Global Surfaces Limited | Globe Capital Market LTD.
Global Surfaces Limited
Closed
Price Band
Rs.133-140 Per Share
IPO Issue Period
Mar 13, 2023 to Mar 15, 2023
Issue Size
154.98 Cr
Face value
Rs.10
Fresh issue
8,520,000 shares of ₹10 (aggregating up to ₹[.] Cr)
Offer for sale
2,550,000 shares of ₹10 (aggregating up to ₹[.] Cr)
Minimum Shares for Retail
100 Shares
Listing on
NSE, BSE
Issue Type
Book Building
Registrar to the Issue
Bigshare Services Pvt Ltd
Tentative Listing Date
Mar 23, 2023
QIB
50%
NII
15%
Retail
35%

Incorporated in 1991, Global Surfaces Limited is engaged in processing natural stones and manufacturing engineered quartz.

Natural stones are produced through complex geological processes and forms various products like granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth.

The company has two units, one located at RIICO Industrial Area, Bagru Extn, Bagru, Jaipur, Rajasthan, and the other at Mahindra World City SEZ, Jaipur, Rajasthan. Both units engage in the processing and manufacturing of the products.

The products of Global Surfaces Limited have applications in flooring, wall cladding, countertops, cut-to-size, and other items. The products are widely used for commercial and residential industries and are sold within and outside India.

For year/ period ended ( in Cr.)

H1FY22 FY21 FY20
Total Revenue
Profit After Tax
EPS
OPM (%)
PATM(%)

 

  1. 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);
  2. General corporate purposes.
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