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Durlax Topsurface Ltd IPO GMP Today, Price Range and Company Details

Durlax Top Surface Limited IPO commands ₹25 grey market premium (GMP), priced ₹65 to ₹68 per share with lots of 2000 shares. Subscription window open from June 19 to June 21, 2024.
Durlax Topsurface Ltd IPO GMP Today, Price Range and Company Details

As of June 18, 2024, Durlax Top Surface Limited IPO has ₹25 as Grey Market Premium, with a price band of ₹65 to ₹68 per share. Offering lots of 2000 shares, the subscription window is open from June 19 to June 21, 2024.

Durlax Top Surface Limited IPO GMP Today

The Grey Market Premium (GMP) for Durlax Top Surface Limited is ₹25 as of June 18, 2024. This assessment coincides with a price range of ₹65 to ₹68 per share for the IPO.

Durlax Top Surface Limited IPO Review

Durlax Top Surface Limited’s revenue rose from ₹4,735.82 lakhs in March 2022 to ₹6,673.83 lakhs in March 2023 and ₹9,076.42 lakhs by March 2024. Equity and liabilities grew, but debt-equity ratio decreased. Profitability improved with profit after tax increasing from ₹48.42 lakhs to ₹505.07 lakhs.

Diluted earnings per share climbed from ₹0.41 to ₹4.06. Return on net worth surged from 3.75% to 23.12%. Total assets increased, indicating business growth potential, but current ratio rose, suggesting potential short-term obligation challenges. 

To get a full IPO review, click here Durlax Top Surface Limited IPO Review

Durlax Top Surface Limited IPO Date

Durlax Top Surface Limited will start accepting subscriptions from June 19, 2024 to June 21, 2024

Durlax Top Surface Limited IPO Price

Durlax Top Surface Limited’s price range is ₹65 to ₹68 per share with a face value of ₹10 each.

Durlax Top Surface Limited

Durlax Top Surface Limited manufactures and exports solid surface materials under LUXOR® and ASPIRON® brands using advanced German and South Korean technologies. Based in Vapi, they offer stylish, durable solutions for residential, commercial, hospitality, healthcare, and outdoor projects. Founded by certified interior designers Shravan and Lalit Suthar, with focus on client acquisition, business development, and brand marketing for continuous growth.

How To Apply For Durlax Top Surface Ltd IPO?

To apply for the Durlax Top Surface Limited IPO  through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Durlax Top Surface Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Durlax Top Surface Limited IPO at Alice Blue in just a few clicks!

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