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Open
19 Jun 2024
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Close
21 Jun 2024
3
Allotment
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Listing
Wed, Jun 26, 2024
Price Band
₹65 to ₹68
Issue Size
60,00,000 shares (agg. up to ₹41 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Jun 26, 2024
Latest GMP
₹64
Est. Gain
94.12%
✦ AI Insight
GMP Trend
26-06-2024₹64Est. ₹132+94.12%
25-06-2024₹64Est. ₹132+94.12%
24-06-2024₹63Est. ₹131+92.65%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 156.03x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 105.54 | 76.73 | 71.68 |
| Total Income | 90.84 | 66.84 | 47.42 |
| Profit After Tax | 5.05 | 2.09 | 0.48 |
| NET Worth | 21.84 | 16.71 | 12.92 |
| Reserves and Surplus | 9.42 | 4.31 | 12.77 |
| Total Borrowing | 60.71 | 36.91 | 39.30 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Magenta Lifecare Ltd. | SME | ₹7.00 Cr | ₹35 | 69.43 | ₹47.25 | +35.00% | ₹9.75 (+3.72%) |
| Naman In-Store (India) Ltd. | SME | ₹25.35 Cr | ₹89 | 17.95 | ₹118.75 | +33.43% | ₹43.85 (+1.98%) |
| Omfurn India Ltd. | SME | ₹27.00 Cr | ₹75 | 14.78 | ₹76.60 | +2.13% | ₹56.00 (+2.75%) |
| Interiors & More Ltd. | SME | ₹42.00 Cr | ₹227 | 19.7 | ₹283.50 | +24.89% | ₹171.00 (-3.36%) |
| Transteel Seating Technologies Ltd. | SME | ₹49.98 Cr | ₹70 | 10.29 | ₹93.30 | +33.29% | ₹117.80 (-2.32%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part finance to meet the working capital requirements | 17.50 |
| 2 | General corporate purposes | 6.00 |
About Durlax Top Surface IPO
Established in 2010, Durlax Top Surface Limited, formerly known as Durlax Archtech Private Limited, manufactures solid surface materials that are sold across India. The company has two brands, namely LUXOR and ASPIRON. The LUXOR brand offers acrylic UV solid sheets while ASPIRON offers modified solid sheets. Both brands offer seamless designs, antibacterial and fire-retardant properties, ensuring a comprehensive range of high-quality solid sheets. The products are used in residential, commercial, hospitality, healthcare, outdoor and various other industries, providing stylish and durable solutions for countertops, vanities, offices, retail spaces, hotels, hospitals, outdoor projects and more. The company's manufacturing facility is located in Vapi, Gujarat. As of September 25, 2023, the company employed 70 people.+ Read More
Contact Details
Durlax Top Surface Ltd. Address301, Jaisingh CommonspaceDayal Das Road, FP362, W.E.Highway, Vile Parle (East)Mumbai, Maharashtra, 400057+91-75067 99831cs@durlaxindia.comVisit Website