Thaai Casting Ltd IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | February 15, 2024 |
| Close Date:- | February 20, 2024 |
| Allotment Date:- | February 21, 2024 |
| Listing Date:- | February 23, 2024 |
About Thaai Casting Ltd :-
Established in June 2010, Thai Casting Limited is an automotive ancillary company that specializes in High-Pressure Die Casting and precision Machining of both Ferrous and Non-Ferrous materials, along with Induction heating and quenching services. The company operates with three distinct business verticals.
Thai Casting is an IATF 16949: 2016 certified company, ensuring the highest standards in automotive manufacturing.
The company's offerings include a diverse range of automotive components, such as engine mounting support brackets, transmission mounts, fork shift and housing, steering wheel armatures, electrical connectors, YFG base frames (both right-hand and left-hand drive side), housing, top cover, among others. Situated in No Tiruvallur, Tamil Nadu, India, the manufacturing unit serves as the operational hub.
Moreover, Thai Casting boasts a die-making facility dedicated to new product development as per specific requirements, with meticulous die maintenance procedures in place to ensure prolonged lifespan and uninterrupted production.
As of September 30, 2023, Thai Casting Limited employs a workforce of 132 individuals across various departments, contributing to its operational excellence and continued growth.
Contact Details :-
Address:- Thaai Casting Ltd No. A-20 SIPCOT Industrial Park 7th Cross Street, Pillaipakkam, Tiruvallur,-602105
Phone:- +91 79046 50127
E-mail:- cs@thaaicasting.com
Website:- https://www.thaaicasting.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | SME |
| Price:- | ₹73 to ₹77 |
| Lot Size:- | 1600 |
| Minimum Amount for 1 Lot:- | ₹1,23,200 |
| Listing At:- | NSE SME |
| Total issue of Shares:- | 61,29,600 |
| Total issue Size:- | ₹47.2 Crore |
| Fresh issue of Shares:- | 61,29,600 |
| Fresh issue Size:- | ₹47.2 Crore |
| Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 14,638.25 | 5,498.52 | 3,752.29 | 2,379.19 |
| Revenue | 4,848.91 | 4,911.64 | 3,841.94 | 2,048.70 |
| Profit After Tax | 860.93 | 503.71 | 115.40 | 40.33 |
| Net Worth | 4,116.94 | 1,617.31 | 894.84 | 473.46 |
| Reserves and Surplus | 620.78 | |||
| Total Borrowing | 7,830.03 | 2,985.10 | 2,351.15 | 1,313.51 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 178 |
| ROE:- | 13% |
| Debt/Equity:- | 1.85 |
| RoNW:- | 40.10% |
IPO Registrar :-
Name:- Purva Sharegistry India Pvt Ltd
Website:- https://www.purvashare.com/queries/
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Thaai Casting Ltd IPO DHRP:- | Click Here |
| Thaai Casting Ltd IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 15-02-2024 | ₹65 | ₹142 | 84.42% |
| 16-02-2024 | ₹85 | ₹162 | 110.39% |
| 17-02-2024 | ₹72 | ₹149 | 93.51% |
| 18-02-2024 | ₹74 | ₹151 | 96.1% |
| 19-02-2024 | ₹68 | ₹145 | 88.31% |
| 20-02-2024 | ₹70 | ₹147 | 90.91% |
| 21-02-2024 | ₹75 | ₹152 | 97.4% |
| 22-02-2024 | ₹80 | ₹157 | 103.9% |
| 23-02-2024 | ₹80 | ₹157 | 103.9% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| February 15, 2024 | 1.04 | 2.10 | 5.06 | 2.10 | 2.10 | 3.28 |
| February 16, 2024 | 3.51 | 7.34 | 21.81 | 7.34 | 7.34 | 13.48 |
| February 19, 2024 | 3.63 | 69.31 | 115.95 | 69.31 | 69.31 | 73.86 |
| February 20, 2024 | 144.43 | 729.72 | 355.66 | 729.72 | 729.72 | 375.43 |
Allotment Status:-
| Particulars | Link |
|---|---|
| Check Allotment Status (available on February 21, 2024) | Click Here |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | February 23, 2024 |
| NSE Symbol :- | TCL |
| ISIN:- | INE0QJL01014 |
| Final Issue Price:- | ₹77.00 |
| Open:- | ₹185.90 |
| Low:- | ₹176.60 |
| High:- | ₹195.15 |
| Close:- | ₹195.15 |
Thaai Casting Ltd IPO FAQ :-
What is the opening date for Thaai Casting Ltd IPO?
The Thaai Casting Ltd IPO opens on February 15, 2024.
What is the closing date for Thaai Casting Ltd IPO?
The Thaai Casting Ltd IPO closes on February 20, 2024.
When will the shares be allotted for Thaai Casting Ltd IPO?
Shares of Thaai Casting Ltd IPO will be allotted on February 21, 2024.
What is the listing date for Thaai Casting Ltd IPO?
The listing date for Thaai Casting Ltd IPO is February 23, 2024.
What is the price/ price range for Thaai Casting Ltd IPO?
The price/ price range for Thaai Casting Ltd IPO is ₹73 to ₹77.
What is the minimum lot size for the Thaai Casting Ltd IPO?
The minimum lot size for Thaai Casting Ltd IPO is 1600 shares.
What is the minimum investment required for retail investors in the Thaai Casting Ltd IPO?
The minimum investment required for retail investors in the Thaai Casting Ltd IPO is ₹1,23,200.
What type of IPO is the Thaai Casting Ltd IPO?
The type of Thaai Casting Ltd IPO is SME.
What is the total issue size of the Thaai Casting Ltd IPO?
The total issue size of Thaai Casting Ltd IPO is ₹47.2 Crore.
How many shares are being offered in the Thaai Casting Ltd IPO?
Total 61,29,600 shares are being offered in the Thaai Casting Ltd IPO.
What is the face value of Thaai Casting Ltd IPO share?
The face value of Thaai Casting Ltd IPO share is ₹10.
What is the market capitalization of the Thaai Casting Ltd IPO?
The market capitalization of the Thaai Casting Ltd IPO is ₹178.1 Crore.
Who is the registrar for the Thaai Casting Ltd IPO?
The registrar for the Thaai Casting Ltd IPO is Purva Sharegistry India Pvt Ltd.
Where can I check the IPO Allotment status for Thaai Casting Ltd IPO?
You can check the IPO Allotment status for Thaai Casting Ltd IPO at https://www.purvashare.com/queries/.
What is the email address and website of Thaai Casting Ltd IPO?
The email address of Thaai Casting Ltd IPO is cs@thaaicasting.com and website is https://www.thaaicasting.com/.
What is the Thaai Casting Ltd IPO GMP (Grey Market Premium) as of 23-02-2024?
The latest GMP for Thaai Casting Ltd IPO is ₹80 as of 23-02-2024.