The fresh issue proceeds will be utilised towards capital expenditure of subsidiary Global Surfaces FZE which is going to set up manufacturing facility for engineered quartz in Dubai. Advisory ...

It incorporated Global Surfaces FZE, a wholly owned subsidiary in U.A.E. in 2021. The Company started construction of the Proposed Facility at The Jebel Ali Free Zone, Dubai, U.A.E. in 2022.

The total size of the IPO is Rs 155 crore. Potential investors will be able to bid for Global Surfaces shares in a price band of Rs 133-140 apiece under the IPO. The IPO will open for subscription on ...