Maruti Interior

Maruti Interior Products Limited IPO Review

Maruti Interior Products Limited manufactures, sells, and exports modular kitchen storage systems, aluminium long wardrobe handles, and profile handles. The firm offers a diverse variety of products to various consumer categories.

The Everyday Kitchen brand focuses on low-cost items, whilst the Spitze by Everyday brand focuses on high-end products. Apart from its own branded items, the firm also makes products for large corporations like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane, Livespace, Spacewood, and others.
MIPL designs all of its goods in-house, and the firm has a marketing and distribution network throughout India. MPIL has an online presence, selling directly to customers through e-commerce platforms like Amazon and Flipkart.

MIPL’s factory in Gujarat covers approximately 1,00,000 square feet. PAN INDIA, the company has over 300 dealers and 25 distributors. It is also distributed in Uganda. The firm is also in the midst of forming a partnership with an Austrian company for an oven wire shelf.

IPO Opening DateFeb 3, 2022
IPO Closing DateFeb 8, 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹55 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtBSE SME
Issue Size2,000,000 Eq Shares of ₹10
(aggregating up to ₹11.00 Cr)
Fresh Issue2,000,000 Eq Shares of ₹10
(aggregating up to ₹11.00 Cr)
ParticularsFor the year/period ended (₹ in Millions)
 30-Sep-2131-Mar-2131-Mar-20
Total Assets176.66148.62135.85
Total Revenue114.75152.34181.87
Profit After Tax16.4915.4522.88

Earnings Per Share (EPS): INR 2.78
Pre-IPO Price/Earnings (PE ratio): 19.78
Post-IPO Price/Earnings (PE ratio): 26.83
Return on Net Worth (RONW): 15.26%
Net Asset Value (NAV): INR18.25 per share

Listing Performance of Maruti Interior Products Limited IPO

Listed On : Feb 16, 2022

Issue Price : INR 55

Listing Day Close : Feb 8, 2022

Listing Day Gain : NA

NSE : NA

ISIN CODE : INE0JSJ01014

BSE : NA

IPO Open DateFeb 3, 2022
IPO Close DateFeb 8, 2022
Basis of Allotment DateFeb 11, 2022
Initiation of RefundsFeb 14, 2022
Credit of Shares to Demat AccountFeb 15, 2022
IPO Listing DateFeb 16, 2022

Maruti Interior Products Limited
Plot No. 13, Survey No. 236,
Jay Krishna Industrial Estate, Veraval,
Taluka Kotda Sangani Veraval, Gujarat
Phone: +91 2827 253895
Email: compliance@everyday-india.com
Website: www.everyday-india.com

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059,
Maharashtra, India
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8299
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Maruti Interior Products Limited IPO FAQ's

The Maruti Interior Products Limited IPO is a BSE SME IPO of ₹55 per equity share with a face value of 10 per equity share.
The issue size is priced at 2,000,000 Eq Shares of ₹10 (aggregating up to ₹11.00 Cr). The fresh issue size priced at 2,000,000 Eq Shares of ₹10 (aggregating up to ₹11.00 Cr).
The initial public offering (IPO) begins on Feb 3, 2022 and ends on Feb 8, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Maruti Interior Products Limited IPO opens on Feb 3, 2022 and closes on Feb 8, 2022. The IPO Issue date may list on Feb 16, 2022.

Maruti Interior Products Limited IPO Market lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

The finalisation of Basis of Allotment for Maruti Interior Products Limited IPO will be done on Feb 11, 2022. and the allotted shares will be credited to your demat account by Feb 15, 2022. Check the Maruti Interior Products Limited IPO status.

The Maruti Interior Products Limited IPO listing date is on Feb 16, 2022.

Maruti Interior Products Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Maruti Interior Products Limited IPO Comments