Thaai Casting Ltd
Price Range
₹73 - ₹77
Min. Quantity
1,600
Closes on
20 February 2024
Min. investment
₹1,23,200/1,600 Shares
Thaai Casting Ltd IPO Timeline
Thaai Casting Limited was originally formed as a Partnership Firm in the name of 'Thaai Casting' pursuant to Deed of Partnership dated June 02, 2010. Subsequently, Partnership Firm got converted into a Public Limited Company under the name of 'Thaai Casting Limited' and received a Certificate of Incorporation from the RoC, Tamil-Nadu and Andaman at Chennai dated June 12, 2023.
| Event | Date |
|---|---|
| Thaai Casting Ltd IPO Opening Date | 15 February 2024 |
| Thaai Casting Ltd IPO Closing Date | 20 February 2024 |
| Basis of Allotment | 21 February 2024 |
| Initiation of Refunds | 21 February 2024 |
| Credit of Shares to Demat | 22 February 2024 |
| Thaai Casting Ltd IPO Listing Date | 23 February 2024 |
Thaai Casting Ltd IPO Details
| Thaai Casting Ltd IPO Date | 15 February 2024 to 20 February 2024 |
| Thaai Casting Ltd IPO Face Value | ₹10 per share |
| Thaai Casting Ltd IPO Price | ₹73 to ₹77 per share |
| Thaai Casting Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹47.2 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹47.2 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sriramulu Anandan, Anandan Shevaani, Chinraj Venkatesan |
Thaai Casting Ltd IPO Lot Size
The Thaai Casting Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,23,200).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,23,200 |
| Maximum | 1 | 1,600 | ₹1,23,200 |
- Strengths
- Risks
- Opportunities
- -
Company Financials
Thaai Casting Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 135.06 | 71.09 | 10.66 |
| 10-2023 | 81.89 | 28.89 | 5.57 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital Expenditure
- General Corporate Purposes
Thaai Casting Ltd IPO Promoter Holding
| Pre Issue Share Holding | 74.66% |
| Post Issue Share Holding | 54.87% |
Thaai Casting Ltd IPO Subscription Status (Bidding Detail)
The Thaai Casting Ltd IPO is subscribed 247.9911 times on 20 February 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 247.9911 |
Thaai Casting Ltd IPO Prospectus
Thaai Casting Ltd IPO Listing Date
| Listing Date | 23 February 2024 |
| BSE Script | 92605 |
| NSE Symbol | TCL |
| Listing In | NSE - SME |
| ISIN | INE0QJL01014 |
| IPO Price | ₹77 |
| Face Value | ₹10 |
Company Contact Information
A-20 Sipcot Industrial Park7th Cross St. Pillaipakkam,Tiruvallur-602105
Phone: +91 79046 50127
Email: cs@thaaicasting.com
Website: www.thaaicasting.com
Thaai Casting Ltd IPO Registrar
Thaai Casting Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Thaai Casting Ltd IPO?
I have pre-applied for Thaai Casting Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.