Global Surfaces Limited IPO GMP, Review, Price, Allotment
Global Surfaces Limited IPO Important Dates:
| Opening Date | 13 March 2023 |
| Closing Date | 15 March 2023 |
| Basis of Allotment | 20 March 2023 |
| Initiation of refunds | 21 March 2023 |
| Transfer of shares to demat accounts | 22 March 2023 |
| Listing Date | 23 March 2023 |
Global Surfaces Limited IPO Details
| Global Surfaces Limited IPO Price | ₹133 to ₹140 per share |
| Lot Size | 100 Shares |
| Minimum Amount for 1 lot | ₹14,000 |
| Total IPO size | 11,070,000 shares (aggregating up to ₹154.98 Cr) |
| Fresh Issue | 8,520,000 shares |
| Offer for Sale | 2,550,000 shares |
| Listing At | BSE, NSE |
| Retail Quota | Not less than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 50% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Objective of the Issue:
- 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.
Company Financials:
(Amount in ₹ Crore)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 128.73 | 165.78 | 20.96 | 64.48 | 58.03 | 53.49 |
| 31-Mar-21 | 159.00 | 179.00 | 33.93 | 98.43 | 91.98 | 37.46 |
| 31-Mar-22 | 236.48 | 198.36 | 35.63 | 134.04 | 100.17 | 37.28 |
| 30-Sep-22 | 280.20 | 99.25 | 13.59 | 148.93 | 115.07 | 50.52 |
Company Promoters:
Mayank Shah is the Promoter of the Company.
| Pre Issue Share Holding | 99.35% |
| Post Issue Share Holding |
IPO Registrar:
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.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
Website: http://www.globalsurfaces.in/
IPO Offer Lead Manager:
Unistone Capital Pvt Ltd
Global Surfaces Limited IPO GMP today
| Global Surfaces IPO grey market premium | Subject to Sauda | Listing Gain |
| ₹15 | – | – |
Global Surfaces Limited IPO Review:
| What our experts say about Global Surfaces Limited IPO | Avoid |
Global Surfaces Limited IPO Subscription Status live:
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 8.95 |
| Non-Institutional Buyers | 33.10 |
| Retail Investors | 5.12 |
| Employees | – |
| Others | – |
| Total | 12.21 |
Global Surfaces IPO (Day-wise) Subscription Details (times)
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Mar 13, 2023 | 0.01 | 0.57 | 0.62 | 0.43 |
| Day 2 Mar 14, 2023 | 0.04 | 1.66 | 1.47 | 1.10 |
| Day 3 Mar 15, 2023 | 8.95 | 33.10 | 5.12 | 12.21 |
Global Surfaces Limited IPO Allotment Status:
| Check Global Surfaces Limited IPO Allotment Status | Click Here |
Global Surfaces Limited IPO Listing Price:
| IPO Price Band | ₹140.00 |
| Open | ₹164.00 |
| Low | ₹156.10 |
| High | ₹172.20 |
| Close | ₹171.05 |
FAQ:
When will Global Surfaces India Limited IPO open for subscription?
Global Surfaces Limited IPO is set to open on 13 March 2023.
What is Global Surfaces Limited IPO Price Band?
Global Surfaces Limited IPO Price Band is ₹133 to ₹140 per share.
What is the lot size of Global Surfaces Limited IPO?
The lot size of Global Surfaces Limited IPO is 100 Shares per lot.
What is the issue size of Global Surfaces Limited IPO?
Global Surfaces Limited IPO issue size is ₹154.98 crore.
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.
What is the Global Surfaces Limited IPO Allotment Date?
The allotment Date for Global Surfaces Limited IPO is 20 March 2023.
What is the Global Surfaces Limited IPO listing date?
The listing Date for Global Surfaces Limited IPO is 23 March 2023.
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?
- Login to your 5paisa account and select “Global Surfaces Limited IPO” in the current IPO section.
- Enter the number of lots and the price you wish to apply for the IPO.
- Enter your UPI ID and click on submit.
- You will receive a mandate notification to block funds in your UPI app.
- Approve the mandate request on your UPI and funds will be blocked
