Durlax Top Surface IPO

Durlax Top Surface Limited upcoming IPO is INR 40.80 Cr, with a fresh issue of INR 28.56 Cr and an offer for sale of INR 12.24 Cr, to fund working capital and corporate needs.

Important Details

Open Date : June 19, 2024 Close Date : June 21, 2024 Allotment Date: June 24, 2024 Listing Date: June 26, 2024

Important Details

IPO Price: INR 65-68 per share Lot Size: 2000 Shares Total Issue Size: INR 40.80 crore

Fundamental Analysis

Durlax Top Surface IPO analysis shows mixed performance: 1. Significant revenue growth. 2. Consistent rise in equity and liabilities. 3. Improvement in profitability,EPS & RoNW improved. 4. Solid financial health & investor confidence.

Peer Comparison

Durlax Top Surface: substantial revenue and profitability growth,High EPS & RoNW for Durlax. Kaka Industries and Dhabriya Plywood: robust financial performance. Pokarna Limited: weaker profitability and returns despite asset base.


Durlax Top Surface Limited aims to part finance its working capital requirements.

Risks And Challenges

Durlax Top Surface Ltd Ltd risks: 1. Reliance customers & suppliers,Lack of formal agreements. 2. Potential supply disruptions,Fluctuating capacity utilization. 3. Risks to profitability and future performance.