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Open
13 Mar 2023
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Close
15 Mar 2023
3
Allotment
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Listing
Thu, Mar 23, 2023
Price Band
₹133 to ₹140
Issue Size
1,10,70,000 shares (agg. up to ₹155 Cr)
Lot Size
100 Shares
Listing Date
Thu, Mar 23, 2023
Latest GMP
₹18
Est. Gain
12.86%
✦ AI Insight
GMP Trend
23-03-2023₹18Est. ₹158+12.86%
22-03-2023₹15Est. ₹155+10.71%
21-03-2023₹12Est. ₹152+8.57%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.85x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 280.20 | 236.48 | 159.00 | 128.73 |
| Total Income | 99.25 | 198.36 | 179.00 | 165.78 |
| Profit After Tax | 13.59 | 35.63 | 33.93 | 20.96 |
| NET Worth | 148.93 | 134.04 | 98.43 | 64.48 |
| Reserves and Surplus | 115.07 | 100.17 | 91.98 | 58.03 |
| Total Borrowing | 50.52 | 37.28 | 37.46 | 53.49 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in our 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”) | 90.00 |
| 2 | General corporate purposes | 11.58 |
About Global Surfaces IPO
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.+ Read More
Contact Details
Global Surfaces Ltd. AddressPlot No.PA-10-006Engineering and Related Industries SEZMahindra World City, SanganerJaipur, Rajasthan, 3020370141-7191000info@globalsurfaces.inVisit Website