Allotment, Listing Date, Lot Size, and More for the Global Surface IPO GMP Today are Detailed. Regarding premium stone surfaces, look no further than Global Surface IPO GMP Today (GSL). Global Surfaces Limited is going public to obtain money for future growth and product diversity.
Global Surface IPO GMP Today
This industry-leading firm min, manufactures, and exports various natural stones and manufactured quartz. It has a considerable impact on the global stone market. The Jaipur-based firm has reinvented itself after beginning as a small operation with a single stone. Since its inception in 2004, when Mr. Mayank Shah took over as Director of Global Surfaces, the company has experienced steady expansion.
To compensate its investors, the company would issue 8,520,000 shares for Rs. 155 crore in an initial public offering (IPO). In 2022, sales were recorded at Rs 198 crore, up from Rs 179 crore the previous year. The IPO price per share range is between Rs 133 and Rs 140, and the minimum purchase is set at 100 shares. The number of Rs. 10 shares being issued is 11,070,000. This IPO will begin accepting applications on March 13 and end two days later, on March 15. The allocation will occur on March 20, and the reimbursement will occur on March 21.
IPO for Global Surfaces Limited
With a face value of Rs. 10, the IPO is estimated to have a Global Surface IPO GMP Today of Rs. 135. At a minimum, an offer of Rs. 155 million must cover ten shares, giving you an idea of the size of the issue. Unistone Capital Pvt Ltd. is serving as the issue’s lead manager. Investors from around the country are likely to buy into the case because the product is popular at home and abroad.
GSL’s stone surface products come in various shapes and sizes, giving the company a competitive edge in the Indian market. Since there is a growing market for visually pleasing stone surface products, the company stands to gain. Once Global Surfaces’ IPO goes public, the Global Surface IPO GMP Today price will be updated in real-time.
IPO Size for Global Surfaces, Ltd
The lot size for the IPO of Global Surface IPO GMP Today is 100 shares. This IPO represents a fantastic opportunity for those interested in the cutting-edge of the worldwide surface technology business. Each investor can purchase a maximum of 2023 shares in the IPO. Each lot will include 2023 shares of Global Surface IPO GMP Today, and the corporation requires a minimum subscription of 5 lots.
From March 13-15, 2023, investors can get in on the initial public offering. By participating in this IPO, investors will have the opportunity to capitalize on the future expansion of Global Surfaces Limited, a company focused on creating cutting-edge surface solutions for various industries. This initial public offering (IPO) is available to investors in India’s major stock markets.
The IPO Listing Date of Global Surfaces Limited
The initial public offering (IPO) for Global Surfaces Limited will be made public soon. Since its founding in 2004, this corporation has become a significant player in the market for construction materials. The primary goals of the IPO are to generate sufficient funds for future corporate expansion and investment. If you’re looking for a firm with a solid market presence, a loyal customer base, and a dedication to research and development, go no further than Global Surfaces Limited. Investors’ financial backing is crucial to the company’s continued success and expansion.
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The initial public offering (IPO) will allow current and potential shareholders to buy into the firm and participate in its future success. The IPO listing on the stock exchange will boost the value for investors by making the shares more liquid. The company’s financial data and the ability to vote on significant decisions will be available to investors. In sum, the 2023 IPO listing of Global Surfaces Limited is a fantastic chance for investors to join in on the ground floor of a company with a bright future. Company shares will be more liquid, and more investors will be attracted if the company is listed on a stock exchange.
IPO Allotment for Global Surfaces, Ltd
With a face value of Rs. 10, the IPO is valued at Rs. 155 crore. The price range for this offering is Rs. 133 to Rs. Qualified investors will be assigned a lottery number to determine the IPO allotment. The allotment process will be finalized within two business days following the IPO’s close.
The registrar’s office and the company’s website are good places for investors to learn about their allocation. Email notifications will go out to those who received a portion. The stock should be listed on a major exchange within a week following the IPO share allotment.
This article contains everything you need to know about the Global Surfaces Limited initial public offering (IPO), but if you want to keep up with other IPOs and financial news, bookmark our homepage and check back often!
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