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Esprit Stones Limited IPO

Esprit Stones Limited was a SME IPO in the Granites & Marbles sector, offered at ₹82–₹87 per share to raise ₹50 crore. It listed on 2 Aug 2024 at ₹93 and closed its first day at ₹98, a listing gain of +12.4% versus the ₹87 issue price. It now trades around ₹64 (-27.0% versus the issue price).

Frequently asked questions

What were the Esprit Stones Limited IPO listing gains?
Esprit Stones Limited listed on 2 Aug 2024 at ₹93, closing its first day at ₹98 — a listing gain of +12.4% versus the ₹87 issue price.
What was the price band and lot size of the Esprit Stones Limited IPO?
The price band was ₹82–₹87 per share, with a minimum lot of 1,600 shares (₹1,39,200 at the upper band).
Who were the registrar and lead manager for the Esprit Stones Limited IPO?
Link Intime India Private Limited was the registrar, and Choice Capital Advisors was the book-running lead manager.