Global Surfaces Limited IPO

Mainboard

Granites & Marbles

Listed On: Mar 23, 2023 at ₹ 164.0(NSE)

₹ 14000 /100 Shares

Check Allotment

Price Summary

Last Closing

175.50 (25.36%)

52 Week High

333.00

52 Week Low

168.80

Last Update

22-Nov-2024 3:30 PM

Global Surfaces Limited IPO Details

13 Mar, 2023

Open Date

15 Mar, 2023

Close Date

20 Mar, 2023

Allotment Date

23 Mar, 2023

Listing Date

Issue Price

₹133-140 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

List Price

164.0(NSE)

Listing Date

2023-03-23

Market Lot

Retail : 100 Shares (₹14,000/-)
sHNI : 1,500 Shares (₹2,10,000/-)
bHNI : 7,200 Shares (₹10,08,000/-)

Lead Manager

Unistone Capital Pvt Ltd

Issue Size

Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFS

Retail Portion

35% (Number of Retail Applications : 38,740 Approx),
(Number of sHNI Applications : 360 Approx),
(Number of bHNI Applications : 730 Approx)

Subscription

12.21 times

IPO Docs

DRHP RHP

Global Surfaces Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	2,214,000	1,660,500 1,107,000 553,500	3,874,500	7,749,000
Day 1 - 13-03-23 05:00 PM	0.01 x	0.57 0.39 x 0.92 x	0.60 x	0.42 x
Day 2 - 14-03-23 05:00 PM	0.04 x	1.65 0.99 x 2.97 x	1.45 x	1.09 x
Day 3 - 15-03-23 05:00 PM	8.95 x	33.10 35.00 x 29.29 x	5.12 x	12.21 x

Total No. of Applications: 191774 (Approx)

Global Surfaces Limited Valuations

Earnings Per Share (EPS)

₹10.52/-

P/E Ratio

N/A

RoNW

32.51%

Net Asset Value (NAV) - As on 31.03.22

₹39.58

Global Surfaces Limited Company Financials All values are in ₹ Cr.

	30-Sep-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	280.20	236.48	159.00	128.73
Revenue	99.25	198.36	179.00	165.78
Profit After Tax	13.59	35.63	33.93	20.96

About The Company

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.

Global Surfaces Limited - Promoter(s)

Pre Issue Share Holding: 99.35%

Post Issue Share Holding: N/A%

Company Promoter(s)

Mayank Shah

Global Surfaces Limited IPO - Issue Objectives

Investment in the wholly owned subsidiary, Global Surfaces FZE for part-financing its capital expenditure requirements in relation to the setting up of a manufacturing facility for engineered quartz at The Jebel Ali Free Zone, Dubai, United Arab Emirates (UAE).
General corporate purposes.

Global Surfaces Limited IPO - Anchor Investors

Global Surfaces mobilises Rs 46.49 crore via anchor book ahead of IPO.

Total three anchor investors - Leading Light Fund VCC - The Triumph Fund, Saint Capital Fund, and VPK Global Ventures Fund - Scheme 1 - participated in the anchor book.

Global Surfaces Limited IPO - FAQs

Ans. Global Surfaces Limited IPO is a Mainboard IPO. The issue is priced at ₹133-140 per equity share. The minimum order quantity is 100 Shares. The IPO opens on Mar 13, 2023, and closes on Mar 15, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Global Surfaces Limited IPO opens on Mar 13, 2023 and closes on Mar 15, 2023.

Ans. The size of Global Surfaces Limited IPO is Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFS.

Ans. The IPO price band is set between ₹133-140 per equity share.

Ans. To apply for Global Surfaces Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Global Surfaces 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 Global Surfaces Limited IPO is Mar 20, 2023.

Ans. The Global Surfaces Limited IPO will be listed on Mar 23, 2023.

Ans. Follow the steps to check the allotment status for Global Surfaces Limited IPO here.