Exchanges
BSE, NSE
Issue
Book building

Global Surfaces IPO

₹171.05

+22.18% on listing

Listing-day close · NSE · 23 Mar 2023 · issue price ₹140

Global Surfaces’ ₹155 crore IPO was priced at ₹140 a share. It listed on the NSE on 23 Mar 2023 and closed its first day at ₹171.05, up 22.18% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹155 Cr
Fresh issue
₹119 Cr
Offer for sale
₹35.70 Cr
Lot size
100 shares
Minimum investment
₹14,000
Face value
₹10
Registrar
Bigshare Services

Subscription

Global Surfaces IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—8.85×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹593 Cr
ROE
26.59%
ROCE
20.85%
Debt to equity
0.28
EBITDA margin
21.97%
PAT margin
18.72%
Promoter holding
99.35% → 73.36%

From the offer documents.

Listing

Listing date
23 Mar 2023
Issue price
₹140
Open
₹164.00
High
₹172.20
Low
₹156.10
Close
₹171.05

Listing day on the NSE. The close was +22.18% on the issue price.

GSLSU share price today

FAQs

When did the Global Surfaces IPO open and close?

It opened on 13 Mar 2023 and closed on 15 Mar 2023.

What was the Global Surfaces IPO price?

The price band was ₹133–140 a share. The final issue price was ₹140.

What is the lot size and minimum investment?

One lot is 100 shares, ₹14,000 at ₹140 a share. Retail investors apply in whole lots.

How much did Global Surfaces raise?

₹155 crore: ₹119 crore of new shares and ₹35.70 crore offered by existing shareholders.

How many times was the Global Surfaces IPO subscribed?

8.85 times overall.

How did Global Surfaces list?

It listed on the NSE on 23 Mar 2023 at ₹164.00 and closed the day at ₹171.05, up 22.18% on the ₹140 issue price.

Who is the registrar of the Global Surfaces IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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