31 Mar 2021
Assets23.79
Total Income20.49
Profit After Tax0.40
NET Worth4.73
Total Borrowing13.14
At a glance
Updated 2026-08-24The shares listed at ₹185.90, a 141.43% move from the issue price. Thaai Casting is a SME IPO with an issue size of ₹47.20 crore, proposed for listing on NSE SME. The offer opens on 15th Feb 2024 and closes on 20th Feb 2024. The issue structure includes a fresh issue of ₹44.52 crore. The current listing schedule points to 23rd Feb 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹47.20 Cr
Fresh issue₹44.52 Cr
Face value₹10
Price band₹73.00–₹77.00
Allotment21st Feb 2024
Listing23rd Feb 2024
Listing performance
Full performance ↗Issue price₹77.00
Listing price₹185.90
Current price—
Listing gain141.43%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹80.00
GMP / upper price103.90%
Est. listing₹157.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens15th Feb 2024
Closes20th Feb 2024
Allotment21st Feb 2024
Refund21st Feb 2024
Demat22nd Feb 2024
Listing23rd Feb 2024
Subscription demand
Full bidding ↗Total375.43×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹123,200 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Capital Expenditure | ₹37.30 Cr |
| General Corporate Purposes | ₹7.40 Cr |
Financials
Full financials ↗31 Mar 2022
Assets37.52
Total Income38.42
Profit After Tax1.15
NET Worth8.95
Total Borrowing23.51
31 Mar 2023
Assets54.99
Total Income49.12
Profit After Tax5.04
NET Worth16.17
Total Borrowing29.85
31 Oct 2023
Assets146.38
Total Income48.49
Profit After Tax8.61
NET Worth41.17
Reserves and Surplus6.21
Total Borrowing78.30
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
| Price to Book Value |
Valuation & shareholding
Pre-IPO EPS2.96
Post-IPO EPS6.38
Pre-IPO P/E25.99
Post-IPO P/E12.07
Promoter holding pre86.5%
Promoter holding post63.58%
Market cap₹178.10 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹0.75 Cr |
| Advertising and Marketing Expenses | ₹1.25 Cr |
| Fees payable to the stock exchange(s) | ₹0.04 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.05 Cr |
| Brokerage and Selling Commission | ₹0.15 Cr |
| Other Expenses (Banker’s to the Issue, Auditor’s Fees etc.) | ₹0.26 Cr |
Registrar & lead managers
Registrar
Purva Sharegistry (India) Pvt.Ltd.Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.