Durlax Top Surface is engaged in the business of manufacturing solid surface material, which is sold across India, through an extensive distribution network of distributors and direct customers and also exported to various countries such as Dubai, Qatar, Greece, and Sri Lanka. They operate through two brands namely LUXOR® and ASPIRON®, which provide a wide range of solid surfaces known for their aesthetics and performance. Their LUXOR® brand offers Acrylic UV Solid Surfaces, while ASPIRON® offers Modified Solid Surfaces. Both brands offer seamless designs, anti-bacterial properties, and fire-retardant features, ensuring a comprehensive selection of high-quality solid surfaces.
Situated in Vapi, their state-of-the-art manufacturing facility is equipped with German and South Korean technologies and advanced machinery to produce solid surface materials. They aim to meet the ever-evolving demands of their customers and create pleasing and functional spaces across various sectors.
Their solid surfaces find applications in residential, commercial, hospitality, healthcare, exterior, and diverse industries, providing stylish and durable solutions for countertops, vanities, offices, retail spaces, hotels, hospitals, outdoor projects, and more.
Objects of the Issue:
- Part finance the working capital requirements;
- General corporate purposes;
- To meet the offer expenses.
Durlax Top Surface IPO Review
- May Apply
Durlax Top Surface IPO Date & Price Band Details
| IPO Open: | June 19, 2024 |
| IPO Close: | June 21, 2024 |
| IPO Size: | Approx ₹40.80 Crores, 6,000,000 Equity Shares |
| Fresh Issue: | Approx ₹28.56 Crores, 4,200,000 Equity Shares |
| Offer for Sale: | Approx ₹12.24 Crores, 1,800,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹65 to ₹68 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Durlax Top Surface IPO Market Lot
The Durlax Top Surface IPO minimum market lot is 2000 shares with a ₹136,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹136,000 |
| Retail Maximum | 1 | 2000 | ₹136,000 |
| S-HNI Minimum | 2 | 4000 | ₹272,000 |
Durlax Top Surface IPO Dates
The Durlax Top Surface IPO date is June 19 and the IPO close date is June 21. The IPO allotment date is June 24 and the IPO might list on June 26.
| IPO Open Date: | June 19, 2024 |
| IPO Close Date: | June 21, 2024 |
| Basis of Allotment: | June 24, 2024 |
| Refunds: | June 25, 2024 |
| Credit to Demat Account: | June 25, 2024 |
| IPO Listing Date: | June 26, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Durlax Top Surface IPO Form
How to apply Durlax Top Surface IPO? You can apply Durlax Top Surface IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Durlax Top Surface IPO in the Invest section. The other option you can apply Durlax Top Surface IPO via IPO forms download via the NSE website. Check out the Durlax Top Surface forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Durlax Top Surface Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹19.74 | ₹19.66 | ₹0.26 |
| 2022 | ₹47.42 | ₹46.19 | ₹0.81 |
| 2023 | ₹66.84 | ₹63.97 | ₹2.63 |
Durlax Top Surface IPO Valuation – FY2023
Check Durlax Top Surface IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.20 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 15.21% |
| Net Asset Value (NAV): | ₹14.46 per Equity Share |
Peer Group
- Kaka Industries Limited
- Dhabriya Polywood Limited
- Pokarna Limited
Company Promoters
- Mr. Shravan Suthar
- Mr. Lalit Suthar
Durlax Top Surface IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Durlax Top Surface IPO Allotment Status
Check Durlax Top Surface IPO allotment status on Bigshare website URL. Click Here
Durlax Top Surface IPO Lead Managers aka Merchant Bankers
- Expert Global Consultants Private Limited
Company Address
Durlax Top Surface Limited
301, Jaisingh Commonspace,
Dayal Das Road, FP362, W.E.
Highway, Vile Parle (East), Mumbai – 400 057
Phone: +91-75067 99831
Email: [email protected]
Website: https://www.durlax.com/
