March 13, 2023 - March 15, 2023

Global Surfaces IPO Review & Recommendations

Jainam Broking limited has given "Apply" recommendation to Global Surfaces IPO. Dilip Davda has given "May Apply" recommendation to Global Surfaces IPO. Capital Market has "Neutral" view about the IPO. Axis Capital has "Not Rated" the IPO.

Global Surfaces IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	1	1	0	1
%	25.00	25.00	25.00	0.00	25.00

Global Surfaces IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Capital Market	Neutral
Dilip Davda	May Apply
Jainam Broking limited	Apply

Global Surfaces IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Global Surfaces IPO is 40. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	40	Avoid, however active risk seekers can try

Global Surfaces IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in the business of processing natural stones and manufacturing engineered quartz. It has shown declining trends in its RoE and RoCE. Based on FY23 annualized earnings, the issue is aggressively priced. It is also in the highly competitive segment. The initial listing will be in the “T” group and there may not be any speculative move on debut. Hence well-informed/cash-surplus investors may consider an investment with a long-term perspective. Read detail review...

Global Surfaces IPO Review by Members

Global Surfaces IPO Reviews, analysis and views by popular members. Read Global Surfaces Limited IPO reviews by retail investors to find recommended ipo to buy.

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Global Surfaces IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	3	0	2	3
%	37.50	0.00	25.00	37.50

Member	Review
Vimal Kothari	Avoid High Value. Cost of Equity to saller Promotor is just Rs. 2.46 and Rs. 0.60 Only March 10, 2023 6:18:21 PM
UMESH Goyal	Apply for Listing Gain at Cut-off Price GREY MARKET SEEMS TO BE OK AND DIVGI TORQ NOT A DISCOUNT LISTING SEMMS TO BE GOOD March 15, 2023 1:27:13 PM
Smile✍️ IPO Guru (1800+ Posts, 1100+ Likes)	Apply for Listing Gain at Upper Price Band Business may suffer from environmental restrictions so I will apply for listing gain which I think is definitely there March 6, 2023 12:22:11 PM
IPO LEADER IPO Mentor (800+ Posts, 400+ Likes)	Avoid Avoid March 1, 2023 12:26:32 PM
IPO D I P	Apply for Long Term at Cut-off Price Bright future and after CAPEX company may get better chance of exploring other countries as business opportunities. Unistone capital is like mini hem... If you see past performance most of the ipos have given good returns. Let's see the subscription. March 5, 2023 11:11:14 AM
Crow IPO Mentor (900+ Posts, 1100+ Likes)	Neutral Nothing fancy here and I'm not a fan of natural materials and its related businesses. With 35% retail quota and a very volatile market, I suggest being cautious. Aggressive risk-takers in retail can apply only if QIB crosses 30x. March 15, 2023 11:33:45 AM
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Neutral Issue size Chhota hai Risk lene wale hi Apply karein. Abh Secondary Market mein Acchhi Quality ke stocks "Kodiyon" Ke rate mein mil rahe hain. 1 March 10, 2023 5:08:21 PM
ARYAN SHARMA	Avoid not good March 6, 2023 11:07:09 AM

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2 Comments

2. Lalit Narayan Roy Link|March 10, 2023 8:08:45 PM

Good company we can trust in it. May we get better returns

1. ARYAN SHARMA Link|March 6, 2023 11:05:23 AM

avoid
total loss