ListedSMEDURLAX

Durlax Top Surface Limited

Durlax Top Surface Limited is an SME IPO raising ₹41 Cr at ₹65 – ₹68 a share. It listed on 26 Jun 2024 and trades at ₹60 today, −11.8% against its issue price of ₹68. The exchanges never published a subscription figure for it.

Get alerts on this company Company page Prospectus ↗

₹68

Issue price

₹60

Price now

−11.8%

Since issue price

26 Jun 2024

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹65 – ₹68

Cut-off price₹68

Issue size₹41 Cr

Shares per lot2000

Minimum application₹1,36,000

Minimum quantity2000

Face value₹10

Listing exchanges—

ISININE0OUW01013

Bidding hours10:00 – 17:00 IST

Bidding window19 Jun 2024 – 21 Jun 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.