Manoj Ceramic Limited IPO
BSE SMEListed On: Jan 3, 2024 at ₹ 82.0
₹ 248000 /4000 Shares
*Min Investment
27 Dec, 2023
Open Date29 Dec, 2023
Close Date01 Jan, 2024
Allotment Date03 Jan, 2024
Listing DateManoj Ceramic Limited IPO Issue Details
- Issue Price ₹62 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,334,000 shares(aggregating up to ₹14.47 Cr)
- Listing at BSE SME
- List Price 82.0
- Listing Date 2024-01-03
- Lead Manager Swaraj shares and securities private limited
- Registrar Purva Sharegistry India Pvt Ltd
Manoj Ceramic Limited IPO Details
- Retail Portion 50%
Manoj Ceramic Limited IPO Details
Manoj Ceramic Limited IPO is an SME IPO, priced at ₹62 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Dec 27, 2023 to Dec 29, 2023. The allotment is expected to be finalized on Jan 1, 2024, and the tentative listing date is Jan 3, 2024.
The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and
Manoj Ceramic Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,108,000 | 1,108,000 | 2,216,000 |
Day 1 27-12-23 06:00 PM | 0.697 x | 0.79 x | 0.74 x |
Day 2 28-12-23 06:00 PM | 1.76 x | 3.32 x | 2.54 x |
Day 3 29-12-23 06:00 PM | 7.38 x | 10.73 x | 9.05 x |
Manoj Ceramic Limited Valuations
Manoj Ceramic Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 7,787.64 | 5,866.52 | 6,074.55 |
| Revenue | 7,493.48 | 4,499.62 | 3,730.84 |
| Profit After Tax | 362.43 | 94.50 | 8.24 |
About Manoj Ceramic Limited Company
Manoj Ceramic Limited trades in ceramic tiles and tile adhesives under the brand name MCPL.
The company's product portfolio includes ceramic tiles and tile adhesives.
Ceramic tiles: Providing tiles in various shapes, colors, and sizes through its dealer network, retail showrooms, export, and B2B sales to various end users such as architects, builders, and contractors. The company has the tiles manufactured by a third-party manufacturer and does not produce them itself.
The company has a network of dealers in the western and southern regions of India, mainly in Maharashtra, Goa, Tamil Nadu, and Karnataka.
The company's retail showrooms are located in Mumbai at Ghatkopar and Andheri and in Bangalore at Raja Rajeshwari Nagar.
Tile adhesives: Supplies tile adhesives to the end user through its distribution network in Maharashtra. The company orders the material from a third-party manufacturer and does not produce it itself.
In addition to the distribution network, the company also sells the product via its B2B network, i.e. to architects, builders and contractors, whom it supplies directly.
As of December 2023, the company has also incorporated its subsidiary in London, UK, under the name MCPL Ceramic Limited.
Manoj Ceramic Limited - Promoter(s)
Mr. Manoj Dharamshi Rakhasiya, Mrs. Anjana Manoj Rakhasiya, Mr. Dhruv Manoj Rakhasiya, Mr.Akash Manoj Rakhasiya, Mrs. Manasvi Dhruv Rakhasiya, and Manoj D Rakhasiya HUF (acting through its Karta Mr. Manoj Dharamshi Rakhasiya)
Pre Issue Share Holding : 99.55%
Post Issue Share Holding : 71.67%
Manoj Ceramic Limited IPO - Issue Objectives
To meet the working capital expenses
General Corporate Purpose
Manoj Ceramic Limited IPO - FAQs
Ans. Manoj Ceramic Limited IPO is a SME IPO. The issue is priced at ₹62 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Dec 27, 2023, and closes on Dec 29, 2023. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Manoj Ceramic Limited IPO opens on Dec 27, 2023 and closes on Dec 29, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Manoj Ceramic Limited IPO is 2,334,000 shares(aggregating up to ₹14.47 Cr).
Ans. The Manoj Ceramic Limited IPO price band is set between ₹62 per equity share.
Ans. To apply for Manoj Ceramic Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Manoj Ceramic Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Manoj Ceramic Limited IPO is Jan 1, 2024.
Ans. The Manoj Ceramic Limited IPO will be listed on Jan 3, 2024.
Ans. Follow the steps to check the Manoj Ceramic Limited IPO allotment status online.
