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Thai Casting IPO subscribed over 300 times. It specializes in precision machining and emphasizes quality assurance. The Indian die casting industry expected to grow at a CAGR of 15-20%.
Thaai Casting IPO: The offer consisted entirely of fresh shares, totaling 61.3 lakh shares.
Investors can check the status of Thai Casting IPO allotment by logging in to the official website of the registrar, which is Purva Sharegistry in this case
Thaai Casting Limited, specializing in automobile components, sees robust IPO response. Allotment finalized, refund process starts on February 21. Estimated listing price at ₹147 per share, 91% higher than issue price.
The IPO, which will close on February 20, is priced at Rs 77 at the upper end. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.