31 Mar 2022
Assets71.68
Total Income47.42
Profit After Tax0.48
NET Worth12.92
Reserves and Surplus12.77
Total Borrowing39.30
At a glance
Updated 2026-08-24Durlax Top Surface is a SME IPO with an issue size of ₹40.80 crore, proposed for listing on NSE SME. The issue structure includes a fresh issue of ₹26.52 crore and an offer-for-sale component of ₹12.24 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹40.80 Cr
Fresh issue₹26.52 Cr
Offer for sale₹12.24 Cr
Face value₹10
Price band₹65.00–₹68.00
Grey market
GMP page ↗Latest GMP₹64.00
GMP / upper price94.12%
Est. listing₹132.00
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Part finance to meet the working capital requirements | ₹17.50 Cr |
| General corporate purposes | ₹6.00 Cr |
Financials
Full financials ↗31 Mar 2023
Assets76.73
Total Income66.84
Profit After Tax2.09
NET Worth16.71
Reserves and Surplus4.31
Total Borrowing36.91
31 Mar 2024
Assets105.54
Total Income90.84
Profit After Tax5.05
NET Worth21.84
Reserves and Surplus9.42
Total Borrowing60.71
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 26.20% |
| ROCE | 20.20% |
| Debt / Equity | 2.78% |
| RoNW | 23.12% |
| PAT Margin | 5.56% |
| Price to Book Value | 3.87 |
Valuation & shareholding
Pre-IPO EPS4.06
Post-IPO EPS3.04
Pre-IPO P/E16.73
Post-IPO P/E22.39
Promoter holding pre95.44%
Promoter holding post60.35%
Market cap₹113.07 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Offer relating expenses such as fees to Book Running Lead Manager Fixed Fee, Registrar to the Offer, Legal Advisors, Auditors, statutory advertisements and other expenses incurred / to be incurred including promotional expenses | ₹2.65 Cr |
| Underwriting commission, brokerage and selling commission (including Commission/ processing fees for SCSBs, Sponsor Bank, Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹2.02 Cr |
| Listing fees, Stock Exchange processing/ listing fees, software fees, Depositories fees, other regulatory expenses and sundry expenses | ₹0.33 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Expert Global Consultants Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.