Thaai Casting Ltd

Auto Ancillaries

Offer Period :

15th to 2nd Feb 2024

Thaai Casting Ltd IPO Details

IPO Date 15th to 2nd Feb 2024 Minimum Investment ₹123200 / 1 Lots
Listing Date 2024-02-23 Maximum Investment ₹123200 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹47.2 Crores
Price ₹77 to ₹77 per share Fresh Issue ₹47.2 Crores
Lot Size 1 Lots (1600 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹ 0    
IPO Date 15th to 2nd Feb 2024
Listing Date 2024-02-23
Face Value ₹10 per share
Price ₹77 to ₹77 per share
Lot Size 1 Lots (1600 Shares)
Listing At NSE-SME
Employee Discount ₹0 Crores
Minimum Investment ₹123200 / 1 Lots
Maximum Investment ₹123200 / 1 Lots
Total Issue Size ₹47.2 Crores
Fresh Issue ₹47.2 Crores
Offer For Sale
Retail Discount ₹ 0

Tentative Timeline

Important dates for allocation and IPO listing.

15th Feb

IPO Starts

20th Feb

IPO Ends

21st Feb

Allotment Date

21st Feb

Initiation of Refund

22nd Feb

Credit of Shares to Demat Account

23rd Feb

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 83.17 0
Public Group 16.83 100

Thaai Casting Ltd IPO Reservation

QIB Shares Offered 1156800(18.87%)
NII (HNI) Shares Offered 867200(14.15%)
Retail Shares Offered 2024000(33.02%)
Anchor Investor Shares Offered 1734400(28.3%)
Total Shares Offered 6129600
Total Shares With Anchor Investor 6129600

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Thaai Casting Ltd IPO Registrar

Purva Sharegistry (India) Pvt
Phone Number +91-022-4961-4132,022-31998810
Email Id support@purvashare.com
Our Website www.purvashare.com

Thaai Casting Ltd IPO Lead Manager

1. GYR Capital Advisors Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Thaai Casting Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Thaai Casting Ltd

Risks Involved

1. Its the company is heavily dependent on the performance of the automotive sector in India, particularly the market for four-wheelers in India. Any adverse changes in the conditions affecting these markets can adversely impact its business, results of operations and financial condition.

2. The company is dependent on the performance of the non-automotive, wind power, construction & instrumentation sector in India, any adverse changes in the conditions affecting these markets can adversely impact its business, results of operations and financial condition.

3. An increase in the cost of or a shortfall in the availability of raw materials could have an adverse effect on its business, results of operations and financial condition.

4. The company is heavily dependent on certain suppliers for procurements of raw materials. Any disruption of supply from such entities may affect its business operation.

5. Its revenues are highly dependent on its operations in geographical region of state of Tamil Nadu. Any adverse development affecting its operations in this region could have an adverse impact on its business, financial condition and results of operations.

6. The company completed its conversion from a Partnership firm to a public limited company on June 12, 2023. However, the accounts of the partnership firm were subsequently closed on July 31, 2023.

7. The company depends on third parties for the supply of raw materials and delivery of products and such providers could fail to meet their obligations, which may have a material adverse effect on its business, results of operations and financial condition.

8. The company is highly dependent on its management team and certain management personnel, Any loss of such team members or the inability to attract or retain research and development personnel may materially adversely affect its business performance and research and development efforts.

9. Its failure to identify and understand evolving industry trends and preferences and to develop new products to meet its customers' demands may materially adversely affect its business.

10. Any slowdown or work stoppages at its project sites may have effect on its business, financial condition and results of operations.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Thaai Casting Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-02-23 92605 TCL
INE0QJL01014
₹77 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹77 ₹77
Open ₹0 ₹185.9
Low ₹0 ₹176.6
High ₹0 ₹195.15
Low ₹0 ₹176.6

Frequently Asked Questions

What is Thaai Casting Ltd IPO?

Answer Field

Thaai Casting Ltd IPO is a SME IPO of 61,29,600 equity shares of a face value of ₹10 aggregating up to ₹47.2 Crores. The issue is priced at ₹77 to ₹77 per share. The minimum order quantity is 1600 Shares. The IPO opens on February 15, 2024, and closes on February 20, 2024. Purva Sharegistry (India) Pvt is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When Thaai Casting Ltd IPO will open?

Answer Field

The Thaai Casting Ltd IPO opens on February 15, 2024 and closes on February 20, 2024.

What is the lot size of Thaai Casting Ltd?

Answer Field

Thaai Casting Ltd lot size is 1600 shares, and the minimum amount required is ₹1,23,200.

How to apply for Thaai Casting Ltd IPO?

Answer Field

You can apply in Thaai Casting Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Thaai Casting Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Thaai Casting Ltd IPO will be done on February 21, 2024, and the allotted shares will be credited to your demat account by February 22, 2024.

When is Thaai Casting Ltd IPO listing date?

Answer Field

The Thaai Casting Ltd listing date is February 23, 2024.

Who is the registrar of Thaai Casting Ltd IPO?

Answer Field

The registrar of Thaai Casting Ltd IPO is Purva Sharegistry (India) Pvt

Which company is the book-running lead manager of the IPO?

Answer Field

GYR Capital Advisors Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Thaai Casting Ltd IPO?

Answer Field

The fresh issue size is ₹47.2 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Thaai Casting Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1600 shares and ₹1,23,200 amount.

How can I approve the UPI mandate request for Thaai Casting Ltd IPO?

Answer Field

To apply for Thaai Casting Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Thaai Casting Ltd?

Answer Field

The price of each Thaai Casting Ltd share will be ranging in between ₹77 to ₹77 per share.

What is the cut-off time for the UPI mandate for Thaai Casting Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, February 20, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • GP ECO SOLUTIONS INDIA LIMITEDSME IPO Early Access

  • Bidding Dates

    14th Jun 2024 - 6th Jun 2024

  • Price Range

    ₹90 - 94

  • IPO Size

    ₹30,79,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • KRONOX LAB SCIENCES LIMITEDMainboard IPO

  • Issue Price

    136.00

  • Listing Day Close

    159.35

  • Listing Day (Gain/Loss)

    16.91

  • TBI CORN LIMITEDSME IPO

  • Issue Price

    94.00

  • Listing Day Close

    207.90

  • Listing Day (Gain/Loss)

    121.28

  • ASSOCIATED COATERS LIMITEDSME IPO

  • Issue Price

    121.00

  • Listing Day Close

    134.90

  • Listing Day (Gain/Loss)

    11.57

  • AIMTRON ELECTRONICS LIMITEDSME IPO

  • Issue Price

    161.00

  • Listing Day Close

    253.05

  • Listing Day (Gain/Loss)

    57.14

  • ZTECH INDIA LIMITEDSME IPO

  • Issue Price

    110.00

  • Listing Day Close

    105.00

  • Listing Day (Gain/Loss)

    -4.55

  • BEACON TRUSTEESHIP LIMITEDSME IPO

  • Issue Price

    60.00

  • Listing Day Close

    94.50

  • Listing Day (Gain/Loss)

    58.33

  • VILAS TRANSCORE LIMITEDSME IPO

  • Issue Price

    147.00

  • Listing Day Close

    225.75

  • Listing Day (Gain/Loss)

    53.74

  • GSM FOILS LIMITEDSME IPO

  • Issue Price

    32.00

  • Listing Day Close

    33.60

  • Listing Day (Gain/Loss)

    6.25

  • AWFIS SPACE SOLUTIONS LIMITEDMainboard IPO

  • Issue Price

    383.00

  • Listing Day Close

    419.10

  • Listing Day (Gain/Loss)

    9.40

  • RULKA ELECTRICALS LIMITEDSME IPO

  • Issue Price

    235.00

  • Listing Day Close

    498.75

  • Listing Day (Gain/Loss)

    112.34

  • HOAC FOODS INDIA LIMITEDSME IPO

  • Issue Price

    48.00

  • Listing Day Close

    139.65

  • Listing Day (Gain/Loss)

    191.67

  • GO DIGIT GENERAL INSURANCE LIMITEDMainboard IPO

  • Issue Price

    272.00

  • Listing Day Close

    305.75

  • Listing Day (Gain/Loss)

    12.50

  • QUEST LABORATORIES LIMITEDSME IPO

  • Issue Price

    97.00

  • Listing Day Close

    147.35

  • Listing Day (Gain/Loss)

    51.55

  • INDIAN EMULSIFIERS LIMITEDSME IPO

  • Issue Price

    132.00

  • Listing Day Close

    451.50

  • Listing Day (Gain/Loss)

    242.42

  • VERITAAS ADVERTISING LIMITEDSME IPO

  • Issue Price

    114.00

  • Listing Day Close

    261.25

  • Listing Day (Gain/Loss)

    128.95

  • MANDEEP AUTO INDUSTRIES LIMITEDSME IPO

  • Issue Price

    67.00

  • Listing Day Close

    65.35

  • Listing Day (Gain/Loss)

    -2.99

  • ABS MARINE SERVICES LIMITEDSME IPO

  • Issue Price

    147.00

  • Listing Day Close

    279.30

  • Listing Day (Gain/Loss)

    89.80

  • PREMIER ROADLINES LIMITEDSME IPO

  • Issue Price

    67.00

  • Listing Day Close

    91.35

  • Listing Day (Gain/Loss)

    35.82

  • AZTEC FLUIDS AND MACHINERY LIMITEDSME IPO

  • Issue Price

    67.00

  • Listing Day Close

    85.50

  • Listing Day (Gain/Loss)

    28.36

  • PIOTEX INDUSTRIES LIMITEDSME IPO

  • Issue Price

    94.00

  • Listing Day Close

    114.30

  • Listing Day (Gain/Loss)

    21.28

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 5x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7 Lac+ Users

icon-with-text

4.5+ App Rating

icon-with-text

4 Languages

icon-with-text

₹ 3800 Cr MTF Book

icon-with-text