Global Surfaces Limited (MAINLINE IPO)

Mar 13, 2023 - Mar 15, 2023

Price ₹133 - ₹140
Premium ₹20
Lot size 100
Allotment Mar 20, 2023
Listing Mar 23, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 100 14000 0
HNI 15 1500 210000 0
Investor CategorySubscription (times)
Qualified Institutions8.95
Non-Institutional Buyers33.10
  bNII (bids above ₹10L)35.00
  sNII (bids below ₹10L)29.29
Retail Investors5.12
Employees[.]
Others[.]
Total12.21
About

retail firm 38745 100 share RS 14000

SMALL HNI 369 FORM 1500 SHARE AND RS 210000 

BIG HNI 738 FORMS AND 7200 SHARE AND RS 108000

 

Issue Size 11,070,000 shares of ₹10
(aggregating up to ₹154.98 Cr)
Fresh Issue 8,520,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Offer for Sale 2,550,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
P/E (x) 21.84
Market Cap (₹ Cr.) 593.35

Incorporated in 1991, Global Surfaces Limited is engaged in processing natural stones and manufacturing engineered quartz.

Natural stones are produced through complex geological processes and forms various products like granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth.

The company has two units, one located at RIICO Industrial Area, Bagru Extn, Bagru, Jaipur, Rajasthan, and the other at Mahindra World City SEZ, Jaipur, Rajasthan. Both units engage in the processing and manufacturing of the products.

The products of Global Surfaces Limited have applications in flooring, wall cladding, countertops, cut-to-size, and other items. The products are widely used for commercial and residential industries and are sold within and outside India.

Company Financials

Global Surfaces Limited Financial Information (Restated Consolidated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing
31-Mar-20 128.73 165.78 20.96 64.48 58.03 53.49
31-Mar-21 159.00 179.00 33.93 98.43 91.98 37.46
31-Mar-22 236.48 198.36 35.63 134.04 100.17 37.28
30-Sep-22 280.20 99.25 13.59 148.93 115.07 50.52
Amount in ₹ Crore
Lead Manager(s)
Strength
Weakness
Registrar

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