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Esprit Stones IPO GMP Today, Price Range, and Company Details

Esprit Stones IPO offers shares at ₹82 to ₹87, with a ₹38 Grey Market Premium. Available in 1600 share lots, the subscription runs from July 26 to July 30, 2024.

As of July 25, 2024, Esprit Stones IPO has a ₹38 as Grey Market Premium, with a price range of ₹82 to ₹87 per share. Offering lots of 1600 shares, the subscription window is open from July 26 to July 30, 2024.

Esprit Stones Limited IPO GMP Today

The Grey Market Premium (GMP) for Esprit Stones Limited is ₹38 as of July 25, 2024. This assessment coincides with a price of ₹82 to ₹87 per share for the IPO.

Esprit Stones Limited IPO Review

Esprit Stones Limited has experienced fluctuating financial performance, with revenues dropping from ₹18,645.65 lakhs in March 2022 to ₹17,441.09 lakhs in March 2023, then rising to ₹27,289.02 lakhs by March 2024. The increase in total assets suggests potential for growth, despite initial setbacks.

Profitability concerns arise as profit after tax significantly decreased from ₹27,289.02 lakhs to ₹1,031.73 lakhs by March 2024, alongside a drop in EPS from ₹11.46 to ₹6.29. Additionally, the company’s return on net worth declined from 37.25% to 15.09%, reflecting challenges in maintaining investor returns amidst increased debt reliance.

To get a full IPO review, click here Esprit Stones IPO

Esprit Stones Limited IPO Date

Esprit Stones Limited will start accepting subscriptions from July 26, 2024, to July 30, 2024.

Esprit Stones Limited IPO Price

Esprit Stones Limited’s price range is ₹82 to ₹87 per share with a face value of ₹10 each.

Esprit Stones Limited

Founded in 2016, Esprit Stones Limited, backed by Udaipur’s Aravali and Gattani groups, produces engineered quartz and marble surfaces renowned for durability and aesthetics. Initially export-focused, Esprit now targets domestic markets with its luxury brand “Haique,” expanding across 15 states and establishing an experience centre in Kishangarh to enhance brand presence.

How To Apply For Esprit Stones Ltd IPO?

To apply for the Esprit Stones 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 Esprit Stones 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 Esprit Stones IPO at Alice Blue in just a few clicks!

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