IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Thaai Casting Ltd

Registered Office : A-20 Sipcot Industrial Park,7th Cross St. Pillaipakkam,Tiruvallur Tamil Nadu 602105 Phone : +91 79046 50127
Fax :

Email : cs@thaaicasting.com

Website : www.thaaicasting.com

Initial public offer of 61,29,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of Thaai Casting Limited (the "Company" or "Thaai Casting" or "TCL" or "Issuer") at an issue price of Rs. 77 per equity share (including a share premium of Rs. 67 per equity share) for cash, aggregating Rs. 47.20 crores ("Public Issue") out of which 3,47,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 77 per equity share for cash, aggregating Rs. 2.67 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 57,82,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 77 per equity share for cash, aggregating up to Rs. 44.53 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.50 % and 25.00 % respectively of the post-issue paid-up equity share capital of the company.

Issue

Opens On

Closes On

15-Feb-2024

20-Feb-2024

Money Payable On

Application

Allotment

77.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

44.70

47.20

23.13

77.00

GYR Capital Advisors Pvt Ltd

Projects

Capital Expenditure

General Corporate Purposes

Promoted By

Sriramulu Anandan

Anandan Shevaani

Chinraj Venkatesan

Listing At

NSE - SME

Registrar to the Issue

Purva Sharegistry (India) Pvt