test logo

Afcom Holdings IPO

aaaaaaaa aaaaaaaaaaaaaaaa aaaaaaaaaaaaaaa aaaaaaa aaaaaaaaaaaaaaa aaaaaaaaaaaaaaaaaa aaaaaaaaaaaaaaaaaaa aaaaaaaaaaaaaaa aaaaaaaaaaaaaaaaaaaaaaaaaaaaa...

  • Status: Closed
  • ₹ 163,200 / 1600 shares

    Minimum Investment

IPO Details

  • Open Date

    02 Aug 2024

  • Close Date

    06 Aug 2024

  • IPO Price Range

    ₹ 102

  • IPO Size

    ₹ 73.83 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    02 Aug 2024

With just a few clicks, Invest in IPO's!

+91

By proceeding, you agree to all T&C*

Esprit Stones Limited was founded in 2016 and specializes in engineered quartz and marble surfaces. 

By March 2024, their Manufacturing Facility I will have three pressing lines and two polishing lines, with a total yearly production capacity of roughly 7.2 million square feet. Manufacturing Facility II was also commissioned to create quartz grit and quartz powder, which are required raw materials for engineered quartz manufacturing. The company's third production unit manufactures unsaturated polyester resin.

Esprit Stones Limited is certified for ISO 14001:2015, ISO 45001:2018, ISO 9001:2015, NSF, and Green Guard.

For more information

Web-stories on Esprit Stones IPO

Strengths

1. Esprit Stones Limited manufactures both engineered quartz and marble surfaces, catering to a broad market segment.
2. The company’s Manufacturing Facility I, equipped with three pressing lines and two polishing lines.
3. Manufacturing Facility II for quartz grit and powder production, showcases advanced capabilities.
4. By producing quartz grit and quartz powder in-house, Esprit Stones ensures a steady supply of high-quality raw materials for its engineered quartz surfaces.
5. The company holds multiple certifications, including ISO 14001:2015, ISO 45001:2018, ISO 9001:2015, NSF, and Green Guard.
 

Risks

1. The engineered quartz and marble surfaces market is highly competitive.
2. Demand for construction materials like quartz and marble surfaces is closely tied to the real estate and construction sectors.
3. Although vertically integrated, Esprit Stones are still susceptible to disruptions in the supply chain.
4. Adhering to environmental, safety, and quality regulations can be costly and complex. 
 

Will You Apply for Afcom Holdings IPO?

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
 

FAQs

Esprit Stones IPO opens from 26th July to 30th July 2024.