247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Esprit Stones Limited IPO (Esprit Stones IPO) Details

Esprit Stones Limited is an Ceramic And Stone - Marble, Tiles And Granite based company, located in Udaipur, Esprit Stones Limited IPO size was 50.42 Cr. and was issued at 87.00 per share. The share of Esprit Stones Limited were listed at 97.80 per share and are currently trading at 149.65 per share.

Type :
Sub Sector : Engineered Quartz And Marble Surfaces.
SME IPO
NSE EMERGE

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

Revenue :
274.77 Cr.

PAT :
10.31 Cr.

Pricing Report

Issue Price :
87.00

Listing Price :
97.80

Current Market Price :
149.65

Issue Price vs CMP :
62.65 (72.01%)

listing Price vs CMP :
51.85 (53.02%)

Performance Report (CAGR* wise)

CAGR : 216.14
-ve 0 6 9 12+
Above Average

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

About Esprit Stones

Company Information
Esprit Stones Limited is primarily engaged in the manufacturing of Engineered Stones, including engineered quartz surfaces and engineered marble surfaces, with engineered quartz being the primary focus. Through its subsidiary, HSPL, the company also manufactures engineered marble surfaces. As one of the key players in the Engineered Stones sector in India, the company produces composite materials made from crushed stone bound by adhesive. These engineered stones are non-porous, offering superior scratch, stain, and heat resistance, making them extremely durable and providing an edge over natural stones, laminate, and other solid surfaces. The strength, consistency, durability, and low maintenance of the engineered stones make them ideal for various applications, including vanities, bathroom surfaces, kitchen countertops, floors, wall cladding, furniture, and other interior surfaces in both
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Object of Issue
  • Funding Working Capital requirement of the Company
  • Investment in the Subsidiary, Haique Stones Private Limited (HSPL, for repayment and / or prepayment in part or full of its outstanding borrowings
  • Investment in the Subsidiary, Haique Stones Private Limited (HSPL for funding its Working Capital Requirement
  • General Corporate Purposes

Esprit Stones SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2024
IPO Size :
50.42 Cr.
Market Cap :
190.92 Cr.   
IPO Subscription :
185.82 X     
PE Multiple :
18.51
IPO Registrar:
Link Intime India Private Limited

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FAQs

Esprit Stones operates in Ceramic And Stone - Marble, Tiles And Granite and Engineered Quartz And Marble Surfaces.. The Issue is listed on NSE EMERGE in Aug, 2024. Esprit Stones IPO size was 50.42 Cr. with Issue price of 87.00 .

Esprit Stones IPO subscription was 185.82 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.

Esprit Stones IPO listed at a listing price of 97.80 against the offer price of 87.00.

The current market price of Esprit Stones is 149.65.

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