Durlax Top IPO

Durlax Top Surface Ltd

₹1,30,000 /2000 sharesMinimum Investment

Durlax Top IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹68.00₹109.00₹41.00 (60.29%)

Durlax Top IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
19 Jun ‘24 - 21 Jun ‘24₹1,30,0002,000₹65 - ₹68
Issue SizeIPO Doc
40.80Cr
RHP PDF

About the company

Founded in 2010 as Durlax Archtech Pvt Ltd, later renamed Durlax Top Surface in 2017, the company specialises in manufacturing solid surface materials. These products are distributed throughout India via a network of distributors and direct customers. These are also exported to countries, including Dubai, Qatar, Greece, and Sri Lanka. The company operates under two brands, Luxor and Aspiron, each offering a range of solid surfaces. The Luxor brand provides Acrylic UV Solid Surfaces, while Aspiron offers Modified Solid Surfaces. Both brands feature designs with anti-bacterial properties and fire-retardant qualities. These solid surfaces are used in various sectors, such as residential, commercial, hospitality, healthcare, and exterior projects, for use in countertops, vanities, offices, retail spaces, hotels, hospitals, and outdoor installations.;
Founded in
2010
Managing director
Mr. Shravan Suthar
Parent organisation
Durlax Top Surface Ltd

Strength and risks

Strengths
Risks
According to the company, its manufacturing facility at Vapi, Gujarat, is equipped with German and South Korean technologies and advanced machinery to produce solid surface materials.
The company holds ISO 9001:2015 and ISO 14001:2015 certifications for quality management systems.
For the year ending March 31, 2023, the company distributed its products across 21 states and 2 Union Territories in India to both distributors and direct customers.
The company has a presence in both the domestic and international markets. The latter include Dubai, Saudi Arabia, Qatar, Greece, the USA, Sri Lanka, Nepal, and Thailand. It sells a range of products of varying thicknesses (4 mm to 20 mm) and over 100 different shades and colours in these markets.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular65 - 68₹2 Lakh
High Networth Individual65 - 68₹2 - 5 Lakh
For Durlax Top IPO, eligible investors can apply as Regular.
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