IPO

Durlax Top Surface Ltd. IPO

Durlax Top Surface Ltd., established in 2010, operates in the Decoratives - Wood/Fibre/Others sector. The company's IPO opened on June 19, 2024 and closed on June 21, 2024, with an issue price of ₹68. ... Read more

Min Investment
₹ 1,36,000 / 2000 shares
Price Range
₹65 - ₹ 68
Bidding Dates
19 Jun '24 - 21 Jun '24
Total Issue Value
40.80 Cr
Lot Size
2,000
Total Issue Size
40.80 Cr
Listing At
NSE SME
Subscription
167.00 times
NSE Price
58.90 (-13.38%)

IPO Timeline

  • 19 Jun 2024
    Bidding Starts
  • 21 Jun 2024
    Bidding Ends
  • 24 Jun 2024
    Allotment Finalization
  • 26 Jun 2024
    Listing

About Durlax Top Surface Ltd.

We are engaged in the business of manufacturing of solid surface material, which is sold across India, through an extensive distribution network of distributors and direct customers and also exported to various countries such as Dubai, Qatar, Greece, Sri Lanka. We operate through two brands ... Read more

Parent organisation
Founded
Durlax Top Surface Ltd.
2010

Durlax Top Surface Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 17,04,000 (28.4%)
Market Makers 3,00,000 (5%)
Non Institutional Investors 8,56,000 (14.27%)
Qualified Institutional Buyers (QIBs) 11,40,000 (19%)
Retail Individual Investors (RIIs) 20,00,000 (33.33%)

Durlax Top Surface Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 90.84 Cr 5.05 Cr 9.42 Cr
31 Mar 2023 66.84 Cr 2.09 Cr 4.31 Cr
31 Mar 2022 47.42 Cr 48.42 Lakh 12.77 Cr
Durlax Top Surface Ltd. Object of Issues

1. Part finance to meet the working capital requirements
2. General Corporate Purposes
3. Issue Related Expenses in relation to Fresh Issue

Durlax Top Surface Ltd. IPO Listing Details
Listing Date
26 Jun 2024
NSE Symbol
DURLAX
ISIN
INE0OUW01013
Final Issue Price
₹ 68
Durlax Top Surface Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 68.00
Open - ₹ 109.00
Low - ₹ 103.55
High - ₹ 109.00
Last Trade - ₹ 103.55
Durlax Top Surface Ltd. Company Promoters

1. Shravan Suthar
2. Lalit Suthar

Industry Overview

The most recent research report on the global “Corian Acrylic Solid Surface Market” from 2023 to 2029 offers a comprehensive overview of the market, highlighting current trends, demand, and recent advancements that are anticipated to impact market growth in the near future. The report ... Read more

Durlax Top Surface Ltd. Contact Details
Address: 301, Jaisingh Commonspace, Dayal Das Road, FP362, W.E. Highway, Vile Parle (East), Mumbai Maharashtra - 400057
Phone no:7506799831
7506799831
|
Durlax Top Surface Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
Durlax Top Surface Ltd. IPO Lead Manager(s)
Expert Global Consultants Pvt. Ltd.
1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi Delhi - 110034
45098234

FAQs

When does Durlax Top Surface Ltd. IPO opens and closes?

Durlax Top Surface Ltd. IPO opens from 19th June to 21st June 2024.

What is the size of Durlax Top Surface Ltd. IPO?

The size of the Durlax Top Surface Ltd. IPO is ₹40.80 Cr.

What is the price range of Durlax Top Surface Ltd. IPO?

The price range of Durlax Top Surface Ltd. IPO is at ₹65 to ₹68 per share.

What is the minimum investment and lot size required for the Durlax Top Surface Ltd. IPO?

The minimum investment required is ₹1,36,000 and minimum lot size is 2000 shares.

When is Durlax Top Surface Ltd. IPO listing date?

The Durlax Top Surface Ltd. IPO will be listed on 26th June 2024.

What is the objective of Durlax Top Surface Ltd. IPO?

1. Part finance to meet the working capital requirements
2. General Corporate Purposes
3. Issue Related Expenses in relation to Fresh Issue

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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