Thaai Casting Ltd IPO
₹73 - ₹77
1600
375.43
| Open Date: | 15-Feb-2024 |
| Close Date: | 20-Feb-2024 |
| Allotment Date: | 21-Feb-2024 |
| Listing Date: | 23-Feb-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹73-77 Per Equity Share |
| Issue Size: | Total Issue Size 6,129,600 shares (aggregating up to ₹47.20 Cr) : Fresh Issue 6,129,600 shares (aggregating up to ₹47.20 Cr) |
| Market Lot (Min Amount): | Retail - ₹123,200 : HNI - ₹246,400 |
As on | QIB | Nll | Rll | Total |
|---|---|---|---|---|
| Shares Offered/Reserved | 1,156,800 | 867,200 | 2,024,000 | 4,048,000 |
| Day 1 - 15-02-24 05:00 PM | 1.04x | 2.10x | 5.06x | 3.28x |
| Day 2 - 16-02-24 05:00 PM | 3.51x | 7.34x | 21.81x | 13.48x |
| Day 3 - 19-02-24 05:00 PM | 3.63x | 69.31x | 115.95x | 73.86x |
| Day 4 - 20-02-24 05:00 PM | 144.43x | 729.72x | 355.66x | 375.43x |
| Total No. of Application: | 449,904 (Approx.) | |||
| Retail Subscription on the basis of Apps: | 355.66x | |||
| Earning Per Share(EPS) | ₹2.96/- |
| P/E Ratio | 25.99 |
| RoNW | 40.10% |
| Net Asset Value (NAV) - Post Issue: | ₹9.51/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Oct,2023 | 14,638.25 | 4,848.91 | 860.93 |
| 31 Mar,2023 | 5,498.52 | 4,911.64 | 503.71 |
| 31 Mar,2022 | 3,752.29 | 3,841.94 | 115.40 |
| 31 Mar,2021 | 2,379.19 | 2,048.70 | 40.33 |
| Pre Issue Share Holding | 86.50% |
| Post Issue Share Holding | N/A% |
| 1. Sriramulu Anandan |
| 2. Anandan Shevaani |
| 3. Chinraj Venkatesan |
The objects of the Issue are: -
- To meet out the Capital Expenditure;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Incorporated in June 2010, Thai Casting Limited is an automotive ancillary company specializing in High-Pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. The company has three business verticals:-
- High Pressure Die Casting
- Machining of Ferrous and Non-Ferrous
- Induction Heating and Quenching
Thaai Casting is an IATF 16949: 2016 certified company.
The company offers a wide 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, and more. The manufacturing unit is located in No Tiruvallur, Tamil Nadu, India,
The company has a die-making facility for new product development according to the required specifications. The die maintenance process is done with utmost care to ensure the dies run continuously and have a longer lifespan.
As of September 30, 2023, the company employs 132 people in various departments.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
If you are agree with app tems and condition to use the app.
Thank you.