Open Date
19 Jun 2024
Close Date
21 Jun 2024
Listing Date
26 Jun 2024
Max Investment
₹1,36,000
Price Range
₹68 - ₹68
Lot Size
2000
IPO Size
₹40.8Cr
Exchange Symbols
Durlax Top Surface Ltd IPO
₹1,36,000
/ 2,000
Cutoff - Lot Size
IPO Dates and Timelines
IPO Size
IPO Reservation
Investor Category
Shares Offered
Allocation Percentage %
Anchor Investor Shares Offered
17,04,000
-
QIB Shares Offered
28,44,000
50.0%
NII (HNI) Shares Offered
8,56,000
15.0%
Retails Shares Offered
20,00,000
35.0%
Total Shares Offered
60,00,000
-
Total Shares with Anchor Investor
45,48,000
100%
IPO Lot Size
Applications
Lot
Shares
Amount
Retail (Min)
1
2000
₹1,36,000
Retail (Max)
1
2000
₹1,36,000
S-HNI (Min)
2
4000
₹2,72,000
S-HNI (Max)
7
14000
₹9,52,000
B-HNI (Min)
8
16000
₹10,88,000
IPO Shareholding Pattern
Category
Pre-Issue
Post-issue
Promoter Group
81.39%
50.00%
Public Group
18.61%
50.00%
IPO Financials
Total Assets Total Liabilities
Total Revenue Total Expenditure
EBITDA Profit
Share Capital
IPO Peers
IPO Strengths & Risks
Strength
Risks
Focusing on multiple end-user industries.
Wide and diverse range of product offerings.
Experienced promoters and management team with industry knowledge and an established track record.
Diversified distribution network across India catering to customers.
The company is dependent on a few customers for a major part of its revenues. Further the company does not enter into long-term arrangements with its customers and any failure to continue its existing arrangements could adversely affect the company's business and results of operations.IPO Registrars
Bigshare Services Pvt Ltd
Phone Number:
91-22-62638200
Email ID:
Website:
www.bigshareonline.com
Limited
Durlax Top Surface Limited is engaged in the business of manufacturing of solid surface material, which is sold across India, through an extensive distribution network of distributors and direct customers and also exported to various countries such as Dubai, Qatar, Greece, Sri Lanka. The Company operates through two brands namely LUXOR and ASPIRON, which provide a wide range of solid surfaces known for their aesthetics and performance. Its LUXOR brand offers Acrylic UV Solid Surfaces, while ASPIRON offers Modified Solid Surfaces. Both brands offer seamless designs, anti-bacterial properties, and fire-retardant features, ensuring a comprehensive selection of high-quality solid surfaces.
Contact Details
IPO Company Name:
Limited
Phone Number:
+91-75067 99831
Email ID:
Website:
www.durlax.com
Address:
Mumbai, Maharashtra
IPO Overview
: IPO Dates
The IPO opens for subscription on 19 Jun 2024, and closes on 21 Jun 2024. Investors will likely receive their allotment status updates on 24 Jun 2024. Those who get allotted shares can expect them credited to their Demat accounts by 25 Jun 2024. The shares will be officially listed on the stock exchange on 26 Jun 2024.
: IPO Price Band
The IPO consists of a fresh issue and an offer for sale, with a price band set between ₹68.0 and ₹68.0 per share.Investors can apply within this range. This book-building issue includes a fresh issue worth ₹28.56 crore and an offer for sale valued at ₹ 12.24 crore. The exact listing price will be revealed on 26 Jun 2024, which is when the shares start trading on the exchange.
: Lot Size and Issue Size
The minimum application lot size is shares, and investors need to apply for at least one lot. The total IPO size is approximately - crore.
How to Apply for IPO Online?
- 1. Log in to Torus Digital: Open the Torus Digital app and enter your login details.
- 2. Find the IPO Section: Navigate to the ‘IPO’ tab in the app.
- 3. Select IPO: Choose it from the list of available IPOs.
- 4. Enter Lot Quantity: Input how many lots you want to apply for.
- 5. Provide UPI ID: Submit your UPI ID for payment.
- 6. Approve Payment: When the payment request comes to your UPI app, approve it by entering your UPI PIN.
How to Check IPO Allotment Status for ?
- 1. Open the Torus Digital app and log in.
- 2. Go to the ‘IPO’ section and select ‘IPO Orders’.
- 3. Choose the IPO application.
- 4. View your allotment status.
You will also get notified of your allotment via push notifications and email from Torus Digital.
FAQ’s
What is the open date of IPO?
- The opening date of IPO is 19 Jun 2024.
What is the close date of IPO?
- The closing date of IPO is 21 Jun 2024.
What is the issue size of IPO?
- The issue size of IPO is Rs Cr.
What is the lot size of IPO?
- The size per lot of IPO is 2000.0.
How to apply for IPO?
- To apply for IPO:
- Navigate to the IPO section of mobile app/website
- Click on Current IPO
- Click on IPO
- Enter Lot Quantity
- Enter Valid UPI ID
- Click on apply
- Your application will be processed once the transaction is completed successfully.
What is the allotment date of IPO?
- The Allotment Date of IPO is 24 Jun 2024.
What is the listing date of IPO?
- IPO will get listed on .
Who is the registrar of IPO?
- The registrar of IPO is Bigshare Services Pvt Ltd .
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