Esprit Stones IPO

Esprit Stones Ltd

₹1,31,200 /1600 sharesMinimum Investment

Esprit Stones IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹87.00₹93.15₹6.15 (7.07%)

Esprit Stones IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Jul ‘24 - 30 Jul ‘24₹1,31,2001,600₹82 - ₹87
Issue SizeIPO Doc
50.42Cr
RHP PDF

About Esprit Stones

Esprit Stones is a producer of engineered stones, primarily engineered quartz surfaces, and, through its subsidiary HSPL, manufactures engineered marble surfaces. The company offers products in different colours, styles, designs, and textures. Through another subsidiary, Addwaya Chemicals, Esprit Stones manufactures unsaturated polyester resin, a crucial raw material for engineered stones. The company markets and distributes its products both in the Indian and overseas markets. It employs a combination of direct exports and a network of independent distributors for sales in India. Esprit Stones exports its products to over 10 countries, including the USA, Canada, Egypt, Bulgaria, the UAE, and Saudi Arabia, primarily under white label agreements.;
Founded in
2016
Managing director
Mr. Sunilkumar Lunawath
Parent organisation
Esprit Stones Ltd

Strengths & Financials of Esprit Stones

Strengths
Risks
Esprit Stones is ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015 certified for environmental management systems, occupational health and safety management systems, and quality management systems. It also holds NSF and Green Guard certifications.
The company produces engineered quartz surfaces, primarily using quartz grit and unsaturated polyester resin. To minimise reliance on external suppliers, Esprit Stones established its second manufacturing unit to produce quartz grit. This backward integration helps it maintain more control over this crucial raw material.
Located in Udaipur, Rajasthan, Esprit Stones' manufacturing facilities benefit from easy access to essential minerals used in creating their engineered stones. This proximity offers significant economic and logistical benefits.

Esprit Stones Financials

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

Application Details of Esprit Stones IPO

Apply asPrice bandApply upto
Regular82 - 87₹2 Lakh
Employee77 - 82₹2 Lakh
High Networth Individual82 - 87₹2 - 5 Lakh
For Esprit Stones IPO, eligible investors can apply as Regular & Employee.
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