Durlax Top Surface Limited

About the company

## **About Durlax Top Surface Limited** Incorporated in 2010, Durlax Top Surface is engaged in the business of manufacturing of solid surface material, which is sold across India, through an extensive distribution network of distributors and direct customers and also exported to various countries such as Dubai, Qatar, Greece, Sri Lanka. They operate through two brands namely LUXOR® and ASPIRON®, which provide a wide range of solid surfaces known for their aesthetics and performance. Their Brand LUXOR® brand offers Acrylic UV Solid Surfaces, while ASPIRON® offers Modified Solid Surfaces. Both brands offer seamless designs, anti-bacterial properties, and fire-retardant features, ensuring a comprehensive selection of high-quality solid surfaces. Durlax Top Surface is founded by Shravan Suthar and Lalit Suthar, both are certified in interior designing and decoration, boasting substantial expertise in this domain. Shravan Suthar is primarily responsible for client acquisition and retention, diligently working to expand their client base and maintain strong customer relationships, fostering continuous business growth. On the other hand, Lalit Suthar oversees comprehensive business development endeavours, particularly focusing on brand marketing solutions. Their manufacturing facility is supported by infrastructure for storage of raw materials, manufacture of solid surfaces, storage of finished goods, together with a quality control and research & development 122 laboratory. They source raw materials from suppliers based on quality specifications and cost effectiveness. Easily available materials are procured from suppliers located in close proximity to their registered office/ Unit to minimize inward freight costs and reduce the cost of raw materials. The company is situated in Vapi, the state-of-the-art manufacturing facility is equipped with German and South Korean technologies and advanced machinery to produce solid surface materials. They aim to meet the ever evolving demands of their customers and create pleasing and functional spaces across various sectors. Their solid surfaces find applications in residential, commercial, hospitality, healthcare, exterior, and diverse industries, providing stylish and durable solutions for countertops, vanities, offices, retail spaces, hotels, hospitals, outdoor projects, and more. Durlax Top Surface Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Part finance the working capital requirements. 1. General corporate purposes. 1. To meet the offer expenses.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   19 Jun 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   21 Jun 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   21 Jun 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   25 Jun 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   24 Jun 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   26 Jun 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.