Ipo Synopsis

301 Jaisingh Commonspace Dayal,Das.Rd FP362 WE H.W Vile Parle,

Mumbai - 400057,

Maharashtra, India.

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Initial public offer of 60,00,000** equity shares of face value of (Rs) 10/- each ("Equity Shares") of Durlax Top Surface Limited ("Company") for cash at a price of (Rs) 68/- per equity share (including a share premium of (Rs) 58/- per equity share) ("Offer Price") aggregating to (Rs) 40.80.** crores comprising a fresh issue of 42,00,000** equity shares aggregating to (Rs) 28.56** crores by the company ("Fresh Issue") and an offer for sale of 18,00,000** equity shares aggregating to (Rs) 12.24** crores by the promoter selling shareholder, (the "Offered Shares") (the "Offer for Sale" and together with the fresh issue, the "Offer") of which 3,00,000** equity shares aggregating to (Rs) 2.04** crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer, less market maker reservation, i.e. net offer 57,00,000** equity shares of face value of (Rs) 10/- each at price of (Rs) 68/- per equity share aggregating to (Rs) 38.76** crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 36.08% and 34.28% respectively of the fully-diluted post-offer paid-up equity share capital of the company. The face value of equity shares is (Rs) 10/- each. The offer price is 6.8 times the face value of the equity shares. **Subject to finalization of the basis of allotment.

Minimum Application for shares in Nos : 2000   Further Multiples of : 2000