Listed Price₹185.90
Listing Gain+141.43%
Price Band₹73 - ₹77
Lot Size1,600 shares
Min Bid₹1,23,200
Subscription375.52x
Listed Market Snapshot
₹185.90Listed price from market data
+141.43%listing gain
Issue Amount
₹47.2 Cr
Listed Price
₹185.90
Current Price
₹100.1
Registrar
Purva Sharegistry India Private Limited
Timeline•Book Built Issue IPO
Open15 Feb 2024
Close20 Feb 2024
Allotment21 Feb 2024
Listing23 Feb 2024
Quota Reservation Portions
RetailPortion: 20,24,000 shares
33.02%Nii(hni)Portion: 8,67,200 shares
14.15%QIBPortion: 11,56,800 shares
18.87%Market MakerPortion: 3,47,200 shares
5.66%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,23,200HNI2 lots / 3,200 shares
₹2,46,400About the Company
Thai Casting Limited, founded in June 2010, is a leading automotive ancillary company specializing in High-Pressure Die Casting, precision Machining of Ferrous and Non-Ferrous materials, and Induction Heating & Quenching. As an IATF 16949:2016 certified company, it upholds strict quality standards to produce high-performance automotive components, including engine mounting brackets, transmission mounts, steering wheel armatures, and electrical connectors. Located in Tiruvallur, Tamil Nadu, India, its advanced manufacturing unit and dedicated die-making facility enable efficient new product development. With a focus on innovation and customer satisfaction, Thai Casting employs 132 skilled professionals as of September 30, 2023.
Company Promoters
Sriramulu AnandanAnandan ShevaaniChinraj Venkatesan
Lead Managers
Registrar
Purva Sharegistry India Private Limited