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­­Esprit Stones Limited IPO

Esprit Stones Limited mainly makes Engineered Stones, which include (i) engineered quartz surfaces and (ii) engineered marble surfaces. Their company mostly produces engineered quartz surfaces, and through their subsidiary, HSPL, they make engineered marble surfaces. They are one of the leading companies in India for Engineered Stones. They have tailored their manufacturing processes to improve the consistency, quality, durability, and crack resistance of their Engineered Stones, while also enhancing their shine and smoothness. Combined with their research and development skills, their manufacturing expertise allows them to create a variety of unique and attractive designs for their products.

Company Promoters:

·       Sunilkumar Lunawath
·       Nitin Gattani
·       Pradeepkumar Lunawath
·       Sangeeta Gattani
·       Anushree Lunawath
·       Siddhanth Lunawath

Objects of this Issue:

·       Funding Working Capital requirement of the Company.
·       Investment in the Subsidiary, Haique Stones Private Limited (HSPL), for repayment and / or prepayment in part or full of its outstanding borrowings.
·       General Corporate Purpose.

Financial Information of the Company:

Particular	Amount in Lakhs (Rs.)
	As on 31 March 2024	As on 30 March 2023	As on 31 Mar 2022
Total Assets	27,459.35	23,802.24	18,069.74
Total Liabilities	21,835.55	12,791.93	13,126.42
Net Profit	1,031.73	355.72	1,850.53

Esprit Stones Limited IPO Schedule

1.     Bid or Offer Opens on: 26 July 2024
2.     Bid or Offer Closes on: 30 July 2024
3.     Finalization of BoA: 31 July 2024
4.     Initiation of Refunds: 01 August 2024
5.     Credit of shares to Demat account: 01 August 2024
6.     Listing Date: 02 August 2024

Esprit Stones Limited IPO Lot Size

The market lot size of Esprit Stones Limited IPO is 3,200 shares. The minimum and maximum order quantity is as follows:

Company Contact Details:

SP1, Udyog Vihar, Sukher Industrial Area,

Udaipur – 313 004, Rajasthan, India

Phone: +91 91166 52582

Email: legal@espritstones.com

Website: www.espritstones.com

Esprit Stones Limited IPO Registrar Details:

Bigshare Services Private Limited

C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West),

Mumbai 400 083 Maharashtra, India

Telephone: +91 8108114949

Email: espritstones.ipo@linkintime.co.in

Website: www.linkintime.co.in