Esprit Stones Ltd, initially established as a private entity in October 2016, transitioned to a public limited company by February 2024. Specializing in the production of engineered stones, the company focuses on two main products: engineered quartz and marble surfaces, offering a luxurious alternative to natural stones like marble and granite. Esprit Stones commenced operations with its first manufacturing facility in 2017 and has since expanded its production capacity significantly, including the launch of its luxury brand, Haique, in 2019.
The company has strategically enhanced its manufacturing capabilities, with multiple facilities dedicated to producing quartz surfaces and related materials. This expansion includes the formation of a wholly-owned subsidiary, Haique Stones Private Limited, and a foreign subsidiary, Haique Inc., in 2021. As part of its growth strategy, Esprit Stones is planning an Initial Offer of up to 57,79,200 fresh equity shares, indicating its ambitions for further expansion and increased market presence.
