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Thaai Casting Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹77
Issue Price
₹77
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹77
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹123,200
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
15 Feb 2024
Thu Completed
Done
Close Date
20 Feb 2024
Tue Completed
Done
Allotment
21 Feb 2024
Wed Completed
Done
Refund
21 Feb 2024
Wed Completed
Done
Demat Credit
22 Feb 2024
Thu Completed
Done
Listing Date
23 Feb 2024
Fri Completed
UPI Deadline: 20 Feb 2024
Issue Details
Pricing & Size
Issue Price
₹77 Face ₹10
Lot Size
1,600 shares
Min Investment
₹123,200
Total Issue Size
61,29,600 shares (aggregating up to ₹47.20 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,47,200 (5.66%)
QIB Portion
28,89,600 (47.14%)
NII / HNI
8,68,800 (14.17%)
Retail
20,24,000 (33.02%)
Employee
-
Net Offer to Public
57,82,400 shares (aggregating up to ₹44.52 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,70,00,000 shares
Post-Issue Shareholding
2,31,29,600 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,23,200
HNI / NII 2 3,200 ₹2,46,400
Objects of Issue
3 objectives
1
To meet out the Capital Expenditure;
2
To meet out the General Corporate Purposes; and
3
To meet out the Issue Expenses.
Lead Managers & Market Maker
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd.
Market Maker
Giriraj Stock Broking Pvt.Ltd.
Commodity Mandi Pvt.Ltd.
IPO Timeline
Open
15 Feb
✓ Done
Close
20 Feb
✓ Done
Allotment
21 Feb
✓ Done
Listing
23 Feb
✓ Done
Registrar Details
Purva Sharegistry (India) Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-022-23018261/ 23016761
Email
support@purvashare.com
Company Contact
Email
cs@thaaicasting.com
Phone
+91 79046 50127
Address
No. A-20 SIPCOT Industrial Park 7th Cross Street, Pillaipakkam, Thiruvallur, Tamil Nadu, 602105
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹77
Est. Listing
₹77
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Thaai Casting Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹77
GMP
+₹0 (+0%)
GMP Est. Listing
₹77
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 28,89,600 (47.14%) ₹2,224.99 Cr
NII / HNI (Total) 8,68,800 (14.17%) ₹668.98 Cr
Retail Investors 20,24,000 (33.02%) ₹1,558.48 Cr
Total ** 61,29,600 (100.00%) ₹47,197.92 Cr
Market Maker * 3,47,200 (5.66%) ₹26.73 Cr
* Based on ₹77.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
28,89,600 (47.14%)
NII
8,68,800 (14.17%)
Retail
20,24,000 (33.02%)
Market Maker
3,47,200 (5.66%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Oct 202331 Mar 202331 Mar 2022
Revenue4848.914911.643841.94
PAT860.93503.71115.40
EBITDA
Net Worth4116.941617.31894.84
Total Assets14638.255498.523752.29
Reserves620.78
Borrowings7830.032985.102351.15
Key Financial Ratios
13%
ROE
Return on Equity
40.10%
RONW
Return on Net Worth
1.85
D/E Ratio
Debt to Equity
8.10
P/BV
Price to Book Value
2.96
Pre EPS
EPS Pre-Issue
6.38
Post EPS
EPS Post-Issue
25.99
Pre P/E
P/E Pre-Issue
12.07
Post P/E
P/E Post-Issue
About Thaai Casting Ltd

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:-

  1. High Pressure Die Casting
  2. Machining of Ferrous and Non-Ferrous
  3. 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.

Frequently Asked Questions
What is the issue price of Thaai Casting Ltd IPO?
The issue price of Thaai Casting Ltd IPO is ₹77 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹123,200.
What are the IPO dates?
Opens 15 Feb 2024, closes 20 Feb 2024.
When is the listing date?
Tentative listing: 23 Feb 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹77 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Thaai Casting Ltd IPO · Expected 21 Feb 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
21 Feb 2024
Refund Initiation
21 Feb 2024
Demat Credit
22 Feb 2024
Listing Date
23 Feb 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹77
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹123,200
1 lot
Est. Listing
₹77
GMP +₹0
Key Dates
Open
15 Feb Done
Close
20 Feb Done
Listing
23 Feb Done
Registrar
Purva Sharegistry (India) Pvt.Ltd
A
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