Marvel Decor Limited IPO

Add to Calendar 2018-03-12 12:00 AM 2018-03-15 12:00 AM Asia/Kolkata Marvel Decor Limited IPO Marvel Decor Limited India

 

Marvel Decor Ltd was formerly known as Accumax Interior Products Pvt. Ltd, is a leading company for window covering products. Marvel is only company having 14 types of blinds with more than 2000 shades under one roof. It has two factories in Jamnagar, Gujarat and a Sales office at Mumbai; Marvel is the First Indian Company to get ISO 9001-2000 certificates in window covering Industry. Company has marked its presence nationwide having 338 galleries, in 224 cities of 24 states

Date of establishment:  Marvel Decor Limited was incorporated in 1996

 

Product & Service Offering: Marvel Decor Limited is offers roller, roman, vertical, bamboo, wooden venetian, luzon, grayson, eton, patricia, aric, colby, meliso, dorren, sierra blinds, curtain rods, and automation products and tracks.

Promoters of Marvel Decor Limited: The Promoters of the Company are:

 

 

1. Mr. Ashok Ramniklal Paun
2. Mr. Dipak Ramniklal Paun

 

Customer segment: It caters to retail consumer and corporates both in domestic as well as foreign market.

 

 

Objects of the Issue:The objects of the Offer is to:-
-     Repayment of Long-Term Unsecured Loans of Promoters/Directors
-     To meet the working capital requirements of the Company
-     To Finance General corporate expense
-     Issue Expenses

Company Financials:

 

Particulars

For the year/period ended (in Rs. Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

3,906.55

3,387.67

3,258.93

3,020.63

2,360.78

 

Total Revenue

3,015.52

2,879.69

2,241.06

2,773.72

2,363.60

 

Profit After Tax

129.66

83.61

128.50

151.34

170.34

 

 

 

Issue Detail

  • Issue Open: Mar 12, 2018
  • Issue Close: Mar 15, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 57 Per Equity Share
  • Bid Lot:2000 Shares
  • Minimum Order Quantity:2000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 26.26 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 2,190,000 2,190,000 0 236,000 4,616,000
Day 1 - Mar 12, 2018IST 0 678,000 44,000 - - 724,000
Day 2 - Mar 13, 2018IST 0 1,088,000 120,000 4,000 - 1,212,000
Day 3 - Mar 14, 2018IST 0 1,804,000 262,000 28,000 - 2,094,000
Day 4 - Mar 15, 2018IST 472,000 4,442,000 1,760,000 - - 6,744,000

Listing Day Trading Information

- BSE NSE
Issue Price - -
Open - -
Low - -
High - -
Last Trade - -
Volume - -

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