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Global Surfaces Limited IPO Review & Recommendations

 

Global Surfaces Limited IPO

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Global Surfaces Limited IPO Review

Global Surfaces Limited IPO was incorporated in 1991, and engaged with natural stones and manufacturing engineering. They export and produce natural stones and engineer. Their journey is global stones in 2004, in Jaipur, Rajasthan, Global Surfaces Limited grew and created new avenues of growth in the international markets. They are customized according to different shapes, sizes, forms, and colors. Their purpose is they try to understand their customer’s needs like their own and deliver nothing but the best while customizing products to their needs.

Their Strengths are an Experienced and result-oriented Promoter, Wide product portfolio and multiple designs, Consistent Growth, Effective quality checks thereby reducing loss, and R&D setup for new product development. Their raw material from their suppliers is based on quality specifications and cost-effectiveness.

Global Surfaces Limited Products and Services
They engaged with business processing natural stones and manufacturing. Natural stones are produced by complex geological processes and include a number of products such as granite, quartzite, sandstone, travertine, limestone, marble, slate, onyx, and others that are quarried from the earth.
Their products have applications in flooring, wall Cladding, countertops, Cut to size, and other items. Their business model is aimed at consistently expanding their product portfolio by developing new designs. They constantly engaged with their customers through marketing and promotional activities and industry-specific events.

Financial Overview
Global Surfaces Limited is in the business of processing natural stones and manufacturing engineered ones. As per the financial statements, the issue is aggressively priced, it is also a highly competitive segment. This IPO is well educated, Investor may apply for this IPO after doing the research.

Frequently Asked Question

You can apply for an IPO from any place by using internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stock broker. You can invest in Global Surfaces Limited IPO by using any one of these method as per your convenience.
You will receive the allotted shares in your Demat account on March 22, 2023.
Global Surfaces Limited IPO shares will get listed at NSE and BSE.
Market lot size of the Global Surfaces Limited IPO is 100 shares.
Global Surfaces Limited IPO is going to open on March 13, 2023.
Global Surfaces Limited IPO will be closed on March 15, 2023.
Price of 1 share of Global Surfaces Limited IPO is ₹133 - ₹140.
Bigshare Services Pvt Ltd is the registrar of Global Surfaces Limited IPO.
If you do not get the allotment of Global Surfaces shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Face value of equity shares of Global Surfaces Limited IPO is ₹1.
Pre-issue shareholdings of Global Surfaces Limited IPO promoters are 99.35%
Global Surfaces Limited IPO will get listed on March 23, 2022.
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