Durlax Top Surface Limited IPO

NSE SME

Listed On: Jun 26, 2024 at ₹ 109.0

₹ 136000 /2000 Shares

Check Allotment

Durlax Top Surface Limited IPO Details

19 Jun, 2024

Open Date

21 Jun, 2024

Close Date

24 Jun, 2024

Allotment Date

26 Jun, 2024

Listing Date

Issue Price

₹65-68 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

109.0

Listing Date

2024-06-26

Market Lot

2000 Shares (₹136,000/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

6,000,000 shares(aggregating up to ₹40.80 Cr)

Retail Portion

35%

Subscription

166.79 times

IPO Docs

DRHP RHP

Durlax Top Surface Limited IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,252,000 / 856,000	2,000,000	5,108,000
Day 1 - 19-06-24 06:00 PM	2.28 / 5.16 x	10.53 x	5.99 x
Day 2 - 20-06-24 06:00 PM	2.94 / 11.16 x	28.48 x	14.32 x
Day 3 - 21-06-24 06:00 PM	48.29 / 415.06 x	193.95 x	166.79 x

Total No. of Applications: 1,93,949 (Approx)

Durlax Top Surface Limited Valuations

EPS Pre IPO

₹4.06/-

EPS Post IPO

₹3.04/-

P/E Pre IPO

16.73

P/E Post IPO

22.39

RoNW

Durlax Top Surface Limited Company Financials All values are in ₹ Lakh

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	7,782.04	7,205.30	5,757.66
Revenue	6,684.20	4,741.81	1,974.00
Profit After Tax	262.59	80.66	-82.51

About The Company

Durlax Top Surface Limited, formerly known as Durlax Archtech Private Limited, manufactures solid surface materials that are sold across India.

The company has two brands, namely LUXOR and ASPIRON. The LUXOR brand offers acrylic UV solid sheets while ASPIRON offers modified solid sheets. Both brands offer seamless designs, antibacterial and fire-retardant properties, ensuring a comprehensive range of high-quality solid sheets. The products are used in residential, commercial, hospitality, healthcare, outdoor and various other industries, providing stylish and durable solutions for countertops, vanities, offices, retail spaces, hotels, hospitals, outdoor projects and more.

The company's manufacturing facility is located in Vapi, Gujarat. As of September 25, 2023, the company employed 70 people.

Durlax Top Surface Limited - Promoter(s)

Pre Issue Share Holding: 95.44%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Shravan Suthar
Mr. Lalit Suthar

Durlax Top Surface Limited IPO - Issue Objectives

Part finance the working capital requirements
General corporate purposes
To meet the offer expenses.

Other Details

Company Contact Details

Durlax Top Surface Limited

301, Jaisingh Commonspace, Dayal Das Road, FP362, W.E., Highway, Vile Parle (East), Mumbai – 400 057

Phone: +91-75067 99831

Email: cs@durlaxindia.com

Website: https://www.durlax.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Durlax Top Surface Limited IPO - FAQs

Ans. Durlax Top Surface Limited IPO is a SME IPO. The issue is priced at ₹65-68 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 19, 2024, and closes on Jun 21, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Durlax Top Surface Limited IPO opens on Jun 19, 2024 and closes on Jun 21, 2024.

Ans. The size of Durlax Top Surface Limited IPO is 6,000,000 shares(aggregating up to ₹40.80 Cr).

Ans. The IPO price band is set between ₹65-68 per equity share.

Ans. To apply for Durlax Top Surface Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Durlax Top Surface Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Durlax Top Surface Limited IPO is Jun 24, 2024.

Ans. The Durlax Top Surface Limited IPO will be listed on Jun 26, 2024.

Ans. Follow the steps to check the allotment status for Durlax Top Surface Limited IPO here.