Global Surfaces Limited IPO GMP, Review, Price, Allotment

Global Surfaces Limited IPO Important Dates:

Opening Date13 March 2023
Closing Date15 March 2023
Basis of Allotment20 March 2023
Initiation of refunds21 March 2023
Transfer of shares to demat accounts22 March 2023
Listing Date23 March 2023

Global Surfaces Limited IPO Details

Global Surfaces Limited IPO Price₹133 to ₹140 per share
Lot Size100 Shares
Minimum Amount for 1 lot₹14,000
Total IPO size11,070,000 shares (aggregating up to ₹154.98 Cr)
Fresh Issue8,520,000 shares
Offer for Sale2,550,000 shares
Listing AtBSE, NSE
Retail QuotaNot less than 35%
QIB QuotaNot more than 50%
NII QuotaNot more than 50%
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Objective of the Issue:

  1. 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);
  2. General corporate purposes.

Company Financials:

(Amount in ₹ Crore)

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing

Company Promoters:

Mayank Shah is the Promoter of the Company.

Pre Issue Share Holding99.35%
Post Issue Share Holding

IPO Registrar:

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Company Contact Information:

Global Surfaces Limited
Plot No. PA-10-006,
Engineering and Related Industries SEZ,
Mahindra World City, Sanganer Jaipur – 302 037
Phone: 0141-7191000
Email: info@globalsurfaces.in

IPO Offer Lead Manager:

Unistone Capital Pvt Ltd

Global Surfaces Limited IPO GMP today

Global Surfaces IPO grey market premiumSubject to SaudaListing Gain

Global Surfaces Limited IPO Review:

What our experts say about Global Surfaces Limited IPOAvoid

Global Surfaces Limited IPO Subscription Status live:

Investor CategorySubscription (times)
Qualified Institutions8.95
Non-Institutional Buyers33.10
Retail Investors5.12

Global Surfaces IPO (Day-wise) Subscription Details (times)

Day 1
Mar 13, 2023
Day 2
Mar 14, 2023
Day 3
Mar 15, 2023

Global Surfaces Limited IPO Allotment Status:

Check Global Surfaces Limited IPO Allotment StatusClick Here

Global Surfaces Limited IPO Listing Price:

IPO Price Band₹140.00


  1. When will Global Surfaces India Limited IPO open for subscription?

    Global Surfaces Limited IPO is set to open on 13 March 2023.

  2. What is Global Surfaces Limited IPO Price Band?

    Global Surfaces Limited IPO Price Band is ₹133 to ₹140 per share.

  3. What is the lot size of Global Surfaces Limited IPO?

    The lot size of Global Surfaces Limited IPO is 100 Shares per lot.

  4. What is the issue size of Global Surfaces Limited IPO?

    Global Surfaces Limited IPO issue size is ₹154.98 crore.

  5. What is the last date to apply for Global Surfaces Limited IPO?

    The last date to apply for Global Surfaces Limited IPO is 15 March 2023.

  6. What is the Global Surfaces Limited IPO Allotment Date?

    The allotment Date for Global Surfaces Limited IPO is 20 March 2023.

  7. What is the Global Surfaces Limited IPO listing date?

    The listing Date for Global Surfaces Limited IPO is 23 March 2023.

  8. Global Surfaces Limited IPO should I buy?

    No, you should avoid Global Surfaces Limited IPO.

How to apply for Global Surfaces Limited IPO through 5 Paisa?

  1. Login to your 5paisa account and select “Global Surfaces Limited IPO” in the current IPO section.
  2. Enter the number of lots and the price you wish to apply for the IPO.
  3. Enter your UPI ID and click on submit.
  4. You will receive a mandate notification to block funds in your UPI app.
  5. Approve the mandate request on your UPI and funds will be blocked

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *