Durlax Top Surface IPO Date, Review, Price, Allotment Details

Durlax Top Surface IPO Details: Durlax Top Surface IPO date is fixed, The IPO will open on June 19 and will close on June 21. Durlax Top Surface is a NSE SME IPO to raise ₹40.80 crores via IPO. The Durlax Top Surface IPO price band is fixed at ₹65 to ₹68 with a market lot of 2000 shares.

Durlax Top Surface IPO

Table of Contents


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.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹136,000
Retail Maximum12000₹136,000
S-HNI Minimum24000₹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
YearRevenueExpensePAT
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/

Durlax Top Surface IPO FAQs


What is Durlax Top Surface IPO?

Durlax Top Surface IPO is an NSE SME IPO. They are going to raise ₹40.80 Crores via IPO. The issue is priced at ₹65 to ₹68 per equity share. The IPO is to be listed on NSE.

When Durlax Top Surface IPO will open?

The IPO is to open on June 19, 2024 for QIB, NII, and Retail Investors.

What is Durlax Top Surface IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Durlax Top Surface IPO?

You can apply Durlax Top Surface IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Durlax Top Surface IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Durlax Top Surface”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Durlax Top Surface IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Durlax Top Surface”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Durlax Top Surface IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Durlax Top Surface”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Durlax Top Surface IPO Size?

Durlax Top Surface IPO size is ₹40.80 crores.

What is Durlax Top Surface IPO Price Band?

Durlax Top Surface IPO Price Band is ₹65 to ₹68 per equity share.

What is Durlax Top Surface IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹136,000.

What is Durlax Top Surface IPO Allotment Date?

Durlax Top Surface IPO allotment date is June 24, 2024.

What is Durlax Top Surface IPO Listing Date?

Durlax Top Surface IPO listing date is June 26, 2024. The IPO to list on NSE SME.

Note: The Durlax Top Surface IPO details are announced officially. The IPO grey market premium (Durlax Top Surface IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

    Share the Post:
    Facebook
    Twitter
    LinkedIn

    Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

    OPEN DEMAT ACCOUNT