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Thaai Casting Ltd IPO Date, Price, Review and Details

 

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Thaai Casting Ltd IPO

February 15, 2024 - February 20, 2024 Closed

Thaai Casting Ltd IPO  

Thaai Casting Ltd Ipo was engaged in automotive parts company led by Mr. Sriramulu Anandan, a seasoned pro in Pressure Die Casting and Machining. They excel in High-Pressure Die Casting, precise Machining of various metals, and Induction heating and quenching. Their focus is on serving top players in the automotive industry with quality products and a B2B mindset. They strongly believe in always getting better, and they do this by following the Kaizen philosophy. This means they're constantly improving their processes, especially in aluminum die casting and Induction Heating and Quenching (IHQ).  

Company Promoters:

  •  Sriramulu Anandan
  •   Anandan Shevaani
  •   Chinraj Venkatesan Details of The Issue

Objects of this Issue:

  •  To meet out the Capital Expenditure
  •  To meet out the General Corporate Purposes
  •  To meet out the Issue Expenses.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

5,498.52

3,752.29

2,379.19

Total Liabilities

2,985.1

2,351.15

1,313.51

Net Profit

503.71

115.40

40.33

Thaai Casting Ltd IPO Schedule

1.     Bid or Offer Opens on: 15 February 2024
2.     Bid or Offer Closes on: 20 February 2024
3.     Finalization of BoA: 21 February 2024
4.     Initiation of Refunds: 21 February 2024
5.     Credit of shares to Demat account: 22 February 2024
6.     Listing Date: 23 February 2024

Thaai Casting Ltd IPO Lot Size

The market lot size of Thaai Casting Ltd IPO is 3,200 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1600

₹123,200

Maximum

1

  1600

₹123,200

S-HNI(Minimum)

2

  3,200

₹246,500

Company Contact Details:

No. A-20 SIPCOT Industrial Park,

7th Cross Street, Pillaipakkam,

Tiruvallur, Tamil Nadu, India,

602105

Phone: +91 79046 50127

Email: cs@thaaicasting.com

Website: https://www.thaaicasting.com/

 

Thaai Casting Ltd IPO Registrar Details:

Purva Sharegistry (India) Private Limited

9 Shiv Shakti Industrial Estate, J.R Boricha Marg,

Lower Parel (East), Mumbai- 400011, Maharashtra

Telephone:  +91-022-4961-4132

Email: support@purvashare.com

Website: https://www.purvashare.com/



Frequently Asked Question

If you do not get the allotment of on Thaai Casting Ltd IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The meaning of "Thaai Casting Ltd IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Thaai Casting Ltd IPO on the current day.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Investing in IPOs carries risks, including the potential for price volatility, uncertainty about future performance, and the possibility of losing money if the stock price declines after the IPO.
Minimum and maximum order quantity is 1 lot only.
Post-issue shareholding of the Thaai Casting Ltd IPO promoter is [.]%.
Thaai Casting Ltd IPO share price ₹73 to ₹77 per share.
Thaai Casting Ltd IPO Shares will be listed at NSE SME.
You will receive on Thaai Casting Ltd IPO shares in your Demat account on February 21, 2024, if allotted.
Pre-issue shareholding of the Thaai Casting Ltd IPO promoter is 86.50%.
Closing date of Thaai Casting Ltd IPO is February 20, 2024.
Thaai Casting Ltd IPO shares will get listed on February 23, 2024.
An IPO prospectus is a legal document that provides detailed information about the company's business, financial performance, risks, and terms of the offering. It is filed with securities regulators and made available to potential investors.
Lot size of the Thaai Casting Ltd IPO is 1600 shares.
The face value of Thaai Casting Ltd IPO is ₹10 per share.
Opening date of Thaai Casting Ltd IPO is February 15, 2024.
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