Global Surfaces IPO Date, Review, Price, Allotment, Analysis 2023

Global Surfaces IPO Details: Global Surfaces IPO date is fixed, the IPO is to hit the market on March 13 and will close on March 15. Global Surfaces IPO to raise around ₹155 crores via IPO that comprises fresh issue of 8,520,000 equity shares and offer for sale up to 2,550,000 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Global Surfaces Limited is doing the processing of natural stones and manufacturing engineering quartz. They are world-renowned and leading references in the mining, production, and export of natural stones, and engineering quartz. The company started its journey in 2004 in Jaipur, Rajasthan.

The global Surfaces product range includes granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and more. They have two units situated at RIICO Industrial Area, Jaipur, Rajasthan, and the second unit is situated at Mahindra World City SEZ, Jaipur, Rajasthan.

Objects 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.

Global Surfaces IPO Review (Apply or Not)

• Apply

Brokerage Firm IPO Review

• Capital Market: Neutral

Global Surfaces IPO Date & Price Band Details

Global Surfaces IPO Promoter Holding

• Pre Issue Share Holding: 99.35%
• Post Issue Share Holding:

Global Surfaces IPO Market Lot

The Global Surfaces IPO minimum market lot is 100 shares with ₹14,000 application amount. The retail investors can apply up-to 14 lots with 1400 shares or ₹196,000 amount.

Global Surfaces IPO Allotment & Listing Dates

The Global Surfaces IPO date is March 13 and the close date is March 15. The Global Surfaces IPO allotment will be finalized on March 20 and the IPO listing on March 23.

Global Surfaces IPO Anchor Investors

Anchor Investors Bidding Date: Mar 10, 2023
Anchor Investors Size: Rs.46.49 crore (Upper Priceband)
Anchor lock-in period end date: Around May 8, 2023 (30 Days) – (50% Shares)
Anchor lock-in period end date: Around Aug 1, 2023 (90 Days) – (remaining shares)

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

Global Surfaces IPO Form

How to apply for the Global Surfaces IPO? You can apply for Global Surfaces IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Global Surfaces IPO in the Invest section. The other option is you can apply for Global Surfaces IPO via IPO forms downloaded via NSE and BSE. Check out the Global Surfaces forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Global Surfaces Company Financial Report

Global Surfaces IPO Valuation – FY2022

Check Global Surfaces 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

• Pokarna Limited

Company Promoters

• Mayank Shah

Global Surfaces IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://www.bigshareonline.com

Global Surfaces IPO Allotment Status Check

Check Global Surfaces IPO allotment status on Bigshare website allotment URL. Click Here

Global Surfaces IPO Lead Managers

• Unistone Capital Pvt Ltd

Company Address

Global Surfaces Limited
Plot No. PA-10-006,
Engineering and Related Industries SEZ,
Mahindra World City, Sanganer Jaipur – 302 037
Phone: 0141-7191000
Email: [email protected]
Website: http://www.globalsurfaces.in/

Global Surfaces IPO FAQs