Global Surfaces Limited IPO

Global Surfaces Limited IPO is listed on BSE and NSE, priced at ₹133–₹140 per share. The stock debuted at ₹164, delivering a listing gain of 17.1%. The IPO had a lot size of ₹100 shares and a minimum investment of ₹14,000.

Global Surfaces Limited IPO

Mainboard Listed
₹14,000 (100 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 13, 2023 – Mar 15, 2023
Price band
₹133-140 per equity share
Minimum Investment
₹14,000
Issue size
Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFS
Lot size
100
Allotment Date
Mar 20, 2023
Listing
Mar 23, 2023
Listing At
BSE, NSE

IPO timeline

  1. Mar 13, 2023

    Open Date

    Completed

  2. Mar 15, 2023

    Close Date

    Completed

  3. Mar 20, 2023

    Allotment Date

    Completed

  4. Mar 23, 2023

    Listing Date

    Completed

Price Summary

Last closing
56.51 (-59.64%)
52 week high
144.40
52 week low
43.72
Last update

Global Surfaces Limited IPO Essentials

Global Surfaces Limited IPO Details

Global Surfaces Limited IPO is priced at ₹133-140 per share with a total issue size of Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFS. The IPO has a lot size of 100 shares and is listed on BSE and NSE.

Issue price
₹133-140 per equity share
Lot size
100 shares
Face value
₹10 Per Equity Share
Issue size
Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFS
Listing at
BSE, NSE
List price
164.0(NSE)
Listing date
Registrar
Bigshare Services Pvt Ltd
Lead manager
Unistone Capital Pvt Ltd

Global Surfaces Limited IPO Details

  • Retail Portion 35% (Number of Retail Applications : 38,740 Approx),
    (Number of sHNI Applications : 360 Approx),
    (Number of bHNI Applications : 730 Approx)

Global Surfaces Limited IPO Documents

Global Surfaces Limited IPO Analytics

Global Surfaces Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Global Surfaces Limited IPO Subscription Status

Global Surfaces Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 2,214,000
1,660,500
1,107,000
553,500
3,874,500 7,749,000
Day 1 13-03-23 05:00 PM
0.01 x
0.57x
0.39x
0.92x
0.60 x 0.42 x
Day 2 14-03-23 05:00 PM
0.04 x
1.65x
0.99x
2.97x
1.45 x 1.09 x
Day 3 15-03-23 05:00 PM
8.95 x
33.10x
35.00x
29.29x
5.12 x 12.21 x

Global Surfaces Limited Valuations

Earnings

EPS (Post IPO)
₹10.52/-

Returns

RoNW
32.51%

Data sourced from DRHP / RHP • For educational purposes only

Global Surfaces Limited Financials( In Crs.)

30-Sep-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 280.20 236.48 159.00 128.73
Revenue 99.25 198.36 179.00 165.78
Profit After Tax 13.59 35.63 33.93 20.96

Global Surfaces Limited Company & Offer Insights

About Global Surfaces Limited

Global Surfaces Limited is engaged in processing natural stones and manufacturing engineered quartz.

Natural stones are produced through complex geological processes and forms various products like granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth.

The company has two units, one located at RIICO Industrial Area, Bagru Extn, Bagru, Jaipur, Rajasthan, and the other at Mahindra World City SEZ, Jaipur, Rajasthan. Both units engage in the processing and manufacturing of the products.

The products of Global Surfaces Limited have applications in flooring, wall cladding, countertops, cut-to-size, and other items. The products are widely used for commercial and residential industries and are sold within and outside India.

Global Surfaces Limited Promoter(s)

Mayank Shah are the company's promoters of Global Surfaces Limited.

Global Surfaces Limited IPO Issue Objectives

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 Limited IPO - Anchor Investors

Global Surfaces mobilises Rs 46.49 crore via anchor book ahead of IPO.

Total three anchor investors - Leading Light Fund VCC - The Triumph Fund, Saint Capital Fund, and VPK Global Ventures Fund - Scheme 1 - participated in the anchor book.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Global Surfaces Limited IPO is a book-built IPO worth ₹Total 154.98 Cr Approx = Fresh Issue : 119.28 Cr + 35.7 Cr OFS. The price band is ₹133–₹140 per share. The IPO opens on Mar 13, 2023 and closes on Mar 15, 2023. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The price band of Global Surfaces Limited IPO is ₹133 to ₹140 per share.

The lot size of Global Surfaces Limited IPO is 100 shares.

The minimum investment for Global Surfaces Limited IPO is approximately ₹14,000 based on the upper price band .

Global Surfaces Limited IPO opens on Mar 13, 2023 and closes on Mar 15, 2023.

The allotment date of Global Surfaces Limited IPO is Mar 20, 2023.

Global Surfaces Limited IPO is expected to be listed on Mar 23, 2023, on BSE and NSE .

Global Surfaces Limited IPO listed on Mar 23, 2023. It was issued at ₹164.0(NSE) and is currently around ₹56.51 as on 14-May-2026 3:30 PM, which is approximately -59.6% versus issue price. The 52-week high is ₹144.40.

Based on listing and post-listing performance, Global Surfaces Limited IPO delivered around -59.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Global Surfaces Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Global Surfaces Limited IPO valuation snapshot: P/E N/A, EPS ₹10.52/-, P/B N/A, RoNW 32.51%, and market cap N/A.

To apply for Global Surfaces Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Global Surfaces Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Global Surfaces Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Global Surfaces Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Global Surfaces Limited IPO allotment status on IPO Ji for quick and easy access.