Esprit Stones IPO Date, Review, Price, Allotment Details

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

Esprit Stones IPO Market Lot

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

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.

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

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.

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: [email protected]
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: [email protected]
Website: https://espritstones.com/

Esprit Stones IPO FAQs