Esprit stones IPO Allotment Status Online: Esprit stones IPO is Open on 26 July, 2024 and Close on 30 July, 2024. Esprit stones IPO to Raise 5,795,200 shares (Approx ₹50.42 Cr) via IPO. The Fresh Issue of 5,795,200 shares (Approx ₹50.42 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Esprit stones IPO Basis of Allotment Status on 31 July, 2024. Esprit stones IPO Refund Date is 1 August 2024 and Esprit stones IPO Credit to Demat on 1 August 2024.
Also Read: Esprit stones IPO Details, GMP Price, Date, Review
Esprit stones IPO Allotment Link Online
Linktime
Linktime Allotment Link
Moneymintidea
IPO Allotment Status Link
About –
Esprit stones was incorporated in the year 2016 We are primarily engaged in the manufacturing of Engineered Stones such as:
- Engineered quartz surfaces.
- Engineered marble surfaces.
Our Company majorly manufactures engineered quartz surfaces and through our Subsidiary, HSPL, we manufacture engineered marble surfaces.
We are one of the key Engineered Stones players in India. (Source: CARE Report). Engineered Stones are composite material formed out of crushed stone that is held together by an adhesive. Engineered Stone’s non-porous characteristics, offer superior scratch, stain and heat resistance, making them extremely durable and therefore get an edge over competing products such as natural stones, laminate and other manufactured solid surfaces The strength, consistency, durability and appearance of our Engineered Stones, as well as their low maintenance makes it ideal for its application for vanities & bathroom surfaces, kitchen countertops, floors and wall cladding furniture, and other interior surfaces that are used in a variety of residential and non-residential applications.
Through our innovative design and manufacturing processes, we are able to offer our product in wide variety of colours, styles, designs and textures.
We have customized our manufacturing processes in order to maximize the consistency, quality, durability and crack resistance of our Engineered Stones while also increasing its slickness and luster. Together with our research and development capabilities, our manufacturing expertise enable us to develop a number of aesthetically distinct designs for our products.
We continually work to ensure that we acquire high quality raw materials for our Engineered Stones and ensure that our high-quality standards are met by conducting ongoing quality control checks of the raw materials and finished goods at our Manufacturing Facilities.
Additionally, through our Subsidiary, Addwaya Chemicals, we are also engaged in the manufacturing of unsaturated polyester resin which is one of the key raw materials in manufacturing of Engineered Stones.
