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Esprit Stones IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Udaipur and caters to Ceramic And Stone - Marble, Tiles And Granite sector. Srujan Alpha Capital Advisors Llp is the merchant banker of Esprit Stones IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th February 2024.
Esprit Stones IPO open date is 26th July 2024 and close date is 30th July 2024. IPO Allotment Date is 31st July 2024 and Listing date is 2nd August 2024.Esprit Stones IPO size is Rs 50.42 Cr. crores with IPO price of Rs 87.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Srujan Alpha Capital Advisors Llp is the book-running lead manager of the Esprit Stones IPO. Link Intime India Private Limited is the Registrar and Market Maker is Choice Equity Broking Private Limited for Esprit Stones IPO.
Esprit Stones IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Founders Collective Fund | 576,000.00 | ₹87.00 | ₹50,112,000.00 |
| Rajasthan Global Securities | 230,400.00 | ₹87.00 | ₹20,044,800.00 |
| Nav Capital Vcc | 230,400.00 | ₹87.00 | ₹20,044,800.00 |
| StepTrade Revolution Fund | 230,400.00 | ₹87.00 | ₹20,044,800.00 |
| Aidos India Fund | 345,600.00 | ₹87.00 | ₹30,067,200.00 |
Esprit Stones IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Esprit Stones IPO, based in Udaipur, operates in the Ceramic And Stone - Marble, Tiles And Granite sector with a focus on engineered quartz and marble surfaces.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Esprit Stones IPO size is ₹ 50.42 Cr. Crores with fresh issue size of Rs 50.42 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Esprit Stones IPO is expected to be 31st July 2024, after the finalization of basis of allotment. Investors can check Esprit Stones IPO allotment status on the registrars website, Link Intime India Private Limited. Esprit Stones IPO refund dates are 1st August 2024.
Esprit Stones IPO is expected to be listed on 2nd August 2024.
The upper price band for the Esprit Stones IPO is set at ₹ 87.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Esprit Stones IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Esprit Stones IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 30th July 2024. After submission, funds are blocked until the basis of allotment of Esprit Stones IPO is finalised.
The merchant banker for Esprit Stones IPO is Srujan Alpha Capital Advisors Llp , Choice Capital Advisors Private Limited . Srujan Alpha Capital Advisors Llp , Choice Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Esprit Stones IPO RHP for further details.
The registrar for Esprit Stones IPO is Link Intime India Private Limited. Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Esprit Stones IPO through their official website or helpline.
Esprit Stones IPO was subscribed 185.82 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 50.42 Cr.
Avg IPO Size (Sector Based)
:
₹ 23.33 Cr.
Sector: Ceramic And Stone - Marble, Tiles And Granite
SME IPO so far:
5
Merchant Banker:
Srujan Alpha
SME IPO by BRLM so far:
47
City:
Udaipur
SME IPO so far:
8
Revenue (annualised):
₹ 274.78 cr.
PE
Ratio:
18.51x
Average Sector PE Ratio: 14.20x
Esprit Stones IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Esprit Stones Financial Review Page
Merchant Banker(s) of Esprit Stones IPO: Srujan Alpha Capital Advisors Llp , Choice Capital Advisors Private Limited
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 103.10.
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