Maruti Interior Products Limited IPO
BSE SMEListed On: Feb 16, 2022 at ₹ 68.50
₹ 220000 /4000 Shares
*Min Investment
03 Feb, 2022
Open Date08 Feb, 2022
Close Date14 Feb, 2022
Allotment Date16 Feb, 2022
Listing DateIPO Issue Details
- Issue Price ₹55 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,000,000 Eq Shares of ₹10(aggregating up to ₹11.00 Cr)
- Listing at BSE SME
- List Price 68.50
- Listing Date 2022-02-16
- Lead Manager ISK Advisors Pvt Ltd
- Registrar Bigshare Services Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Maruti Interior Products Limited IPO is an SME IPO, priced at ₹55 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 Feb 3, 2022 to Feb 8, 2022. The allotment is expected to be finalized on Feb 14, 2022, and the tentative listing date is Feb 16, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 950,000 | 950,000 | 1,900,000 |
Day 1 03-02-22 05:30 PM | 0.42 x | 2.20 x | 1.31 x |
Day 2 04-02-22 05:30 PM | 0.64 x | 4.68 x | 2.66 x |
Day 3 07-02-22 05:30 PM | 2.01 x | 10.91 x | 6.46 x |
Day 4 08-02-22 05:30 PM | 107.03 x | 39.81 x | 73.42 x |
Valuations
Company Financials
| 30-Sep-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 17.66 | 14.86 | 13.58 | N/A |
| Revenue | 11.47 | 15.23 | 18.18 | N/A |
| Profit After Tax | 1.64 | 1.54 | 2.28 | N/A |
About Company
Maruti Interior Products Limited is engaged in manufacturing and domestic sale & export of modular kitchen storage system, aluminium long wardrobe handle & profile handle. The company has a wide range of product offerings for different customer segments. The brand Everyday Kitchen is focused on the economic range of products, while the other brand Spitze by Everyday offers premium products. Apart from the company's own branded products, it also manufactures products for big companies like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane, Livespace, Spacewood, etc.
All products manufactured by MIPL are designed in-house and the company has marketing and distribution network across India. MPIL has an online presence selling direct to customers via online, e-commerce platforms like Amazon and Flipkart. With an eye on the direct customers, the company has also developed Do it yourself (DIY) products.
MIPL's factory is spread across approx. 1,00,000 sq. ft in Gujarat. The company has 300+ dealers and 25+ distributors PAN India. It also has distributors in Uganda. The company is also in process of tying up for oven wire shelf with one company in Austria.
- Promoter(s)
Mr. Paresh P. Lunagaria
Mr. Purushotam R. Lunagaria
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.51%
IPO - Issue Objectives
To set up fully automatic Nickel/ Chrome Plating Plant and Powder Coating Plant
Working capital requirements
General corporate purpose
IPO - FAQs
Ans. Maruti Interior Products Limited IPO is a SME IPO. The issue is priced at ₹55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Feb 3, 2022, and closes on Feb 8, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Maruti Interior Products Limited IPO opens on Feb 3, 2022 and closes on Feb 8, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Maruti Interior Products Limited IPO is 2,000,000 Eq Shares of ₹10(aggregating up to ₹11.00 Cr).
Ans. The Maruti Interior Products Limited IPO price band is set between ₹55 per equity share.
Ans. To apply for Maruti Interior Products Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Maruti Interior Products 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 Maruti Interior Products Limited IPO is Feb 14, 2022.
Ans. The Maruti Interior Products Limited IPO will be listed on Feb 16, 2022.
Ans. Follow the steps to check the Maruti Interior Products Limited IPO allotment status online.
