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Global Surfaces Limited IPO

Mainboard IPOListedGSLSUNSE
Current Market Price (CMP)
₹23.90(-82.93%)
Current Price (CMP)
₹23.90(-82.93%)

Live Market Quote

Listing Price & Gain
₹164(+17.14%)

Day 1 Exchange Open

IPO Issue Price
₹140

Band: ₹133 - ₹140

Total Subscription
12.21x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
13 Mar 2023
IPO Bidding Closes
15 Mar 2023
Allotment & Refunds
Completed
Exchange Listing Day
23 Mar 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 12.21x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)8.95x
Non-Institutional Investors (NII / HNI)33.1x
Retail Individual Investors (RII)5.12x
Total Subscription12.21x
Updated as on 15-Mar-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+17.14%
₹140 (Issue) → ₹164 (List)
Per share profit: +₹24.00
Holding Return (Till Date)-82.93%
₹140 (Issue) → ₹23.90 (CMP)
Net gain per share: ₹-116.10
Post-Listing Performance (Listing Day → Today):-85.43%

About Global Surfaces Limited IPO

Global Surfaces Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 13 Mar 2023 and concluded on 15 Mar 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹133 - ₹140.

During the bidding window, Global Surfaces Limited witnessed heavy demand with an overall subscription of 12.21 times. Institutional investors (QIB) subscribed 8.95x, non-institutional high-net-worth investors (NII) subscribed 33.1x, and retail individual investors (RII) bid 5.12x their reserved quota.

The equity shares of Global Surfaces Limited officially debuted on the stock exchanges on 23 Mar 2023 at an opening listing price of ₹164, delivering a listing day return of +17.14% (premium) over the final issue price. As per the latest market data, the stock trades at ₹23.90, representing an overall decline of -82.93% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Global Surfaces Limited IPO?
The issue price of Global Surfaces Limited IPO was fixed at ₹140 per equity share. The indicative bidding price band was ₹133 - ₹140.
What were the open, close, and listing dates for Global Surfaces Limited IPO?
Global Surfaces Limited IPO opened on 13 Mar 2023, closed on 15 Mar 2023, listed on 23 Mar 2023.
How much was Global Surfaces Limited IPO subscribed?
The IPO received an overall subscription of 12.21 times. Category-wise, QIBs subscribed 8.95x, NIIs subscribed 33.1x, and Retail investors subscribed 5.12x.
What was the listing price and listing gain of Global Surfaces Limited IPO?
Global Surfaces Limited IPO listed on the stock exchange at ₹164, delivering a listing gain of 17.14% compared to the IPO issue price of ₹140.
Is Global Surfaces Limited IPO a Mainboard or SME IPO?
Global Surfaces Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Global Surfaces Limited IPO since its IPO?
At the latest market quote of ₹23.90, Global Surfaces Limited IPO has generated an all-time return of -82.93% since its initial public offering.

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