IPO

Maruti Interior Products Limited IPO

BSE SME

Listed On: Feb 16, 2022 at ₹ 68.50

₹ 110000 /2000 Shares

Check Allotment

IPO Details

03 Feb, 2022

Open Date

08 Feb, 2022

Close Date

14 Feb, 2022

Allotment Date

16 Feb, 2022

Listing Date

Issue Price

₹55 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

68.50

Listing Date

2022-02-16

Market Lot

2000 Shares (₹110,000/-)

Lead Manager

ISK Advisors Pvt Ltd

Issue Size

2,000,000 Eq Shares of ₹10(aggregating up to ₹11.00 Cr)

Retail Portion

N/A

Subscription

73.42 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved950,000950,0001,900,000
Day 1 - 03-02-22 05:30 PM0.42 x2.20 x1.31 x
Day 2 - 04-02-22 05:30 PM0.64 x4.68 x2.66 x
Day 3 - 07-02-22 05:30 PM2.01 x10.91 x6.46 x
Day 4 - 08-02-22 05:30 PM107.03 x39.81 x73.42 x

Valuations

Earnings Per Share (EPS)

₹2.05/-

P/E Ratio

26.88

RoNW

15.26%

Net Asset Value (NAV) - Post Issue

₹30.15/-

Company Financials All values are in ₹ Cr.

30-Sep-2131-Mar-2131-Mar-2031-Mar-19
Assets17.6614.8613.58N/A
Revenue11.4715.2318.18N/A
Profit After Tax1.641.542.28N/A

About The 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.

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- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.51%

Company Promoter(s)

  1. Mr. Paresh P. Lunagaria
  2. Mr. Purushotam R. Lunagaria

IPO - Issue Objectives

  1. To set up fully automatic Nickel/ Chrome Plating Plant and Powder Coating Plant
  2. Working capital requirements
  3. 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. The size of Maruti Interior Products Limited IPO is 2,000,000 Eq Shares of ₹10(aggregating up to ₹11.00 Cr).

Ans. The IPO price band is set between ₹55 per equity share.

Ans. To apply for Maruti Interior Products Limited IPO 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 allotment status for Maruti Interior Products Limited IPO here.