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

Global Surfaces Limited IPO (Global Surfaces IPO) Details

Global Surfaces Limited is an Ceramic And Stone based company, located in Jaipur, Global Surfaces Limited IPO size was 154.98 Cr. and was issued at 140.00 per share. The share of Global Surfaces Limited were listed at 172.00 per share and are currently trading at 162.35 per share.

Type :
Sub Sector : Business Of Processing Natural Stones And Manufacturing Engineered Quartz.
MainBoard IPO

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

Revenue :
198.50 Cr.

PAT :
27.18 Cr.

Pricing Report

Issue Price :
140.00

Listing Price :
172.00

Current Market Price :
162.35

Issue Price vs CMP :
22.35 (15.96%)

listing Price vs CMP :
9.65 (5.61%)

Performance Report (CAGR* wise)

CAGR : 8.4
-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 Global Surfaces

Company Information
Global Surfaces Limited is engaged in the business of processing natural stones and manufacturing engineered quartz. Natural stones, produced by complex geological processes, include products like granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others, which are quarried from the earth. These stones are known for their uniqueness, aesthetic appeal, texture, color, and composition, with no two stones being the same. Engineered quartz, on the other hand, is a composite material made from crushed stone bonded by an adhesive, commonly used in the countertop industry. The slabs are made from quartz crystals bonded with a resin binder. In 2021, the global natural and engineered stone market was valued at $60,148 million and is projected to reach $105,265 million by 2030. The natural stone segment
Show More
Object of Issue
  • Investment in the wholly owned subsidiary, Global Surfaces FZE for part-financing its capital expenditure requirements in relation to the setting up of a manufacturing facility for engineered quartz at The Jebel Ali Free Zone, Dubai, United Arab Emirates (UAE
  • General Corporate Purposes

Global Surfaces MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2023
IPO Size :
154.98 Cr.
Market Cap :
593.35 Cr.   
IPO Subscription :
12.21 X     
PE Multiple :
21.84
IPO Registrar:
Bigshare Services Private Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other MainBoard IPOs in Jaipur

Aavas Financiers Limited

  Housing Finance

  Jaipur



Goenka Diamond & Jewels Limited

  jewellery

  Jaipur


Peer Companies Of This Sector

FAQs

Global Surfaces operates in Ceramic And Stone and Business Of Processing Natural Stones And Manufacturing Engineered Quartz.. The Issue is listed on MainBoard in Mar, 2023. Global Surfaces IPO size was 154.98 Cr. with Issue price of 140.00 .

Merchant Banker(s) of Global Surfaces IPO: Unistone Capital Private Limited

Global Surfaces IPO subscription was 12.21 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.

Global Surfaces IPO listed at a listing price of 172.00 against the offer price of 140.00.

The current market price of Global Surfaces is 162.35.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency