IPO

Manoj Ceramic Limited IPO

BSE SME

Listed On: Jan 3, 2024 at ₹ 82.0

₹ 124000 /2000 Shares

Check Allotment

Manoj Ceramic Limited IPO Details

27 Dec, 2023

Open Date

29 Dec, 2023

Close Date

01 Jan, 2024

Allotment Date

03 Jan, 2024

Listing Date

Issue Price

₹62 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Purva Sharegistry India Pvt Ltd

List Price

82.0

Listing Date

2024-01-03

Market Lot

2000 Shares (₹124,000/-)

Lead Manager

Swaraj shares and securities private limited

Issue Size

2,334,000 shares(aggregating up to ₹14.47 Cr)

Retail Portion

50%

Subscription

9.05 times

IPO Docs

DRHP RHP

Manoj Ceramic Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,108,0001,108,0002,216,000
Day 1 - 27-12-23 06:00 PM0.697 x0.79 x0.74 x
Day 2 - 28-12-23 06:00 PM1.76 x3.32 x2.54 x
Day 3 - 29-12-23 06:00 PM7.38 x10.73 x9.05 x

Manoj Ceramic Limited Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Manoj Ceramic Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets7,787.645,866.526,074.55
Revenue7,493.484,499.623,730.84
Profit After Tax362.4394.508.24

About The 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.

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Manoj Ceramic Limited - Promoter(s)

Pre Issue Share Holding: 99.55%

Post Issue Share Holding: 71.67%

Company Promoter(s)

  1. 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)

Manoj Ceramic Limited IPO - Issue Objectives

  1. To meet the working capital expenses
  2. 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. The size of Manoj Ceramic Limited IPO is 2,334,000 shares(aggregating up to ₹14.47 Cr).

Ans. The IPO price band is set between ₹62 per equity share.

Ans. To apply for Manoj Ceramic Limited IPO 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 allotment status for Manoj Ceramic Limited IPO here.