Last Updated on February 21, 2026 by Rajat Bhati
Durlax Top Surface Rights Issue dates 23 February – 5 March 2026.
Durlax Top Surface is a prominent manufacturer and supplier of high-quality Solid Surface materials, specializing in the production of acrylic and polyester-based sheets. The company caters to a vast clientele ranging from residential and commercial developers to interior designers and institutional contractors. Its product portfolio is primarily marketed under two flagship brands: “LUXOR” (Premium Solid Surface) and “ASPIRON” (Designer/Value-driven Solid Surface).
The company’s versatile product range serves a wide array of end-use sectors, including luxury residential interiors (kitchen countertops and vanities), hospitality (hotels and restaurants), healthcare (hospitals and labs), corporate offices, and retail showrooms. Beyond standard sheets, Durlax provides customized solutions, including wall cladding, furniture components, and decorative artifacts, positioning itself as a comprehensive surface-solution provider in the building materials industry.
Durlax Top Surface made its debut on the NSE Emerge platform in June 2024. The IPO received an overwhelming response, and subscribed 163.1x on the final day. The IPO listed with an impressive gains of 52.28% from the allotment price of 68 per share.
Promoters of Durlax Top Surface – Shravan Suthar, and Lalit Suthar
Table of Contents
Durlax Top Surface Rights Issue Details
| Durlax Top Surface Rights Issue Date | 23 February – 5 March 2026 |
| Durlax Top Surface Rights Issue Price | INR 40 per share |
| Issue Size (in Shares) | 1,23,04,497 share |
| Issue Size (in INR) | INR 49.22 crore |
| Issue Entitlement | 37 equity shares for every 50 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Durlax Top Surface Rights Issue Record Date | 12 February 2026 |
| Face Value | INR 10 per share |
| Listing On | NSE Emerge |
Durlax Top Surface Rights Issue Calculation
| Durlax Top Surface Rights Issue Price | INR 40 per share |
| Market Price on Rights Issue Approval | INR 40.45 per share |
| Dilution Factor (X) | 1.74 |
| Fair Value After Dilution at Prevailing Price | INR 40.26 per share |
Durlax Top Surface Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 67 | 91 | 123 |
| Expenses | 59 | 80 | 109 |
| Operating Margin (%) | 12 | 12 | 11 |
| Net Income | 3 | 4 | 8 |
| ROCE (%) | 12 | 13 | 15 |
Durlax Top Surface Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Capital expenditure for new machinery and civil and mechanical works – INR 13.0 crore
- Working capital requirement – INR 12.00 crore
- To launch new product – INR 9.50 crore
- General corporate purposes – INR 11.22 crore
Durlax Top Surface Rights Offer Documents
- Durlax Top Surface Rights Issue Application Form
- Durlax Top Surface Letter of Offer
- Board Meeting Outcome
- Durlax Top Surface Draft Letter of Offer
- Rights Issue in 2025
Durlax Top Surface Rights Issue Dates
| Rights Issue Approval Date | 17 December 2025 |
| Rights Issue Record Date | 12 February 2026 |
| Credit of Rights Entitlement | 16 February 2026 |
| Rights Issue Opening Date | 23 February 2026 |
| Last Date for Market Renunciation | 4 March 2026 |
| Rights Issue Closing Date | 5 March 2026 |
| Finalization of Basis of Allotment | 6 March 2026 |
| Rights Allotment Date | 6 March 2026 |
| Credit Date | 9 March 2026 |
| Listing Date | 10 March 2026 |
Durlax Top Surface Rights Offer Registrar
INTEGRATED REGISTRY MANAGEMENT SERVICES PRIVATE LIMITED
No. 30, Ramana Residency, 4th Cross Sampige Road,
Malleswaram, Bengaluru – 560003, India
Phone: +91-80-23460815/816/817/818
Email: [email protected]
Website: www.integratedindia.in
Durlax Top Surface Contact Details
DURLAX TOP SURFACE LIMITED
Unit No 1601, 16th Floor, Synergy Business Park,
Behind Virwani Industrial Estate Sahakarwadi,
Goregaon East, Mumbai – 400063, Maharashtra, India
Tel: +91-75067-99831
Email: [email protected]
Website: www.durlax.com
Durlax Top Surface Rights Offer FAQs
What is the Durlax Top Surface Rights Issue Price?
The issue price is INR 40 per share.
What is the Durlax Top Surface Rights Issue entitlement ratio?
The eligible shareholders are offered 37 Equity Shares for every 50 Equity Shares held on the record date.
What is the Durlax Top Surface Rights Issue Record Date?
The Record date is 12 February 2026
How to Apply in Durlax Top Surface Rights Offer?
The best way to apply in Durlax Top Surface Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.