JKB Financial Services Ltd.

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Exxaro Tiles Ltd
Registered Office: No 169 & 170 Vavdi Harsol Rd, P O Mahelav Tal Talod, Sabarkantha - 383305, Gujarat
Phone: +02772-350555
Email: info@exxarotiles.com
Website: www.exxarotiles.com
Initial Public Offering of 13,424,000* equity shares of face value of Rs. 10 each (equity shares) of the company for cash at a price of Rs. 120 per Equity share (including a share premium of Rs. 110 per equity share) (offer price) aggregating to Rs. 160.77** Crores, comprising a fresh issue of 111,86,000* equity shares aggregating up to Rs. 133.91** Crores by the company (fresh issue) and an offer for sale of 2,238,000* equity shares aggregating to Rs. 26.86* Crores by MR. DIXITKUMAR PATEL (selling shareholder) (offer for sale, and together with the fresh issue, offer). The offer will constitute 30% of the post-offer paid-up equity share capital. This offer includes a reservation of 268,500* equity shares aggregating to Rs. 2.90** Crores (constituting 0.60% of the post-offer paid-up equity share capital of the company) for purchase by eligible Employees (the employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constitutes 30% and 29.40%, respectively, of the post-offer paid-up equity share capital of the company. The company and the selling shareholder in consultation with the book running lead manager, offered a discount of Rs. 12 of the offer price to eligible employees bidding in the employee reservation portion (employee discount). The face value of each equity share is Rs. 10. The offer price is Rs. 120 per equity share and is 12 times the face value of the equity shares. * subject to finalisation of the basis of allotment. **subject to the finalisation of basis of allotment and adjusted for employee discount of Rs. 12 per equity share.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
04-Aug-2021	06-Aug-2021	₹ 120.00	₹ 0.00

Minimum Application for shares in Nos : 125 Further Multiples of : 125
	(₹)Cr.	Lead Managers to the Issue
Project Cost	133.91	Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer	160.77
Post Issue Equity Share Capital	44.74
Issue Price	₹120.00

Projects
Prepayment/repayment of certain secured borrowings availed by the company
Funding the working capital requirements of the company
General corporate purposes

Promoted By
Mukeshkumar Patel
Kirankumar Patel
Dineshbhai Patel

Listing At
BSE
NSE

Registrar to the Issue
Link Intime India Pvt Ltd

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