Issue Price
₹55
Per Share
GMP
NIL
Grey Market
Est. Listing
₹55
Expected Price
Min. Application
₹220,000
2 lots × 2000 shares
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.Competitive Strengths:High quality and varied manufacturing capabilityExperienced & skilled marketing teamOnline marketing and sales of productsPrestigious awards and recognitionAmbitious expansion plansExperienced promoters and a well-trained employee base
Maruti Interior Products Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 100,000 | — | ₹0.55 Cr | — |
| TOTAL | 2,000,000 | 100.00% | ₹11.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹110,000 |
| Retail (Max) | 13 | 26,000 | ₹1,430,000 |
| sNII (Min) | 14 | 28,000 | ₹1,540,000 |
| bNII (Min) | 68 | 136,000 | ₹7,480,000 |
| Particulars | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 11.48 | 15.23 | 18.19 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1.65 | 1.55 | 2.29 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 17.67 | 14.86 | 13.59 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |