The Natural stones processing and manufacturing company Global Surface IPO will be hit the market 13 March2023 and closes on 15 March 2023. According to DRHP, the company offer the 11,070,000 crore share through IPO. The company will issue fresh shares of 85,20,000 Shares through this IPO and will issue shares through offer for sale of 25,50,000 shares .
The company has reserved 50% for QIB, 15% for retail and 35% for NII in this IPO.
Global Surface limited engaged in the business of processing natural stones and manufacturing engineered quartz. The company oofera wide range of product and stones like granite, marble,softquartzite,soapstone, and phylitein slab and countertops customized according to diffrent size, shapes, forms,and colours. you can check Global Surface IPO GMP here.
The company natural stones are produced by complex geological processes and include a number of products such as granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth.
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The company have two units, one located at RIICO Industrial Area, Bagru Extn, Bagru, Jaipur, Rajasthan and the other at Mahindra World City SEZ, Jaipur, Rajasthan for processing and manufacturing of our products. Our Unit I which is admeasuring 20,488 sq. mtrs. or thereabouts is located at Bagru, Jaipur, Rajasthan and Unit II at Mahindra World City SEZ, Jaipur, Rajasthan This Unit II is spread across 24,139.08 sq. mtrs. you can check Global Surfaces IPO Subscription Status here.
Object Of the Issue :
- Investment in our wholly owned subsidiary, Global Surfaces FZE for part-financing its capital expenditure requirements in relation to the setting up of manufacturing facility for engineered quartz at The Jebel Ali Free Zone, Dubai, United Arab Emirates (“UAE”) (“Proposed Facility”);
- General corporate purposes.
Company Strengths :
- Consistent Growth
- Established presence in international markets
- Experienced and result oriented Promoter
- Synergy of young and experienced management team with a committed employee base
- Effective quality checks thereby reducing loss
- R&D set up for new product development
Global Surface IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹35.63 Cr (March 2022) ₹140/ EQ (Cut Off) ₹10.52 (March 2022) 13.30x (PE Approx) 32.51% (March 2022) ₹39.58 (March 2022) ₹280.20 Cr (Sep 2022) ₹- Cr 99.35% -% |
| Team Review : | ✔ Apply For Long Term |
Global Surface IPO Date & Price Band & Details :
| IPO Open : | 13 March 2023 |
| IPO Close : | 15 March 2023 |
| IPO Size : | ₹154.98 Cr {1,10,70,000 Shares} |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹133–₹140 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹154.98 Cr {1,10,70,000 Shares} |
| Fresh Issue : | ₹119.28 Cr {85,20,000 Shares} |
| Offer For Sale : | ₹35.70. Cr {25,50,000 Shares} |
Global Surface IPO Market Lot :
Global Surface IPO Minimum Market lot is 1 Lot with 100 shares with ₹14,000 Application amount. The retail investors can apply up to 14 lots with 1400 Shares or ₹196,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 14 Shares |
| Minimum Amount : | ₹14,000 |
| Maximum Lot Size : | 14 Lot |
| Maximum shares : | 1400 Shares |
| Maximum Amount : | ₹196,000 |
Global Surface IPO Shares Offer :
A Total of 11,070,000 shares are to be bid for the public issue by Global Surface IPO with – for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 85,20,000 | ₹119.28 Cr |
| Offer For Sale : | 25,50,000 | ₹35.70 Cr |
| Total : | 11,070,000 | ₹154.98 Cr |
Global Surface IPO Reservation :
Global Surface IPO total Net Reservation of 11,070,000 shares are to be bid for the public issue by Global Surface IPO with 55,35,000 for QIB and – for NII – For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 55,35,000 | ₹77.50 Cr |
| NII : | 35% | 38,74,500 | ₹54.25 Cr |
| RII : | 15% | 16,60,500 | ₹23.25 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 11,070,000 | ₹154.98 Cr |
Global Surface IPO EPS :
The Global Surface company’s EPS growth is decreasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2022 | ₹10.52 |
| 2021 | ₹10.02 |
| 2020 | ₹6.19 |
Global Surface IPO Peer Comparison PE :
The Global Surface, According to DRHP of the company only Pokarna Limited company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Pokarna Limited | 29.53 |
Global Surface IPO Dates :
Global Surface IPO Date is 13 March 2023 and closes on 15 March 2023. The allotment will be finalized on 20 March 2023 and the IPO may list on 23 March 2023.
| Open Date : | 13 March 2023 |
| Close Date : | 15 March 2023 |
| Allotment Date : | 20 March 2023 |
| Refund Date : | 21 March 2023 |
| Share Credit Date : | 22 March 2023 |
| Listing Date : | 23 March 2023 |
Global Surface IPO Form :
There are two ways to apply in Global Surface IPO. You can apply for Global Surface IPO through ASBA available in your bank account. You have to go to your online bank login and select Global Surface IPO in the Invest section and apply through your bank account. Another option is you can apply for Global Surface IPO through IPO form download through NSE and BSE. See the Global Surface IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Global Surface Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹1,983.57 | ₹1,622.51 | ₹356.34 |
| 2021 | ₹1,790.04 | ₹1,44,74 | ₹339.32 |
| 2020 | ₹,1657.80 | ₹1,450,59 | ₹209.64 |
Company Promoters :
■ Mayank Shah
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Global Surface IPO Lead Managers :
■ Unistone Capital Private Limited
Global Surface IPO Registrar :
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East), Mumbai – 400 093, Maharashtra, India.
Telephone: 022-62638200
Facsimile: 022-63638280
Email: [email protected];
Investor grievance email: [email protected]
Website: www.bigshareonline.com
Note: Check Global Surface IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Global Surface limited
Plot No. PA-10-006
Engineering and Related Industries SEZ,
Mahindra World City Tehsil-Sanganer,
Jaipur-302037, Rajasthan.
Telephone: 0141-7191000
Website: www.globalsurfaces.in
Email id: [email protected]
Global Surface IPO FAQs :
What is Global Surface IPO?
Global Surface IPO is Mainboard IPO. They are going to raise ₹154.98. Crores via IPO. The issue is priced at ₹133-₹140 per equity share. The IPO is to be listed on NSE, BSE.
When Global Surface IPO will open?
The IPO is to open on 13 Mar – 15 Mar for QIB, NII & RII.
What is Global Surface IPO Size?
Global Surface IPO size is ₹154.98 Crores.
What is the Fresh issue size of Global Surface IPO?
The Fresh issue size of Global Surface IPO ₹119.28 Cr.
What is the Offer For Sale size of Global Surface IPO?
The Offer For Sale size of Global Surface IPO ₹35.70 Cr.
What is Global Surface IPO Price Band?
Global Surface IPO Price Band is ₹133-₹140 Per share.
What is Global Surface IPO Minimum and Maximum Lot Size?
The minimum 100 Shares with ₹14,000 amount while the maximum 1400 shares with ₹196,000.
What is Global Surface IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Global Surface IPO Allotment Date?
Global Surface IPO allotment date is 20 March 2023.
What is Global Surface IPO Listing Date?
Global Surface IPO listing date is 23 March 2023. The IPO to list on NSE, BSE.
How to Apply the Global Surface IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Global Surface IPO”. 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.
How to Apply the Global Surface IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Global Surface IPO”. 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.
How to Apply the Global Surface IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Global Surface IPO”. 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.
How to Apply the Global Surface IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Global Surface IPO”. 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.
| Global Surface IPO GMP: Click Here Global Surface IPO Subscription: Click Here Global Surface IPO Allotment: Click Here Global Surface IPO Listing: Click Here |
All Global Surface IPO-related links are available here. If you want to know the details then click on Click Here Link.
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