Esprit Stones IPO Date, Review, Price, Allotment Details

Esprit Stones IPO Details: Esprit Stones IPO date is fixed, The IPO will open on July 26 and will close on July 30. Esprit Stones is a NSE SME IPO to raise ₹50.42 crores via IPO. The Esprit Stones IPO price band is fixed at ₹82 to ₹87 with a market lot of 1600 shares.

Esprit Stones IPO

Esprit Stones was incorporated in the year 2016 and they are primarily engaged in the manufacturing of Engineered Stones such as: (i) engineered quartz surfaces; and (ii) engineered marble surfaces. The company majorly manufactures engineered quartz surfaces and through their Subsidiary, HSPL, they manufacture engineered marble surfaces. They are one of the key Engineered Stones players in India. Through their innovative design and manufacturing processes, they can offer their product in a wide variety of colors, styles, designs, and textures.


They have customized their manufacturing processes to maximize the consistency, quality, durability, and crack resistance of our Engineered Stones while also increasing their slickness and luster. Together with their research and development capabilities, their manufacturing expertise enables us to develop several aesthetically distinct designs for our products. They continually work to ensure that they acquire high-quality raw materials for their Engineered Stones and ensure that their high-quality standards are met by conducting ongoing quality control checks of the raw materials and finished goods at their Manufacturing Facilities. Additionally, through their Subsidiary, Addwaya Chemicals, they are also engaged in the manufacturing of unsaturated polyester resin which is one of the key raw materials in the manufacturing of Engineered Stones. Their business model is aimed to consistently continue to strengthen their product portfolio through continued investment in product innovation supported by strong research and development initiatives, marketing activities, and the establishment of long-term relationships with their existing and new customers.


Objects of the Issue:

  • Funding Working Capital requirement of the Company
  • Investment in the Subsidiary, Haique Stones Private Limited (HSPL), for repayment and / or prepayment in part or full of its outstanding borrowings
  • Investment in the Subsidiary, Haique Stones Private Limited (HSPL) for funding its Working Capital Requirement
  • General Corporate Purpose

Esprit Stones IPO Review

  • May Apply

Esprit Stones IPO Date & Price Band Details

IPO Open:July 26, 2024
IPO Close:July 30, 2024
IPO Size:Approx ₹50.42 Crores, 5,795,200 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹82 to ₹87 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
Anchor Investors in IPO:Click Here

Esprit Stones IPO Market Lot

The Esprit Stones IPO minimum market lot is 1600 shares with a ₹139,200 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹139,200
Retail Maximum11600₹139,200
S-HNI Minimum23,200₹278,400

Esprit Stones IPO Dates

The Esprit Stones IPO date is July 26 and the IPO close date is July 30. The IPO allotment date is July 31 and the IPO might list on August 2.

IPO Open Date:July 26, 2024
IPO Close Date:July 30, 2024
Basis of Allotment:July 31, 2024
Refunds:August 1, 2024
Credit to Demat Account:August 1, 2024
IPO Listing Date:August 2, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Esprit Stones IPO Form

How to apply Esprit Stones IPO? You can apply Esprit Stones IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Esprit Stones IPO in the Invest section. The other option you can apply Esprit Stones IPO via IPO forms download via the NSE website. Check out the Esprit Stones forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Esprit Stones Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2022₹190.03₹166.35₹18.51
2023₹176.07₹170.75₹3.56
2024₹274.78₹260.68₹10.32

Esprit Stones IPO Valuation – FY2024

Check Esprit Stones 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):₹6.29 per Equity Share
Price/Earning P/E Ratio:13.04
Return on Net Worth (RoNW):15.09%
Net Asset Value (NAV):₹44.82 per Equity Share

Peer Group

  • NA

Company Promoters

  • Sunilkumar Lunawath
  • Nitin Gattani
  • Pradeepkumar Lunawath
  • Sangeeta Gattani
  • Anushree Lunawath
  • Siddhanth Lunawath

Esprit Stones IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: jinesh@srujanalpha.com
Website: https://linkintime.co.in/initial_offer/public-issues.html

Esprit Stones IPO Allotment Status

Check Esprit Stones IPO allotment status on Link Intime website URL. Click Here

Esprit Stones IPO Lead Managers aka Merchant Bankers

  • Choice Capital Advisors Pvt Ltd
  • Srujan Alpha Capital Advisors Llp

Company Address

Esprit Stones Limited
SP1, Udyog Vihar, Sukher
Industrial Area,
Udaipur- 313 004,
Phone: +91 91166 52582
Email: legal@espritstones.com
Website: https://espritstones.com/

Esprit Stones IPO FAQs


What is Esprit Stones IPO?

Esprit Stones IPO is an NSE SME IPO. They are going to raise ₹50.42 Crores via IPO. The issue is priced at ₹82 to ₹87 per equity share. The IPO is to be listed on NSE.

When Esprit Stones IPO will open?

The IPO is to open on July 26, 2024 for QIB, NII, and Retail Investors.

What is Esprit Stones IPO Investors Portion?

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

How to Apply the Esprit Stones IPO?

You can apply Esprit Stones 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 Esprit Stones 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 “Esprit Stones”. 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 Esprit Stones IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Esprit Stones”. 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 Esprit Stones IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Esprit Stones”. 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 Esprit Stones IPO Size?

Esprit Stones IPO size is ₹50.42 crores.

What is Esprit Stones IPO Price Band?

Esprit Stones IPO Price Band is ₹82 to ₹87 per equity share.

What is Esprit Stones IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 Shares with ₹139,200.

What is Esprit Stones IPO Allotment Date?

Esprit Stones IPO allotment date is July 31, 2024.

What is Esprit Stones IPO Listing Date?

Esprit Stones IPO listing date is August 2, 2024. The IPO to list on NSE SME.

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

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