Maruti Interior IPO Price, Review, GMP, Allotment, Dates

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Maruti Interior IPO

Maruti Interior Products Limited IPO Detiails Prices, and Dates

Maruti Interior IPO Details

IPO Opening Date Feb 3, 2022
IPO Closing Date Feb 8, 2022
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹55 per equity share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At BSE SME
Issue Size 2,000,000 Eq Shares of ₹10
(aggregating up to ₹11.00 Cr)
Fresh Issue 2,000,000 Eq Shares of ₹10
(aggregating up to ₹11.00 Cr)

Maruti Interior IPO Timetable

The Maruti Interior IPO open date is Feb 3, 2022, and the close date is Feb 8, 2022. The issue may list on Feb 16, 2022.

IPO Open Date Feb 3, 2022
IPO Close Date Feb 8, 2022
Basis of Allotment Date Feb 11, 2022
Initiation of Refunds Feb 14, 2022
Credit of Shares to Demat Account Feb 15, 2022
IPO Listing Date Feb 16, 2022

 

Maruti Interior IPO Lot Size

The Maruti Interior IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹110,000
Maximum 1 2000 ₹110,000

 

Maruti Interior IPO Lot Size

The Maruti Interior IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 2000 ₹110,000
Maximum 1 2000 ₹110,000

 

Maruti Interior IPO Share Price

Maruti Interior IPO is a SME IPO of 2,000,000 equity shares of the face value of ₹10 aggregating up to ₹11.00 Crores. The issue is priced at ₹55 per equity share. The minimum order quantity is 2000 Shares.

Maruti Interior IPO Promoter Holding

Mr. Paresh P. Lunagaria and Mr. Purushotam R. Lunagaria are the company promoters.

Pre Issue Share Holding 100.00%
Post Issue Share Holding 73.51%

 

Maruti Interior Board of Directors

Name Designation
Deepali Malpani Co. Secretary & Compl. Officer
Nipun Mahendrabhai Doshi Ind. Non-Executive Director
Nirbhay P Lunagaria Director
Nirmal P Lunagaria Director & CFO
Paresh P Lunagaria Managing Director
Parul Paresh Lunagaria Additional Director
Purshotam R Lunagaria Director
Shashikant Devjibhai Patel Ind. Non-Executive Director
Sudhir Rameshbhai Kolte Ind. Non-Executive Director

 

Maruti Interior Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Sep-21 31-Mar-21 31-Mar-20
Total Assets 176.66 148.62 135.85
Total Revenue 114.75 152.34 181.87
Profit After Tax 16.49 15.45 22.88

 

About Maruti Interior

Maruti Interior Products Limited is occupied with manufacturing and domestic sale and export of modular kitchen storage systems, aluminum long wardrobe handle and profile handle. The company has a wide range of item offerings for various customer segments. The brand Everyday Kitchen is centered around the monetary range of products, while the other brand Spitze by every day offers premium products. Aside from the company’s own branded products, it likewise manufactures products for enormous companies like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane, Livespace, Spacewood, and so on

All products manufactured by MIPL are planned in-house and the company has a marketing and distribution network across India. MPIL has an online presence selling direct to customers by means of online, web-based business platforms like Amazon and Flipkart. With an eye on the direct customers, the company has likewise evolved 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 additionally has distributors in Uganda. The company is additionally in course of tying up for stove wire rack with one company in Austria.

Company Contact Information: 

Maruti Interior Products Limited
Plot No. 13, Jay Krishna Industrial Estate,
Veraval, Taluka Kotda Sangani Veraval,
Gujarat – 360024
Phone: +91-2827 253895
Email: compliance@everyday-india.com
Websitehttps://spitzebyeveryday.com/

Maruti Interior IPO Gray Market Price (GMP) 

Not available

Maruti Interior IPO Review

Soon we will update the review

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