Global Surfaces IPO subscription is to open on Mar 13, 2023 and will close on Mar 15, 2023, the price band of the Global Surfaces IPO is fixed at ₹ ₹ 133 – ₹ 140. Global Surfaces is engaged in the business of processing natural stones and manufacturing engineered quartz.
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About Global Surfaces
Global Surfaces is engaged in the business of processing natural stones and manufacturing engineered quartz. Natural stones are produced by complex geological processes and include a number of products such as granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth.
Natural stones are widely known for their uniqueness, aesthetic appeal, texture, color, and composition as no two natural stones are the same. Engineered quartz on the other hand, is an example of engineered stone used in the countertop industry, which is a composite material made up of crushed stone bonded by an adhesive. For instance, for countertops, the slabs are made from quartz crystals bonded with a resin binder.
Objects of the Issue
- Investment in the wholly owned subsidiary, Global Surfaces FZE for part-financing its capital expenditure requirements in relation to the setting up of manufacturing facility for engineered quartz at The Jebel Ali Free Zone, Dubai, United Arab Emirates (“UAE”) (“Proposed Facility”);
- General corporate purposes.
Global Surfaces Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in million) | ||
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 2,364.82 | 1,589.97 | 1,287.29 |
| Total income | 1,983.57 | 1,790.04 | 1,657.80 |
| Total Expenses | 1,622.51 | 1,444.74 | 1,450.59 |
| Profit After Tax | 356.34 | 339.32 | 209.64 |
Global Surfaces IPO Price Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 11,070,000 Equity Shares of ₹ 10 (aggregating up to ₹ [.]) Fresh Issue 8,520,000 Equity Shares Offer for Sale Upto 2,550,000 Equity Shares |
| Issue Open Date | 13-Mar-23 |
| Issue Close Date | 15-Mar-23 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 133 – ₹ 140 |
| Face Value | ₹ 10 |
| Market Lot | 100 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 100 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | GSLSU |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Global Surfaces IPO DRHP & RHP
Global Surfaces IPO DRHP
Global Surfaces IPO RHP
Global Surfaces IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 100 | ₹ 14,000 |
| Maximum | 14 | 1400 | ₹ 196,000 |
Global Surfaces IPO Lead Managers
- Unistone Capital Private Limited
Global Surfaces IPO Registrar
Global Surfaces IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 13-Mar-23 |
| Bid / Offer Closes on | 15-Mar-23 |
| Finalisation of Basis of Allotment | 20-Mar-23 |
| Initiation of refunds | 21-Mar-23 |
| Credit of the Equity Shares | 22-Mar-23 |
| Listing Date | 23-Mar-23 |
Company Registered Office
Plot No. PA-10-006 Engineering and Related Industries SEZ,
Mahindra World City
Tehsil-Sanganer Jaipur-302037,
Rajasthan
Website: www.globalsurfaces.in
Company Promoters
- Mayank Shah
Global Surfaces IPO – FAQS
What is the Global Surfaces IPO Price?
The Global Surfaces IPO price band is ₹ 133 – ₹ 140 per share
When Global Surfaces IPO will open?
The Global Surfaces IPO opens on Mar 13, 2023 and closes on Mar 15, 2023
What is the lot size of Global Surfaces IPO?
The Global Surfaces IPO lot size is 100 Equity Shares and the minimum order quantity is 100 Equity Shares
Who is the Registrar for Global Surfaces IPO?
The Registrar for Global Surfaces IPO is Bigshare Services Private Limited
How to apply in Global Surfaces IPO through UPI?
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How to apply in Global Surfaces IPO through Zerodha?
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