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Durlax Top Surface Limited

Durlax Top Surface Limited

listed
₹1.30LMin. investment

Durlax Top Surface Limited IPO Details

Price range₹65.00 – ₹68.00
IPO type
SME
Lot size2000 shares
Issue size₹40.8Cr
RHP/DRHP
Read

Durlax Top Surface Limited Timeline

  1. Bid start
    19 Jun 2024
  2. Bid end
    21 Jun 2024
  3. Allotment
    21 Jun 2024
  4. Release of funds
    25 Jun 2024
  5. Demat transfer
    24 Jun 2024
  6. Listing
    26 Jun 2024

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.

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Durlax Top Surface Limited Contact Details

Company NameDurlax Top Surface Limited

How to apply for Durlax Top Surface Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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