Exxaro Tiles Limited IPO Message Board (Page 5)

Gmp 5

Exxaro IPO
GMP 8 +/- 1

Thank you

Will dance as per small cap index being in T2T group

7 8

Is there any probability of discount listing as GMP is very low ?

Most probably listing will be in discount only.

Are bhaiya pehle allotment toh lelo ..angoor mile nhi aur khatte hone ka darr satane laga...just hold the stock...

GMP-10

Exxaro IPO
GMP 14

GMP may hit 25 .. few upper circuits expected on first few days.

Thank u jay

@Arca
However, you can accept pending UPI mandate Only till 11:59 am in the morning, ON THE NEXT WORKING DAY (as mentioned above in my previous comment)

May go anyway .

Small ipo and 5%above will be buyers circuit.

CHANCES OF ALLOTMENT 1 OUT OF 40 APPLICATIONS

Gmp of Exxaro tiles is 14.50 - 15.00 rs..

Apply in car trade..better chance of allotment

Very poor response from QIB and NII. God ssve the applicants.

Qib is also 18 times which is not so bad..🤔
Nureca t segment from 400 rs to 1996 rs high 😂😂😂🤣🤣.

If Alloted , 1 share bhi nhi sell karunga...will keep this gem for Atleast 2 years

it is trade 2 trade IPO... no Intraday will be there... No BTST/STBT allowed... so delivery of stocks is mandatory

@Prashant
For a newly listed stock, you can only buy as CNC not MIS and sell it on same day(Making it an intraday trade). You won''t be getting any margin benefit by doing this. MIS is blocked for all stocks on listing day..

@Kunal Bal Thank You So Much For Clarity

I am unable to apply in ipo..is there any timings for asba entry... please confirm..karur Vysya bank app says "currently there is no ipo available" .. please guide.

You can still apply thru ICICI Asba... they are opened. I just applied./

Upi order extended by some broker till 8 p.m.

Withdrawn applications

If I have money for a lot for listing gain, which will be better? Exxaro vs Windlas?

I think Windlas is far better than Exxaro. So apply for Windlas if you have money for 1 lot

Invest in secondary market instead of these 2

What is current GMP of Exxaro ? Can anybody update please ?

If we get exxaro ipo.. can we sell ipo shares on listing day ?? Coz of T group. Or we have to hold these shares for 2 days ?

@Sajad - If you are allotted shares in IPO you can sell them on listing day. T group restriction is for those who will buy on listing day in secondary market and they cannot sell on the same day. Think in this way, if you are allotted shares and if you cannot sell them on listing day then how can buyers will buy, there be no trading at all if that restriction is applied for ipo allotters.

Exxaro Tiles

Quant Mutual Fund (Sandeep Tandon) has taken 80% of anchor allotment

Quant Small Cap
&
Quant Active

Are the best performing funds In their respective categories

As such Exxaro
*must apply*

what is GMP ?

Exxaro Tiles IPO: Rs 161.09 crore worth tile maker company''s IPO (Initial Public Offering) is opening for subscription today and it will be available for bidding till 6th August 2021. However, Exxaro Tiles share price has been improving in the grey market ahead of the public issue opening as in the last three days; it has surged from Rs 16 to Rs 22. Exxaro Tiles IPO GMP today is Rs 22, Rs 2 up from its Tuesday''s price of Rs 20. According to market observers, Exxaro Tiles IPO grey market premium may pick momentum once the subscription gets opened. However they maintained that 15 to 20 per cent listing gain been shown in the grey market ahead of subscription opening is not bad and it may attract some additional bidders as people look at GMP before going into the details of the financials of Exxaro Tiles.

Here we list out important details in regard to Exxaro Tiles IPO:


- Exxaro Tiles IPO GMP: Shares of the tile making company are available at a premium price of Rs 22 in the grey market today. This is Rs 2 up from its yesterday''s price of Rs 20. According to market observers, Exxaro Tiles IPO grey market premium has been rising for the last three days and it has jumped from Rs 16 to Rs 22 in this period. They expected strong response of the investors as 15 to 20 per cent listing gain being shown by the grey market ahead of subscription opening may attract those bidders who look at GMP as an indicator for success or failure of the IPO.

- Exxaro Tiles IPO price: The company management has fixed issue price band at Rs 118 to Rs 120 per equity share.


- Exxaro Tiles IPO fundamentals: Advising bidders to subscribe the IPO with caution; Saurabh Joshi, Research Analyst at Marwadi Shares and Finance said, "Considering the FY-21 adjusted EPS of Rs 3.40 on post-issue basis, the company is going to list at a P/E of 35.27 with a market cap of Rs 5,369 mn, while its peers namely Kajaria Ceramics, Asian Granito and Somany Ceramics are trading at a P/E of 51.37, 10.55 and 43.15 respectively. We assign a subscribe (With Caution)" rating to this IPO as the company has wide product portfolio of tiles with high scope of growth in this segment and is available at a reasonable valuation. However, higher working capital requirement with volatile cash flows keeps us cautious at the same time from a longer-term perspective."