1. Completed
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Mainboard issue. Listed.
Source: IPO Guru Pro
Company information, issue size, price band, lot size, minimum investment, and the dates published for this issue.
Exxaro Tiles Limited was incorporated as Ricasil Ceramic Industries Private Limited on 2 January 2008 by converting a partnership firm. The business began in 2007-08 as a maker of frit, a raw material for tiles, and later moved into vitrified tiles. It makes double charge vitrified tiles, which use a double layer of pigment for heavy traffic areas, and glazed vitrified tiles. It sells 1000+ designs in 6 sizes under the Exxaro brand, including the Topaz, Galaxy and High Gloss series. Its two plants, at Padra and Talod in Gujarat, have an installed capacity of 1,32,00,000 sq mt a year. It has 2,000+ registered dealers across 27 states, 6 display centres, and exports to 13+ countries including Poland, Bosnia and the USA. The IPO was Rs 160.78 crore, with Rs 133.98 crore of fresh issue and Rs 26.81 crore of offer for sale. Rs 50.00 crore was planned for repaying borrowings and Rs 45.00 crore for working capital.
Current premium in rupees, the derived percentage, and the indicative price. History shows observed readings only. A missing premium is unavailable, not ₹0.
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Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
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Last updated: Unavailable
Last updated: Unavailable
Source: IPO Guru Pro Data by IPO Guru
History retrieved: 10 Nov 2026, 3:15 PM IST
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Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
Revenue and profit are in rupees for each reporting period. Assets, liabilities, and ratios use the source unit when the statement includes them. Missing figures stay blank.
| Metric (Rs. Crore) | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 369.31 | 387.06 | 358.26 |
| Total Income | 259.85 | 243.96 | 244.01 |
| Profit After Tax | 15.22 | 11.26 | 8.92 |
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Data by IPO Guru · Updated
Exxaro Tiles makes double charge and glazed vitrified tiles at two plants in Gujarat. Its total income was Rs 259.85 crore in FY2021.
Mukeshkumar Patel, Kirankumar Patel, Dineshbhai Patel and Rameshbhai Patel
1. Completed
2. Completed
3. Completed
4. Completed
Refund
Demat credit
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Source: IPO Guru Pro. History retrieved 10 Nov 2026, 3:15 PM IST.
| EBITDA | 47.35 | 42.96 | 37.83 |
| NET Worth | 128.19 | 112.89 | 101.61 |
| Reserves and Surplus | 102.48 | 87.18 | 75.90 |
| Total Borrowing | 161.00 | 174.16 | 158.66 |