Durlax Top Surface Ltd is proposing an Initial Public Offering (IPO) on the NSE SME platform under the SME category. The total issue size is 60,00,000 shares (aggregating up to ₹40.80 Cr).
Subscription opens 19 Jun 2024, closes 21 Jun 2024. Listing expected 26 Jun 2024. Apply via ASBA or UPI.
Durlax Top Surface Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 300,000 | — | ₹2.04 Cr | — |
| TOTAL | 6,000,000 | 100.00% | ₹40.80 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹136,000 |
| Retail (Max) | 13 | 26,000 | ₹1,768,000 |
| sNII (Min) | 14 | 28,000 | ₹1,904,000 |
| bNII (Min) | 68 | 136,000 | ₹9,248,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 9083.93 | 6684.20 | 4741.81 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 505.07 | 209.44 | 48.42 |
| Net Worth | 2184.38 | 1671.21 | 1292.27 |
| Total Assets | 10553.50 | 7673.02 | 7168.11 |
| Reserves & Surplus | 941.61 | 431.14 | 1277.29 |
| Total Borrowings | 6070.71 | 3690.93 | 3929.82 |