OM🇮🇳
OM🇮🇳

@Om34987250

16 Tweets 3 reads Feb 23, 2024
Why i am added #Thaaicasting #SME today on listing day
Writing a thread🧵 and these information collected from website, interview, ipo documents
Thaai casting in parts manufacturing of Engine, transmission system, steering components, Gear box, suspension, Ev vehicles components, battery boxes, And many more
#Thaaicasting
And promoters have 30 years of experience and worked with Japanese technologies that's why end consumers are German, Japanese, and pure OEM supplier for motherson group and all Kia and hundai have their parts.
Recently also supplier for baleno and grand vitara for Suzuki
Recently thaai casting increased their products 1kg to 4kg component and now up to 8 kG product component they can provide.
Recently they entered into pick vehicles, and medium truck parts for TATA MOTORS, and Ashok Leyland
#Thaaicasting
They also supplier for germen company WIKA group, which is manufacturer for many Equipments.
Also supplier for components to Schindler group is a Swiss multinational company - elevator, lift Equipment manufacturer.
Apart from this they are also supplier for #SDF group- SDF Group is an Italian agricultural machinery manufacturer - is one of the world's leading manufacturers of tractors, combine harvesters, and diesel engines
#Thaaicasting
And in India as management said every hundai car have their part in car so Kia and hundai same plant.
And for Suzuki also recently their parts in baleno and grand vitara and soon more.
Also supply to tata, mahindra, toyta.
#Thaaicasting
And thaai casting have one roof solution from design to final product Even management said any customer come for OEM we just ask for design and provide part from die cutting to final product in 20 days. Because all process we do under one roof and very rare in India
#Thaaicasting
Even they have manufacturing facility for hard steel and have facility of induction heating.
That's why hard steel parts supply by them like gear, jcb parts, earth movers parts.
#Thaaicasting
And recently see revenue and increased why?
Because they have already invested fixed cost in past so just add new machine or capacity immediately reflect in revenue.
now IPO of 6129600 equity shares of Rs. 10 each (worth Rs. 47.20 cr. at the upper cap)
#Thaaicasting
See recent Financials of thaai casting
#Thaaicasting
Just see biggest wind generator manufacturer come to India and visit thaai casting plants.
Also in interview management said they are supplier for wind industry also
Also see on website they given big groups visited plant
And with this Ipo fund they will install more because of high demands from existing customers and more new customers.
So this is the data collected from different resources, ipo doc, and interviews and website.
👍 Thanks for reading.
If anything i missed you can add.
And #SME is always risky so as a retail investor take care of every rupee.
And take your own decision with only own studies👍
Just read my pin tweet for risk x.com
And for thaai casting interview just see management interview on YouTube
youtu.be

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