Thaai Casting Ltd

Thaai Casting Ltd

listed
₹1.17LMin. investment
  1. Bid start
    15 Feb
  2. Bid end
    20 Feb
  3. Allotment
    17 Feb
  4. Release of funds
    21 Feb
  5. Demat transfer
    21 Feb
  6. Listing
    23 Feb

About Thaai Casting Ltd

Price range₹73.00 – ₹77.00
IPO type
SME
Lot size1600 shares
Issue size₹22.49Cr
RHP/DRHP
Read

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

About  Thaai Casting Ltd

Established in 2010, Thaai Casting Ltd stands as a reputable player in the automotive ancillary realm, boasting the prestigious IATF 16949:2016 certification. Specializing in High-Pressure Die Casting and precision Machining of both Ferrous and Non-Ferrous materials, along with Induction heating and quenching, the company has been a beacon of quality and reliability in the industry. Under the visionary leadership of Mr. Sriramulu Anandan, a seasoned professional with profound expertise in Pressure Die Casting and Machining Processes, Thaai Casting Ltd has embraced a robust B2B model, catering to prominent entities within the automotive components domain.
Diversification is at the heart of Thaai Casting Ltd's product portfolio, encompassing a wide array of Automobile components. From Engine Mounting Support Brackets to Transmission Mounts, Fork Shift and Housing, and Electrical Connectors, the company's offerings cater to various critical needs of the automotive sector. Thaai Casting Ltd's commitment to environmental sustainability has garnered significant recognition, with the receipt of the MSIL-GREEN Certification from Maruti Suzuki India Limited in 2021. This accolade underscores the company's dedication to adopting eco-friendly practices across its operations.
In 2022, Thaai Casting Ltd's excellence was further affirmed through prestigious awards from industry leaders such as Hanon and RSB, highlighting its prowess in delivering top-notch quality and being a standout Vendor in the automotive ancillary space.
As Thaai Casting Ltd gears up for its highly anticipated Initial Public Offering (IPO), meticulous planning has been undertaken to ensure the strategic allocation of proceeds from the Fresh Issue. This strategic approach aims to drive optimal utilization and foster sustainable growth, reflecting the company's unwavering commitment to its stakeholders and the automotive sector at large.
  1. Working capital requirement 
  2. General Corporate Purpose, 
  3. Meeting Public Issue Expenses.
Here are key details about the Thaai Casting Ltd IPO:
Company NameThaai Casting Ltd Limited Thaai Casting Ltd IPO Opening DateFebruary 15, 2024
Company Established On2010Thaai Casting Ltd IPO Price band₹216 to ₹227 per share

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Thaai Casting Ltd ?

The issue size of the Thaai Casting Ltd is 22.4899999 Cr.

What is 'pre-apply' for Thaai Casting Ltd ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Thaai Casting Ltd shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.