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Global Surfaces Limited IPO GMP Today, Lot Size, Listing Date, Allotment

Global Surfaces Limited IPO GMP Today, Lot Size, Listing Date, Allotment and additional details are in this article. Global Surfaces Limited (GSL) is a leading manufacturer of high-quality stone surface products. The planning to launch its Global Surfaces Limited IPO to raise funds for the expansion and diversification of its product portfolio.

Global Surfaces Limited IPO

This is a leading company in mining, producing and exporting many types of natural stones and engineered quartz. It is a significant contributor to the stone industry worldwide. It is Jaipur based company which grew itself from a stone to a multi-dimensional business and made a new identity. Founded in 2004, it has grown progressively under the guidance of Mr Mayank Shah, Director of Global Surfaces.

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This company is now ready to raise Rs. 155 crores through IPO, which will issue 8,520,000 shares against its investors. This company reported a revenue of Rs 198 crore in 2022 and Rs 179 crore in 2021. This IPO is fixed with a price band from Rs 133 to Rs 140 per share, and a lot size of 100 shares is being fixed. The issue size is 11,070,000 shares of Rs 10. The opening date of this IPO is 13th March, and after two days, on 15, it will be closed. On 20 March, the allotment will be done, and the refund will be done the next day after the allotment.

Global Surfaces Limited IPO

Global Surfaces Limited IPO GMP Today

The expected GMP price of the IPO is Rs. 135 per share, with a face value of Rs. 10. The issue size is approximately Rs. 155 crores, with a minimum bid lot size of 10 shares. The lead manager of the issue is Unistone Capital Pvt Ltd. The issue is expected to be subscribed to by investors from across the country, as the product is well-accepted in domestic and international markets.

GSL has a strong presence in the Indian market, with a wide range of stone surface products, which are available in different shapes and sizes. The company is expected to benefit from the rising demand for aesthetically appealing stone surface products in the country. The GMP price will be live soon once the IPO of Global Surfaces opens.

Global Surfaces Limited IPO Lot Size

Global Surfaces Limited is launching its initial public offering (IPO) with a lot size of 100. This IPO is a great opportunity for investors to invest in a company that is at the forefront of the global surface technology industry. The lot size of 2023 represents the number of shares each investor can buy in the IPO. The company has set a minimum subscription of 5 lots, with each lot containing 2023 shares of Global Surfaces Limited.

The IPO is open for investors to participate in from March 13th to March 15th, 2023. By investing in this IPO, investors will get the chance to benefit from the growth potential of Global Surfaces Limited, which is dedicated to developing innovative and advanced surface solutions to meet the needs of various industries. Investors can take part in this IPO through any of the leading stock exchanges in India.

Global Surfaces Limited IPO Listing Date

The Global Surfaces Limited IPO is to list soon on the stock exchange. The company has been in operation since 2004 and is one of the leading manufacturers of architectural and building products. The IPO plans to raise capital to fund expansion and further investment into the business. Investors who choose to invest in Global Surfaces Limited will benefit from the company’s strong market presence, its well-established customer base, and its commitment to innovation and technological development. By investing in the company, investors will help to support the company’s growth and development.

The IPO will offer existing and potential investors the opportunity to purchase shares in the company and become part of its growth story. The IPO listing on the stock exchange will provide liquidity to the shares and increase the value for investors. Investors will also be able to access the company’s financial information and participate in the company’s decision-making process. Overall, the Global Surfaces Limited IPO listing in 2023 offers investors a great opportunity to get involved in a company with a promising future. The listing of the company on the stock exchange will help to provide liquidity to the shares and attract more investors in the future.

Global Surfaces Limited IPO Allotment

The IPO size is Rs. 155 crores with a face value of Rs. 10. The issue is priced at Rs. 133 to Rs. 180 per share. The allotment of the IPO will be based on a lottery system, with qualified investors receiving a unique lottery number. The allotment process will be completed within two working days from the closure of the IPO.

Investors can check their allotment status from the company’s website or from the registrar’s office. Those successful in the allotment will receive a confirmation email from the registrar. The listing of the shares is expected to take place within a week from the allotment of the IPO.

All information about this Global Surfaces Limited IPO is in this article if you want to know more about other IPOs and news related to finance, then you must regularly visit our website’s homepage by clicking here.


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