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:



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








Total Assets







Total Revenue







Profit After Tax









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

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

Marvel Decor Limited Red Herring Prospectus

Marvel Decor Limited User Rating


Marvel Decor Limited Life IPO Reviews

Marvel Decor Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker


Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us