plus point. Investor friendly company.

though plutus & morgan stanley sold in bulk, VAIBHAV doshi, has bought it in bulk, hence again short term upward movement is likely.

Lisitng Will be 10% up.

Thereafter UCs to continue.
Trill!

@Arjun Rajkot
It looks like exxaro isnt going to hit the 5pc Upper ckt anytime soon

@Arjun Disappointed with your view.

Subject: Intimation regarding Closure of Trading Window Dear Sir/Madam, Pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 and further clarification issued by the Stock Exchanges in this regard, we wish to inform you that the Trading Window for trading in Equity Shares of the Company will remain close from Monday, August 16, 2021 till end of 48 hours after the declaration of Financial Results for the Quarter and Half Year ending September 30, 2021. During the closure of Trading Window, insiders have been advised not to deal in Equity Shares of the Company. The date of the Board Meeting of the Company for declaration of Financial Results for the Quarter and Half Year ending September 30, 2021 will be intimated in due course. You are requested to kindly take the same on record. Thanking You Yours Faithfully For Exxaro Tiles Limited

After unfavorable market conditions, it stopped after 1st UC only, today its down....so many people here thinking it will be in continuous UC for some days like previous other T2T stocks but market is supreme.....still it gave around 10% on listing day

16-Aug-21      EXXARO      Exxaro Tiles Limited      PLUTUS WEALTH MANAGEMENT LLP      SELL      257235      127.67      -
16-Aug-21      EXXARO      Exxaro Tiles Limited      MORGAN STANLEY ASIA SINGAPORE PTE      SELL      254380      127.07      -

Started bottom fishing at 126. Landed with marginal gain at the end of the day.

Exxaro locked in UC

1 lot hi hai Sirji, will not sell for now

Enjoy 3 upper circuit back 2 back

Why UC is showing at ~132? It should be 20% above the listing price (like in other ipo), right?

Thanks for the info

I thought UC doesn''t apply on listing day.

UC again..♥️... bought 500 @127... Happy with this small t2t baby...

@Arjun Rajkot, any update on Exxaro listing?

I am unable to login ICICIDirect.com.
Is anybody else facing this issue ?

Sold half of my holding at u.circuit..

good job Noorul

132 and upper circuit, going great.

Per open link-

https://www1.nseindia.com/live_market/dynaContent/live_analysis/sml/smlOrderBook.jsp?param=EXXAROBEG&symbol=EXXARO