Esprit Stones Limited
ListedSMEConstruction Materials · NSE
Founded in 2016, Esprit Stones Limited specializes in manufacturing engineered quartz and marble surfaces. As of March 2024, the company operates Manufacturing Facility I with three pressing lines and two polishing lines, achieving an annual production capacity of around 72 lakh sq. ft. It also runs Manufacturing Facility II for producing quartz grit and quartz powder, key raw materials used in engineered quartz, along with a third facility dedicated to manufacturing unsaturated polyester resin. Backed by certifications such as ISO 14001:2015, ISO 45001:2018, ISO 9001:2015, NSF, and Green Guard, Esprit Stones maintains strong quality and sustainability standards. As of May 31, 2024, the company employs 295 people across various departments.
Price Band
₹82 – ₹87
Issue Size
₹50.35 Cr
Lot Size
1600 shares
GMP
₹33
+37.9%
Est. Listing
₹120
at current GMP
Subscribed
185.93x
overall
Open
26 Jul 2024
Close
30 Jul 2024
Allotment
31 Jul 2024
Refund
1 Aug 2024
Demat Credit
2 Aug 2024
Listing
2 Aug 2024
Last updated 12 days ago
Overall Subscription
185.93x
Total Demand
QIB Multiplier
117.63x
Institutions & Funds
NII / HNI
399.95x
High Net-Worth
Retail (RII)
145.81x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,075,200 | 126,473,600 | 117.63x |
| NIB | 806,400 | 322,521,600 | 399.95x |
| RETAIL | 1,881,600 | 274,348,800 | 145.81x |
| EMPLOYEES | 128,000 | 129,600 | 1.01x |
| Total | 3,891,200 | 723,473,600 | 185.93x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,266 | 184,595 | 145.81x |
| HNIs (10L +) | 8 | 3,200 | 399.95x |
| HNIs (2-10L) | 39 | 15,598 | 399.95x |
| Total Applications | 1,313 | 203,393 | 154.91x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Esprit Stones Limited Public Issue & Market Profile
Esprit Stones Limited is bringing an initial public offering (IPO) in the Construction Materials sector with an aggregate issue size of ₹50.35 Crores. The shares are offered at a price band of ₹82 to ₹87 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-07-30, the basis of allotment is scheduled to be finalized on 2024-07-31. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Esprit Stones Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Esprit Stones Limited IPO is ₹33 per equity share. Based on the upper price band of ₹82 to ₹87 per equity share, the estimated listing price is ₹120 (+37.9% expected listing gain).
What is the expected profit per lot for Esprit Stones Limited IPO?
With a lot size of 1600 shares and current GMP of ₹33, the expected profit per application lot is approx ₹52,800 (+37.9% gain). Minimum application cost is approx ₹1,39,200.
What is the issue size and price band for Esprit Stones Limited IPO?
The Esprit Stones Limited IPO aggregate issue size is ₹50.35 Crores with an equity price band set at ₹82 to ₹87 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,39,200.
How can I check Esprit Stones Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 185.93x (Retail: 145.81x, QIB: 117.63x, NII: 399.95x). You can track live multiples directly on our dedicated subscription page.
Where and when will Esprit Stones Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-07-31. Investors can verify status using PAN card or application number.
When is the listing date for Esprit Stones Limited IPO?
Esprit Stones Limited shares are scheduled to list on NSE on 2024-08-02.