Global Surfaces IPO opened for subscription on Monday, March 13 and will be closing on March 15. The company is raising Rs 154.98 crore from the IPO. Ahead of the IPO, company also raises Rs 45 crore through anchor investors on March 10. Click here to apply in the IPO.
Check the live subscription status of the company at 3.45 PM on March 13
Category | No. of shares offered | No. of shares bid for | No. of shares bid for the category |
Qualified Institutional Buyers (QIBs) | 22,14,000 | 7,500 | 0.00 |
Non Institutional Investors(NIIS) | 16,60,500 | 5,50,300 | 0.33 |
Retail Individual Investors (RIIs) | 38,74,500 | 18,48,800 | 0.48 |
Total | 77,49,000 | 24,06,600 | 0.31 |
(Source: BSE)
Global Surfaces had started their business activities with processing of natural stones and post that they branched out to manufacturing engineered quartz, which adds a wide range of products in its portfolio. Going ahead, the company has plans to keep a constant focus on adding new products, identifying new markets and introducing high quality products which are in demand.
The company is expected to list on BSE and NSE on March 23.
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