When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.

Durlax Top Surface Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Durlax Top Surface Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

Apply for IPO

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹68

Per Share

Lot Size

2000 Shares

Minimum Investment

₹1,36,000

Issue Size

₹0 Cr

Face Value

₹10

Per Share

IPO Type

Rights Issue

Retail Quota

QIB Quota

NII Quota

IPO Timeline

Important dates for your applying strategy.

IPO Opens19 Jun

IPO Closes21 Jun

Basis of Allotment1 Jan

Refund Initiation1 Jan

Shares Credited1 Jan

Durlax Top Surface Ltd

Business model, operations, and market positioning.

Issue Type

Rights Issue

ISIN

INE0OUW01013

Products & Services

Durlax Top Surface Limited is engaged in the business of manufacturing of solid surface material.

Growth Strategy

Continue to add to product portfolio by introducing new designs.
Further expand its distribution network across India and globally.

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures

Revenue GrowthProfit After Tax (PAT)Total Assets

Revenue

+103%vs FY24

Amount in ₹ crore

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offer of 60,00,000** equity shares of face value of Rs. 10/- each ("Equity Shares") of Durlax Top Surface Limited ("Company") for cash at a price of Rs. 68/- per equity share (including a share premium of Rs. 58/- per equity share) ("Offer Price") aggregating to Rs. 40.80.** crores comprising a fresh issue of 42,00,000** equity shares aggregating to Rs. 28.56** crores by the company ("Fresh Issue") and an offer for sale of 18,00,000** equity shares aggregating to Rs. 12.24** crores by the promoter selling shareholder, (the "Offered Shares") (the "Offer for Sale" and together with the fresh issue, the "Offer") of which 3,00,000** equity shares aggregating to Rs. 2.04** crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer 57,00,000** equity shares of face value of Rs. 10/- each at price of Rs. 68/- per equity share aggregating to Rs. 38.76** crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 36.08% and 34.28% respectively of the fully-diluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The offer price is 6.8 times the face value of the equity shares. **Subject to finalization of the basis of allotment.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

StrengthsRisk Factors

Focusing on multiple end-user industries.
Wide and diverse range of product offerings.
Experienced promoters and management team with industry knowledge and an established track record.

Frequently Asked Questions

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.

Durlax Top Surface Ltd

Business model, operations, and market positioning.