Esprit Stones IPO | Are you applying?

9°

2024-07-24

Founded in 2016, Esprit Stones Limited manufactures engineered quartz and marble surfaces.

As of March 2024, the Manufacturing Facility I is equipped with three (3) pressing lines and two (2) polishing lines, with a production capacity of around 72 lakhs sq.ft. per annum. Additionally, we commissioned our Manufacturing Facility II to manufacture quartz grit and quartz powder, which is the primary raw material for the manufacture of engineered quartz.

Esprit Stones IPO opens for subscription on July 26, 2024 and closes on July 30, 2024. The allotment for the Esprit Stones IPO is expected to be finalized on Wednesday, July 31, 2024. Esprit Stones IPO will list on NSE SME with tentative listing date fixed as Friday, August 2, 2024.

Esprit Stones IPO price band is set at ₹82 to ₹87 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹139,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹278,400.

IPO Date	July 26, 2024 to July 30, 2024
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹82 to ₹87 per share
Lot Size	1600 Shares

IPO Open Date	Friday, July 26, 2024
IPO Close Date	Tuesday, July 30, 2024
Basis of Allotment	Wednesday, July 31, 2024
Initiation of Refunds	Thursday, August 1, 2024
Credit of Shares to Demat	Thursday, August 1, 2024
Listing Date	Friday, August 2, 2024
Cut-off time for UPI mandate confirmation	5 PM on July 30, 2024

GMP is ₹15

Expected Return is 17.24%

Open free demat account and Apply for IPO:

Upstox- https://play.google.com/store/apps/details?id=i...

Upstox - https://upstox.com/open-demat-ac...t/

Zerodha - https://zerodh...m/

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