Durlax Top Surface planning to raise up to Rs 40.80 crore from public issue; IPO opens June 19

Ahmedabad (Gujarat) [India], June 18: Durlax Top Surface Ltd, leading company involved in the business of Solid Surface for over a decade is planning to raise up to Rs 40.80 crore from its SME public issue. The company has received approval to launch its public issue on NSE Emerge Platform of National Stock Exchange. The public issue open for subscription on June 19 and closes on June 21. The Proceeds of the public issue will be utilised to fund company's expansion plans including meeting working capital requirements and general corporate purposes. Expert Global Consultants Private Ltd is the book running lead manager of the issue.