The Global Surfaces IPO subscription status has started on March 13, 2023, and it is also being subscribed by QIB, NII, and RII. The Global Surfaces IPO began on March 13, 2023 and will end on March 15, 2023. It will be fully subscribed by March 15, 2023.. Global Surfaces IPO is preparing to raise ₹154.98 crores through its fresh issue and offer for sale, in which the fresh issue is ₹119.28 crores and the offer for sale is ₹35.70 crores, and the Global Surfaces IPO price band is fixed ₹133 to ₹140 per share. Check out Global Surfaces’ IPO GMP here.
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.
Global Surfaces IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Global Surfaces IPO Subscription Status, you can see the below-day Subscription.
Global Surfaces 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 Surfaces IPO Subscription Status {Live Update} :
The total Global Surfaces IPO Subscription Status subscribed 12.21x times so far, with QIB subscribed 8.95x and NII subscribed 33.10x times & RII 5.12x times and EMP 0.0x times on Day 3. {Update Time : 15 March 2023 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.01x | 0.04x | 8.95x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.57x ______ 0.39x 0.94x | 1.65x ______ 0.99x 2.97x | 33.10x ______ 35.00x 29.29x |
| RII : | 0.62x | 1.45x | 5.12x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 0.43x | 1.09x | 12.21x |
Global Surfaces IPO Net Shares Offered:
Global Surfaces IPO is a public issue of 77,49,000 equity shares. The issue offers 22,14,000 shares to qualified institutional buyers, 16,60,500 shares to non-institutional investors, and 38,74,500 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 22,14,000 | 31.00 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 16,60,500 ______________ 11,07,000 5,53,500 | 23.25 Cr _______ 15.50 Cr 7.50 Cr |
| RII : | 38,74,500 | 54.24 Cr |
| Total : | 77,49,000 | 108.49 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
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 Surfaces IPO Subscription Status FAQs :
How much was the total Global Surfaces IPO Subscription Status?
The total Global Surfaces IPO Subscription Status 12.21x times Day 3.
What is the Global Surfaces IPO retail subscription Status?
Global Surfaces IPO Retail Subscription 5.12x times Day 3.
How much is the Global Surfaces IPO QIB subscription Status?
The Global Surfaces IPO QIB subscription 8.95x times Day 3.
How much did Global Surfaces IPO NII subscribe?
Global Surfaces IPO NII Subscription 33.10x times Day 3.
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.
| Global Surfaces IPO GMP: Click Here Global Surfaces IPO Details: Click Here Global Surfaces IPO Allotment: Click Here Global Surfaces IPO Listing: Click Here |
All Global Surfaces IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.