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Global Surfaces IPO Details

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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.

Global Surfaces IPO

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.

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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

DescriptionIPO Details
Public IssueInitial 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 Date13-Mar-23
Issue Close Date15-Mar-23
Issue TypeBook Building
IPO Price Band₹ 133 – ₹ 140
Face Value₹ 10
Market Lot100 Equity Shares and in multiples thereof
Minimum Order Quantity100 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
ListingNSE, BSE
IPO Market Timings10.00 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

ApplicationLotsNo of SharesAmount (Rs)
Minimum1100₹ 14,000
Maximum141400₹ 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

Bid / Offer Opens on13-Mar-23
Bid / Offer Closes on15-Mar-23
Finalisation of Basis of Allotment20-Mar-23
Initiation of refunds21-Mar-23
Credit of the Equity Shares22-Mar-23
Listing Date23-Mar-23

Company Registered Office

Plot No. PA-10-006 Engineering and Related Industries SEZ,
Mahindra World City
Tehsil-Sanganer Jaipur-302037,
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?

Check the step by step process here – Click here

How to apply in Global Surfaces IPO through Zerodha?

Check the step by step process here – Click here

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