Durlax Top Surface IPO Subscription Status: Durlax Top Surface IPO is Open on 19 June, 2024 and Close on 21 June, 2024. Durlax Top Surface IPO to Raise 6,000,000 shares (Approx ₹40.80 Cr) via IPO. The Fresh Issue of 4,200,000 shares (Approx ₹28.56 Cr) and the offer for sale is 1,800,000 shares of ₹10 (Approx ₹12.24 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Durlax Top Surface IPO is an SME IPO and Listed on NSE SME. Durlax Top Surface IPO Price Band is Fixed at ₹68 Equity Share. Durlax Top Surface IPO Lot Size is 2000 Shares.
About Durlax Top Surface IPO :
- Durlax Top Surface operate through two brands namely LUXOR® and ASPIRON®, which provide a wide range of solid surfaces known for their aesthetics and performance. Our LUXOR® brand offers Acrylic UV Solid Surfaces, while ASPIRON® offers Modified Solid Surfaces. Both brands offer seamless designs, anti-bacterial properties, and fire-retardant features.
- Situated in Vapi, our state-of-the-art manufacturing facility is equipped with German and south Korean technologies and advanced machinery to produce solid surface materials. We aim to meet the everevolving demands of our customers and create pleasing and functional spaces across various sectors.
Durlax Top Surface IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 22,52,000 | 10,87,50,000 | 48.29 |
| Non Institutional Buyers (NIIs) | 8,56,000 | 35,52,92,000 | 415.06 |
| Retail Individual Buyers (RIIs) | 20,00,000 | 38,78,96,000 | 193.95 |
| Anchor Investor | 5,92,000 | 5,92,000 | 1 |
| Market Maker | 3,00,000 | 3,00,000 | 1 |
| Total | 51,08,000 | 85,19,38,000 | 166.80 |
The Durlax Top Surface Subscription Status day-by-day-
| Categories | 19 June | 20 June | 21 June |
|---|---|---|---|
| QIB | 2.28 | 2.94 | 48.29 |
| NII | 5.15 | 11.16 | 415.06 |
| RII | 10.44 | 28.45 | 193.95 |
| Total | 5.95 | 14.30 | 166.80 |
Durlax Top Surface Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
Durlax Top Surface Review From MoneyMintIdea –
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