Thaai Casting specializes in High-Pressure Die Casting, Precision Machining of both Ferrous and Non-Ferrous materials, and Induction heating and quenching.the business model is firmly rooted in a B2B approach, catering to leading entities in the automotive components sector. The product portfolio encompasses a diverse range of Automobile components, including 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, and more.
The company, Thaai Casting, operates across three main verticals:
1. High-Pressure Die Casting (HPDC): Thaai Casting employs a technique called high-pressure die casting to produce metal parts with shapes. In this process, molten metal is forced into a metal mold cavity under pressure. It is a method, for mass-producing parts that require dimensions, impeccable surface finish, and especially aluminum components.
2. Machining of Ferrous and Non-Ferrous Materials: Thaai Casting offers comprehensive machining capabilities for both ferrous and non-ferrous materials:
– Non-Ferrous Machining: They have expertise in using CNC machining and Vertical Machining Centers (VMCs) to perform operations such, as turning, facing, drilling, milling, 4th axis machining, advanced milling, drilling and tapping well as PCD reaming for non-ferrous components.
– Ferrous Machining: At Thaai Casting they use Vertical Turning Lathes (VTLs) to handle heavy-duty turning tasks, precision facing, contouring, boring, and internal machining. They also make use of Horizontal Machining Centers (HMCs) with changeover, for intricate milling operations deep hole drilling, precise drilling, tapping, and enhanced productivity through pallet changeover. Moreover, they have expertise in grinding to achieve precise surface finishes.
3. Induction Heating and Quenching (IHQ): Thaai Casting utilizes induction heating and quenching techniques to enhance the characteristics of automotive parts with the goal of improving their hardness, resistance to wear, and overall longevity.
Thaai Casting IPO Complete Details:
Thaai Casting IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Thaai Casting is Around 20 Rs.
Objects Of Issue:
1. To fulfill capital expenditure requirements.
2. To cover general corporate purposes.
3. To address issue expenses.
Promoters:
- SRIRAMULU ANANDAN
- ANANDAN SHEVAANI
- CHINRAJ VENKATESAN
FAQs:
When Thaai Casting IPO is Opening?
Thaai Casting IPO is Opening on 15 February 2024.
When is the Thaai Casting IPO Closing?
Thaai Casting IPO is Closing on 20 February 2024.
What is the Issue Size of the Thaai Casting IPO?
The IPO Issue Size of Thaai Casting is 47.20 Crore.
Price Band of Thaai Casting IPO?
The price Band of Thaai Casting IPO is 73 to 77 rupees per share.
What is the minimum investment for a Thaai Casting IPO?
The minimum investment for the Thaai Casting IPO is 123,200 Rupees.
Allotment Date of Thaai Casting IPO?
The Allotment of Thaai Casting IPO is on 21 February 2024.
Listing Date of Thaai Casting IPO?
The Listing Of Thaai Casting is Scheduled on 23 February 2024.
One Should Apply for Thaai Casting IPO or Not?
Will Update Soon..
How to apply for Thaai Casting IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Thaai Casting IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Thaai Casting IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Thaai Casting IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Thaai Casting IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Thaai Casting IPO from the list ——–> Click on Thaai Casting IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Thaai Casting?
GYR Capital Advisors Private Limited is the Lead Manager of Thaai Casting.
Where To Check the Allotment of Thaai Casting IPO?
The allotment status for the Thaai Casting IPO will be accessible on the Purva Sharegistry India Private Limited website.
Thaai Casting IPO is going to be listed at?
Thaai Casting IPO is going to be listed at NSE SME.
What is the Lot Size of the Thaai Casting IPO?
The lot size of the Thaai Casting IPO is 1600 Shares.
What is the P/E Ratio of the Thaai Casting IPO?
The P/E Ratio of the Thaai Casting is 25.99.
What is the ROE of the Thaai Casting IPO?
The ROE of the Thaai Casting IPO is N/A.
What is the ROCE of the Thaai Casting IPO?
The ROCE of the Thaai Casting IPO is 13%.
What is the EPS of the Thaai Casting IPO?
The EPS of the Thaai Casting IPO is 2.96.
