Global Surfaces IPO subscription status started on Monday March 13, 2023 and will close on March 15, 2023. Global Surfaces IPO to raise around ₹155 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹133 to ₹140 per equity share.
The Global Surfaces IPO minimum market lot is 100 shares with ₹14,000 application amount. The IPO to list on BSE and NSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Shortterm and Longterm Views Investors should also look at the QIB, NII, and Retail numbers before investing..
Global Surfaces IPO Subscription Status – Closed
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.01 | 0.04 | 8.95 |
| NII | 0.57 | 1.51 | 33.10 |
| sNII | 0.39 | 0.91 | 35.00 |
| bNII | 0.94 | 2.90 | 29.29 |
| RII | 0.61 | 1.42 | 5.12 |
| Total | 0.43 | 1.04 | 12.21 |
Global Surfaces IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Global Surfaces IPO Review
- May Apply
Global Surfaces IPO Date & Price Band
| IPO Open: | March 13, 2023 |
| IPO Close: | March 15, 2023 |
| IPO Size: | Approx ₹155 Crores |
| Fresh Issue: | 8,520,000 equity shares |
| Offer for Sale: | 2,550,000 equity shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹133 to ₹140 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Global Surfaces IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 100 | ₹14,000 |
| Retail Maximum | 14 | 1400 | ₹196,000 |
| S-HNI Minimum | 15 | 1500 | ₹210,000 |
| B-HNI Minimum | 72 | 7200 | ₹10,08,000 |
Global Surfaces IPO Subscription Dates
| Price Band Announcement: | March 6, 2023 |
| Anchor Investors Allotment: | March 10, 2023 |
| IPO Open Date: | March 13, 2023 |
| IPO Close Date: | March 15, 2023 |
| Basis of Allotment: | March 20, 2023 |
| Refunds: | March 21, 2023 |
| Credit to Demat Account: | March 22, 2023 |
| Global Surfaces IPO Listing Date: | March 23, 2023 |
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 BSE and NSE. Check out the Global Surfaces forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
