214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Durlax Top Surface IPO (Durlax Top Surface Limited IPO) Detail

Durlax Top Surface Limited is an Furniture based company, located in Mumbai, Durlax Top Surface Limited IPO size was 40.80 Cr. and was issued at 68.00 per share. The share of Durlax Top Surface Limited were listed at 103.55 per share and are currently trading at 38.00 per share.

Type :
Sub Sector : Manufacturing Solid Surface Materials.
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
90.83 Cr.

PAT :
5.05 Cr.

Pricing Report

Issue Price :
68.00

Listing Price :
103.55

Current Market Price :
38.00

Issue Price vs CMP :
30 (44.12%)

listing Price vs CMP :
65.55 (63.30%)

Performance Report (CAGR* wise)

CAGR : -36.36
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Durlax Top Surface

Company Information
Durlax Top Surface Limited is engaged in the business of manufacturing solid surface materials, which are sold across India through an extensive distribution network of distributors and direct customers, as well as exported to various countries including Dubai, Bahrain, Greece, and Nepal. The company operates through two brands, namely LUXOR® and ASPIRON®, offering a wide range of solid surfaces. LUXOR® specializes in Acrylic UV Solid Surfaces, while ASPIRON® offers Modified Solid Surfaces. The company's manufacturing facility, located in Vapi, is equipped with German and South Korean technologies and advanced machinery to produce high-quality solid surface materials. The company aims to meet the ever-evolving demands of its customers and create functional spaces across various sectors.
Object of Issue
  • Part finance the working capital requirements
  • General Corporate Purposes
  • To meet the offer expenses

Durlax Top Surface SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jun, 2024
IPO Size :
40.80 Cr.
Market Cap :
113.07 Cr.   
IPO Subscription :
166.79 X     
PE Multiple :
22.39
Anchor Investors:
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FAQs

Durlax Top Surface operates in Furniture and Manufacturing Solid Surface Materials.. The Issue is listed on NSE EMERGE in Jun, 2024. Durlax Top Surface IPO size was 40.80 Cr. with Issue price of 68.00 .

Durlax Top Surface IPO subscription was 166.79 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Durlax Top Surface IPO listed at a listing price of 103.55 against the offer price of 68.00.

The current market price of Durlax Top Surface is 38.00.

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