Durlax Top Surface Logo

Durlax Top Surface Limited

DURLAX

65-68

per share
Bidding Dates
19-21 Jun
Min. Investment
₹1,30,000.00
Lot Size
2000 shares
Issue Size
₹40.8 Cr
IPO Timeline
Bidding starts
19 Jun ‘24
Bidding ends
21 Jun ‘24
Allotment finalisation*
24 Jun ‘24
Refund initiation*
25 Jun ‘24
Demat transfer
25 Jun ‘24
Listing
26 Jun ‘24
* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

About Durlax Top Surface Limited

Incorporated in 2010, Durlax Top Surface is engaged in the business of manufacturing of solid surface material, which is sold across India, through an extensive distribution network of distributors and direct customers and also exported to various countries such as Dubai, Qatar, Greece, Sri Lanka. 

They operate through two brands namely LUXOR® and ASPIRON®, which provide a wide range of solid surfaces known for their aesthetics and performance. Their Brand 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, ensuring a comprehensive selection of high-quality solid surfaces. 

Durlax Top Surface is founded by Shravan Suthar and Lalit Suthar, both are certified in interior designing and decoration, boasting substantial expertise in this domain. Shravan Suthar is primarily responsible for client acquisition and retention, diligently working to expand their client base and maintain strong customer relationships, fostering continuous business growth. On the other hand, Lalit Suthar oversees comprehensive business development endeavours, particularly focusing on brand marketing solutions.

Their manufacturing facility is supported by infrastructure for storage of raw materials, manufacture of solid surfaces, storage of finished goods, together with a quality control and research & development 122 laboratory. They source raw materials from suppliers based on quality specifications and cost effectiveness. Easily available materials are procured from suppliers located in close proximity to their registered office/ Unit to minimize inward freight costs and reduce the cost of raw materials. 

The company is situated in Vapi, the state-of-the-art manufacturing facility is equipped with German and South Korean technologies and advanced machinery to produce solid surface materials. They aim to meet the ever evolving demands of their customers and create pleasing and functional spaces across various sectors. Their solid surfaces find applications in residential, commercial, hospitality, healthcare, exterior, and diverse industries, providing stylish and durable solutions for countertops, vanities, offices, retail spaces, hotels, hospitals, outdoor projects, and more.

Durlax Top Surface Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 

  1. Part finance the working capital requirements.
  2. General corporate purposes.
  3. To meet the offer expenses.

IPO analysis

Registrar information
Name
BIGSHARE SERVICES PRIVATE LIMITED
Phone number
+91 22-6263 8200
Email ID
ipo@bigshareonline.com
Red herring prospectus
View documents submitted by company in filing to understand more details about them.

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