Open Date

15  Feb 24

20 Feb 24

1600 shares

₹44.75 Cr

Lot Size

IPO Size

Listing At

NSE SME

Listing Date

Price Range

 ₹73 to ₹77

Close Date

Allotment Date

21 Feb 24

23 Feb 24

IPO Details

Established in 2010, Thaai Casting Limited operates in the automotive ancillary industry. The company has specialization in High-Pressure Die Casting and precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. It serves B2B companies in the automotive sector and its product portfolio includes automobile components such as Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature – Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, etc

About the Company

Thaai Casting Limited plans to utilize the raised capital from the IPO to: ●    To meet working capital requirements. ●    General corporate purposes. ●    To meet the issue expenses. 

Objective

The book-running lead managers to the offer are: GYR Capital Advisors Private Limited

Book Runners

Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.