Exxaro Tiles IPO

Exxaro Tiles IPO: Should you subscribe or give it a miss?

by
Exxaro Tiles IPO: Should you subscribe or give it a miss?

NEW DELHI: Gujarat-based Exxaro Tiles on Wednesday kicked off its Rs 161 crore IPO. On the block is a fresh issue of 1,11,86,000 shares and an offer of sale (OFS) of 2,238,000 shares by one of its shareholders. The price band of the issue is fixed at Rs 118-120. On Tuesday, the company allotted 19,73,325 … Read more

Exxaro Tiles gets Sebi approval to float IPO

by
Exxaro Tiles gets Sebi approval to float IPO

NEW DELHI: Exxaro Tiles, a leading manufacturer of vitrified tiles, has received markets regulator Sebi‘s go-ahead to raise an estimated Rs 150-160 crore through an initial share sale. The initial public offering of up to 1.34 crore equity shares will comprise a fresh issue of up to 1.12 crore equity shares and an offer for … Read more