Global Surfaces Limited
Mainboard₹14,000 / 100 Shares
Global Surfaces Limited IPO Details
The Global Surfaces Limited IPO price band is set between ₹133-140 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 13 Mar, 2023 and closes on 15 Mar, 2023. Investors can check the allotment status on 20 Mar, 2023, while the listing date is tentatively scheduled for 23 Mar, 2023.
The total issue size is Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFS, aggregating up to . Stay tuned for the latest Global Surfaces Limited IPO review and GMP updates.
Global Surfaces Limited IPO Review, Rating & Analysis
Global Surfaces Limited IPO Review
NO REVIEWGlobal Surfaces Limited IPO Rating
Global Surfaces Limited IPO Highlights
IPO Date
Mar 13, 2023 - Mar 15, 2023
Listing Date
23 Mar, 2023
Face Value
₹10 Per Equity Share
Price Band
₹133-140 per equity share
Lot Size
100 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Global Surfaces Limited IPO Lot Size
The minimum market lot for Global Surfaces Limited IPO is 100 shares with an application amount of ₹14,000. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹14,000 |
| Retail (Max) | 14 | 1400 | ₹1,96,000 |
| S-HNI (Min) | 15 | 1500 | ₹2,10,000 |
| S-HNI (Max) | 71 | 7100 | ₹9,94,000 |
| B-HNI (Min) | 72 | 7200 | ₹10,08,000 |
Global Surfaces Limited IPO Timeline
Issue Price
₹133-140 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Unistone Capital Pvt LtdIssue Size
Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFSGlobal Surfaces Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 22 | 280.20 | 99.25 | 13.59 | - | - | - |
| 31 Mar 22 | 236.48 | 198.36 | 35.63 | - | - | - |
| 31 Mar 21 | 159.00 | 179.00 | 33.93 | - | - | - |
| 31 Mar 20 | 128.73 | 165.78 | 20.96 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mayank Shah
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.35% | N/A% |
About 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 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 |
Frequently Asked Questions about Global Surfaces Limited IPO
When will Global Surfaces Limited IPO open for subscription?
The Global Surfaces Limited IPO opens on 13 Mar, 2023 and closes on 15 Mar, 2023.
What is the investors portion for Global Surfaces Limited IPO?
The investors' portion for QIB is 8.95 x, NII is 35.00 x, and Retail is 5.12 x.
How to apply for Global Surfaces Limited IPO?
You can apply for Global Surfaces Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Global Surfaces Limited IPO?
The issue size of Global Surfaces Limited IPO is approx ₹Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFS crores.
What is the price band of Global Surfaces Limited IPO?
The price band for Global Surfaces Limited IPO is ₹133 to ₹140 per equity share.
What is the lot size of Global Surfaces Limited IPO?
The minimum bid (lot size) for Global Surfaces Limited IPO is N/A shares with an investment of approx ₹14,000 .
What is the allotment date of Global Surfaces Limited IPO?
The allotment date for Global Surfaces Limited IPO is 20 Mar, 2023.
What is the listing date of Global Surfaces Limited IPO?
The listing date for Global Surfaces Limited IPO is expected to be 23 Mar, 2023.
What is the GMP of Global Surfaces Limited IPO?
The latest Grey Market Premium (GMP) for Global Surfaces Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.