Thaai Casting IPO: The Initial public offering of Thaai Casting is set to close its subscription window today i.e. on February 20, 2024. The Thaai Casting IPO is a book-built issue with a total value of Rs 47.20 crores. The offering is entirely of a fresh issue comprising 61.3 lakh shares.
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Thaai Casting IPO Subscription Window Opening Date
Thaai Casting IPO is opened for subscription on February 15, 2024
Thaai Casting IPO Subscription Window Closing Date
Thaai Casting IPO is open for subscription for seven days and closes on February 20, 2024, i.e. Today.
Thaai Casting IPO Subscription Status
The Thaai Casting IPO has received an overwhelming response and subscribed 115.20 times. The retail category saw a subscription of 168.77 times, the Qualified Institutional Buyers (QIB) category had a subscription of 3.73 times, and the Non-Institutional Investors (NII) category was subscribed 138.87 times by February 20, 2024, at 11:26 AM.
Thaai Casting IPO GMP: Check Latest GMP Today
According to multiple unlisted market tracking websites, the grey market price (GMP) of Thaai Casting is price ranges between Rs 68- Rs 70 per share.
Thaai Casting IPO GMP Price Band
The Thaai Casting IPO has a price band range of Rs 73 to Rs 77 per share.
Thaai Casting IPO Lot Size and Minimum Investment
The minimum lot size for a Thaai Casting IPO application is 1600 shares, requiring a minimum investment of Rs 123,200 for retail investors. The minimum lot size investment for High Net Worth Individuals (HNI) is 2 lots (3,200 shares), totalling Rs 246,400.
Thaai Casting IPO Allotment Date
The Thaai Casting IPO allotment is anticipated to be concluded on Wednesday, February 21, 2024.
Thaai Casting IPO Listing Date
The Thaai Casting IPO is expected to get a listing on February 23, 2024. On NSE SME.
Thaai Casting IPO Book Running Lead Managers And Registrar
GYR Capital Advisors Private Limited is the book-running lead manager for the Thaai Casting IPO, with Purva Sharegistry India Pvt Ltd acting as the registrar for the issue. Giriraj Stock Broking and Commodity Mandi are the designated market makers for the Thaai Casting IPO.
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About Thaai Casting
Thaai Casting Limited, founded in 1932 specialises in High-Pressure Die Casting, Precision Machining of Ferrous and Non-Ferrous materials, and Induction heating and quenching. They are catering to the automotive components sector with a B2B approach.
