Global Surfaces IPO Subscription Details

Bookbuilding IPO | ₹155 Cr | Listed at BSE, NSE | Mon, Mar 13, 2023 - Wed, Mar 15, 2023

Basis of Allotment - Global Surfaces IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)22,14,00033,21,00055,35,0005,53,50011,07,00016,60,50038,74,5001,10,70,000
Allotment price (Rs.)140140140140140140140140
No.of applications223322610,6024,98615,5881,62,9951,78,809
No.of shares applied1,98,32,40036,78,1002,35,10,5001,63,00,9003,88,66,1005,51,67,0001,92,79,3009,79,56,800
Amount collected (Rs.cr.)277.65 51.49 329.15 228.21 544.13 772.34 269.91 1,371.40
No.of times subscribed8.961.114.2529.4535.1133.224.988.85
No.of shares allotted22,14,00033,21,00055,35,0005,53,50011,07,00016,60,50038,74,5001,10,70,000
Amount (Rs.cr.)31.00 46.49 77.49 7.75 15.50 23.25 54.24 154.98
No.of allottees1031336903690382

IPO Shares Offered

Global Surfaces IPO is a public issue of 1.11 Cr equity shares. The issue offers 0.39 Cr shares to retail investors, 0.55 Cr shares to qualified institutional buyers, and 0.17 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 55,35,00077.49 50.00%
    Anchor 33,21,000 46.49 30.00%
    QIB (Ex Anchor) 22,14,000 31.00 20.00%
NII 16,60,50023.25 15.00%
    bNII (> ₹10L)11,07,00015.50 10.00%
    sNII (< ₹10L)5,53,5007.75 5.00%
Retail38,74,50054.24 35.00%
Total1,10,70,000154.98 100%

Global Surfaces IPO Anchor Investor Allocation

A total of 33,21,000 shares at a price of Rs 140 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 10, 2023
Anchor investor price₹140.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days16,60,500
No. of shares locked-in for 90 days16,60,500
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 LEADING LIGHT FUND VCC-THE TRIUMPH FUND LEADING LIGHT FUND VCC 19,28,600 27.00 58.07 17.42
2 SAINT CAPITAL FUND SAINT CAPITAL 10,35,200 14.49 31.17 9.35
3 VPK GLOBAL VENTURES FUND-VPK GLOBAL VENTURES FUND-SCHEME I VPK GLOBAL VENTURES 3,57,200 5.00 10.76 3.23
33,21,00046.4910030.00

IPO Subscription FAQs

The Global Surfaces IPO is subscribed 12.21 times by Mar 15, 2023 19:02.

Global Surfaces IPO Subscription

Investor Category Subscription (times)
Qualified Institutional8.95
Non Institutional33.1
Retail Individual5.12
Total Subscription12.21

Retail category of Global Surfaces IPO subscribed 5.12 times as of date Mar 15, 2023 19:02. The public issue closes on Wed, Mar 15, 2023 for bidding.

An investor can apply in Global Surfaces IPO online via bank (using ASBA) or the broker (using UPI). The Global Surfaces IPO shares are offered online only.

The Global Surfaces IPO is subscribed 12.21 times by Mar 15, 2023 19:02.

The Global Surfaces IPO allotment status is expected on or around Monday, March 20, 2023. Visit Global Surfaces IPO allotment status to check.

The Global Surfaces IPO listing date is March 23, 2023. The equity share of Global Surfaces IPO will list on BSE, NSE.

Visit Global Surfaces IPO subscription status page for real-time bidding information about Global Surfaces IPO.

Global Surfaces IPO Timetable

IPO opens OnMonday, March 13, 2023
IPO Closes OnWednesday, March 15, 2023
Finalisation of Basis of AllotmentMonday, March 20, 2023
Initiation of RefundsTuesday, March 21, 2023
Credit of Shares to Demat AccountWednesday, March 22, 2023
IPO Listing DateThursday, March 23, 2023
Open an Instant Account with Zerodha