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


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 ₹[.] crores via IPO that comprises fresh issue of ₹[.] crores 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)

Brokerage Firm IPO Review

  • Capital Market: To be updated soon
  • Religare Broking: To be updated soon
  • Hem Securities: To be updated soon
  • Arihant Capital: To be updated soon

Global Surfaces IPO Date & Price Band Details

IPO Open: March 13, 2023
IPO Close: March 15, 2023
IPO Size: Approx ₹[.] Crores
Fresh Issue: Approx ₹[.] Crores
Offer for Sale: Approx ₹[.] Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] 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

The Global Surfaces IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Application Lot Size Shares Amount
Retail Minimum 1 ₹-
Retail Maximum 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

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: 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

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

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

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 ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] 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 ₹[.] crores.

What is Global Surfaces IPO Price Band?

Global Surfaces IPO Price Band is ₹[.] to ₹[.].

What is Global Surfaces IPO Minimum and Maximum Lot Size?

The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].

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 TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.





Source link