Contents
- 1 Esprit Stones IPO Details
- 2 Esprit Stones IPO Date
- 3 Lot Size
- 4 Promoter Holding
- 5 Esprit Stones IPO GMP (Grey Market Premium)
- 6 Esprit Stones IPO Subscription Status
- 7 Esprit Stones IPO Allotment Status
- 8 Know About Company
- 9 Esprit Stones Limited Financial Information
- 10 KIP of Esprit Stones Limited
- 11 Esprit Stones Limited IPO Valuation – FY2024
- 12 Peer Group
- 13 Esprit Stones Limited IPO Registrar
- 14 Esprit Stones Limited IPO Lead Manager
- 15 Esprit Stones Limited Contact
- 16 Esprit Stones Limited IPO Application Form PDF
- 17 FAQs – Esprit Stones Limited IPO
Esprit Stones IPO is a book-built issue aiming to raise ₹50.42 crores. The entire issue consists of 57.95 lakh new equity shares.
Esprit Stones IPO is open for subscription on July 26, 2024, and closes on July 30, 2024. The allotment for the IPO is expected on July 31, 2024. Trom Industries IPO will be listed on NSE SME with a listing date fixed as August 2, 2024.
Investors can subscribe to the IPO at a price band of ₹82 to ₹87 per share. The smallest unit for application is 1600 shares, requiring a minimum investment of ₹139,200 for retail investors. High Net-worth Individuals (HNI) need to apply for at least 2 lots (3,200 shares), amounting to ₹278,400.
Source Doc – Esprit Stones IPO RHP
![Esprit Stones IPO Date, Details, Allotment](https://i0.wp.com/ipogmptoday.in/wp-content/uploads/2024/07/Esprit-Stones-IPO-Date-Details-Allotment.webp?resize=1024%2C576&ssl=1)
Esprit Stones IPO Details
Open Date | July 26, 2024 |
Close Date | July 30, 2024 |
IPO Size | A total of Rs ₹50.42 crores and 57.95 lakh shares |
Fresh Issue | 57,95,200 Equity Shares |
Face Value | ₹10 per share |
IPO Price Band | ₹82 to ₹87 per share |
IPO Listing on | NSE SME |
Lot Size | 1600 Shares |
OFS | N.A |
Share Offered to Retail | 35% |
Share Offered to QIB | 50% |
Share Offered to HNI | 15% |
Esprit Stones IPO Date
- IPO Open Date: July 26, 2024
- IPO Close Date: July 30, 2024
- Allotment: July 31, 2024
- Refunds: August 1, 2024
- Shares Credit to Demat: August 1, 2024
- Listing Date: August 2, 2024
Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | ₹139,200 |
Retail (Max) | 1 | 1600 | ₹139,200 |
HNI (Min) | 2 | 3,200 | ₹278,400 |
Promoter Holding
Promoters of the Company: Sunilkumar Lunawath, Nitin Gattani, Pradeepkumar Lunawath, Sangeeta Gattani, Anushree Lunawath, and Siddhanth Lunawath
Shareholding Pre-Issue: 100.00%
Esprit Stones IPO GMP (Grey Market Premium)
If you want to know Esprit Stones IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Esprit Stones IPO Subscription Status
Esprit Stones IPO subscription starts on July 26, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Esprit Stones IPO Allotment Status
To check the Esprit Stones IPO allotment status go to the IPO registrar website ”Link Intime India Pvt Ltd” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
Company Name | Esprit Stones Limited |
---|---|
Founded | 2016 |
Primary Products | Engineered quartz and marble surfaces |
Manufacturing Facilities | |
Facility I | |
– Three (3) pressing lines | |
– Two (2) polishing lines | |
– Annual production capacity: 72 lakhs sq.ft. | |
Facility II | |
– Produces quartz grit and quartz powder | |
– Raw materials for engineered quartz | |
Facility III | |
– Manufactures unsaturated polyester resin | |
Certifications | – ISO 14001:2015 (Environmental Management) |
– ISO 45001:2018 (Occupational Health and Safety) | |
– ISO 9001:2015 (Quality Management) | |
– NSF (National Sanitation Foundation) | |
– Green Guard (Low-emitting product certification) |
Esprit Stones Limited Financial Information
The financial performance of Esprit Stones Limited for the financial years ending March 31, 2022, March 31, 2023, and March 31, 2024 –
Period Ended | 31 Mar 2024 (₹ Lakhs) | 31 Mar 2023 (₹ Lakhs) | 31 Mar 2022 (₹ Lakhs) |
---|---|---|---|
Assets | 27,459.35 | 23,802.24 | 18,069.74 |
Revenue | 27,477.82 | 17,606.52 | 19,002.60 |
Profit After Tax | 1,031.73 | 355.72 | 1,850.53 |
Net Worth | 7,238.80 | 6,227.81 | 5,893.32 |
Total Borrowing | 12,541.91 | 11,879.55 | 5,799.76 |
Financial Performance Highlights:
- Revenue Growth: Significant increase from ₹17,606.52 lakhs in FY 2023 to ₹27,477.82 lakhs in FY 2024.
- Profit After Tax (PAT): Rose sharply from ₹355.72 lakhs in FY 2023 to ₹1,031.73 lakhs in FY 2024, indicating a growth of 190.04%.
- Asset Growth: Total assets grew steadily over the three years, reaching ₹27,459.35 lakhs in FY 2024.
- Borrowings: Total borrowing increased from ₹11,879.55 lakhs in FY 2023 to ₹12,541.91 lakhs in FY 2024, reflecting increased investment or operational needs.
KIP of Esprit Stones Limited
Here’s the table listing the Key Performance Indicators (KPIs) for Esprit Stones Limited for the financial years ended March 31, 2024 and 2023.
KPIs | Financial Year ended March 31, 2024 | Financial Year ended March 31, 2023 |
---|---|---|
Revenue from Operations (₹ lakhs) | 27,289.02 | 17,441.09 |
EBITDA (₹ lakhs) | 3,320.08 | 1,898.59 |
EBITDA Margin (%) | 12.17% | 10.89% |
Net Profit after tax (₹ lakhs) | 1,031.73 | 355.72 |
Net Profit Margin (%) | 3.78% | 2.04% |
Return on Net Worth (%) | 15.09% | 5.66% |
Return on Capital Employed (%) | 12.39% | 7.60% |
Debt-Equity Ratio | 1.72 | 1.90 |
Esprit Stones Limited IPO Valuation – FY2024
Parameter | Details |
---|---|
Earning Per Share (EPS) | ₹6.29 per Equity Share |
Price/Earning (P/E) Ratio | 13.04 |
Return on Net Worth (RoNW) | 15.09% |
Net Asset Value (NAV) | ₹44.82 per Equity Share |
Peer Group
- Pokarna Limited
- Pacific Industries Limited
- Global Surfaces Limited
- Elegant Marbles & Grani Industries Limited
Esprit Stones Limited IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
L.B.S. Marg, Vikhroli (West),
Mumbai 400 083 Maharashtra,India
Telephone: +91 8108114949
E-mail: espritstones.ipo@linkintime.co.in
Investor grievance email: espritstones.ipo@linkintime.co.in
Website: www.linkintime.co.in
Esprit Stones Limited IPO Lead Manager
- Choice Capital Advisors Private Limited
- Srujan Alpha Capital Advisors LLP
Esprit Stones Limited Contact
Esprit Stones Limited
SP1, Udyog Vihar, Sukher
Industrial Area,
Udaipur- 313 004,
Phone: +91 91166 52582
Email: legal@espritstones.com
Website: https://espritstones.com/
Esprit Stones Limited IPO Application Form PDF
To download the Esprit Stones Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs – Esprit Stones Limited IPO
What does Esprit Stones Limited specialize in?
Esprit Stones Limited specializes in the manufacturing of engineered quartz and marble surfaces. They operate multiple facilities producing a range of products including quartz grit, quartz powder, and unsaturated polyester resin.
When are Esprit Stones Limited IPO opening and closing dates?
Esprit Stones Limited IPO opens for subscription on July 26, 2024, and closes on July 30, 2024.
What is the lot size for Esprit Stones Limited IPO?
The lot size for Esprit Stones Limited IPO is 1600 shares, requiring a minimum investment of ₹139,200 for retail investors at the upper price band.