Global Surfaces IPO Date, Review, Price, Allotment, Analysis 2023 - IPO Watch (original) (raw)
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
| 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 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.
| 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 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.
| 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 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
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| 2020 | ₹166 | ₹145 | ₹20.96 |
| 2021 | ₹179 | ₹144 | **₹33.93 |
| 2022 | ₹198 | ₹162 | **₹35.63 |
| 2023 6M | ₹99 | ₹85 | **₹13.59 |
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.
| Earning Per Share (EPS): | ₹10.52 per Equity Share |
|---|---|
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 32.51% |
| Net Asset Value (NAV): | ₹39.58 per Equity Share |
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
What is Global Surfaces IPO?
Global Surfaces IPO is a main-board IPO. They are going to raise ₹155 Crores via IPO. The issue is priced at ₹133 to ₹140 pr equity share. The IPO is to be listed on BSE & NSE.
When Global Surfaces IPO will open?
The IPO is to open on March 13, 2023 for QIB, NII, and Retail Investors.
What is Global Surfaces IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Global Surfaces IPO?
You can apply for Global Surfaces 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 Global Surfaces 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 “Global Surfaces”. 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 Global Surfaces IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Global Surfaces”. 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 Global Surfaces IPO through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Global Surfaces”. 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 Global Surfaces IPO Size?
Global Surfaces IPO size is ₹155 crores.
What is Global Surfaces IPO Price Band?
Global Surfaces IPO Price Band is ₹133 to ₹140.
What is Global Surfaces IPO Minimum and Maximum Lot Size?
The minimum bid is 100 Shares with ₹14,000 amount while the maximum bid is 1400 shares with ₹196,000.
What is the Global Surfaces IPO Allotment Date?
Global Surfaces IPO allotment date is March 20, 2023.
What is the Global Surfaces IPO Listing Date?
Global Surfaces IPO listing date is March 23, 2023. The IPO is to list on BSE and NSE.
Note: The Global Surfaces IPO price band and date are not officially announced yet. The IPO grey market premium (Global Surfaces IPO Premium) will be added to the IPO grey market page as it will start).
Follow IPO Watch for the Upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.