Global Surfaces Ltd., which processes natural stones and creates manufactured quartz, has submitted preliminary paperwork to the SEBI in order to raise money through an initial public offering (IPO).
According to the draught red herring prospectus (DRHP), the IPO consists of a new issue of 85.20 lakh equity shares and an offer-for-sale (OFS) of up to 25.5 lakh equity shares by the founders Mayank Shah and Sweta Shah.
The company's proposed facility, Global Surfaces FZE, would be built in Dubai with money acquired through the fresh issuing of equity shares.
The firm reported an after-tax profit of Rs 35.63 crore for FY22, up from Rs 33.93 crore for FY21, and total revenue of Rs 198.35 crore, up from Rs 179 crore for FY21. The issue's only book-running lead manager is Unistone Capital. The BSE and NSE will both list the company's equity shares.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2024, IIFL Securities Ltd. All Rights Reserved
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
