Marvel Decor Limited IPO (Marvel Decor IPO) Detail

Mar 12, 2018 - Mar 15, 2018

Incorporated in 1996, Marvel Decor Limited designs, manufactures, and sells a range of window covering products under the Marvel brand name in India and internationally. They offers roller, roman, vertical, bamboo, wooden venetian, luzon, grayson, eton, patricia, aric, colby, meliso, dorren, and sierra blinds; and curtain rods, and automation products and tracks.

They are producing about 810 components of different type, size and colors as per customer requirement. They make 14 types of blinds and more than 900+ shades. One of their manufacturing unit is in Dared, Jamnagar, Gujarat where they manufacture readymade venetian blinds specially for Reliance Refineries and Roller blinds, Bamboo, Vertical and Wooden Venetian blinds supplying to the furnishing stores. In their second manufacturing unit they manufacture Roller, Roman, Luzon and Vertical blinds.

Marvel has marked its presence nationwide having 338 galleries, in 224 cities of 24 states.

Company Promoters:

The Promoters of the Company are:

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

Company Financials:

Summary of financial Information (Restated Standalone)
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

Objects of the Issue:

The object of the issue are to:

1. To meet the working capital requirements of the Company;
2. Repayment of Long-Term Unsecured Loans of Promoters/Directors;
3. General Corporate Purposes;
4. Issue Expenses.

Marvel Decor IPO Details

IPO DateMar 12, 2018 - Mar 15, 2018
Issue TypeFixed Price Issue IPO
Issue Size4,616,000 Eq Shares of ₹10
(aggregating up to ₹26.26 Cr)
Face Value₹10 Per Equity Share
IPO Price₹57 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME

Marvel Decor IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)

Employee Discount

Rs 5 per Equity Share for Employees

Marvel Decor IPO Subscription Status (Bidding Detail)

Marvel Decor IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time




Shares Offered




Mar 15, 2018 17:00




Marvel Decor IPO Prospectus

Marvel Decor IPO Rating

Rating:Rated 3.9 stars

Vote Here ...

Marvel Decor IPO Listing Date

Listing DateFriday, March 23, 2018
BSE Script Code
Listing In
IPO Price₹57 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price:₹57.00
Last Trade:₹57.85

Marvel Decor IPO Reviews / Ratings

Company Contact Information

Marvel Decor Limited
Plot No 211,
GIDC Phase II,
Dared Jamnagar-361004

Phone: +91 288 2730601/602

Marvel Decor IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200

Marvel Decor IPO FAQs

  1. 1. What is Marvel Decor IPO?

    Marvel Decor IPO is a SME IPO of 4,616,000 equity shares of the face value of ₹10 aggregating up to ₹26.26 Crores.

    The issue price of the IPO is ₹57 Per Equity Share. The minimum order quantity is 2000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Mar 12, 2018 and closes on Mar 15, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Marvel Decor IPO will open?

    The Marvel Decor IPO opens on Mar 12, 2018 and closes on Mar 15, 2018.

  3. 3. How to apply for Marvel Decor IPO?

    Marvel Decor IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Marvel Decor IPO allotment?

    The finalization of Basis of Allotment for Marvel Decor IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Marvel Decor IPO allotment status.

  5. 5. When is Marvel Decor IPO listing date?

    The Marvel Decor IPO listing date is on Friday, March 23, 2018, at NSE SME.
  6. 6. What is the lot size of Marvel Decor IPO?

    Marvel Decor IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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Marvel Decor IPO Review / Comments

11. SAJAL SHETH  Mar 23, 2018 09:44
OPEN @57.75
issue price was 57

It was Firm allotment to RI
Dipesh Zala
10. Dipesh Zala  Mar 22, 2018 09:41
When is the Listing?
9. SAJAL SHETH  Mar 21, 2018 12:00
Wealth & Fund Advisors
8. Wealth & Fund Advisors  Mar 12, 2018 13:07
This company is a futuristic value added scrip....must apply and keep for minimim 3 years for multiple times gains.

Promoters n issue managers are smart, so they have mentioned issue purpose as bad as they can (like repayment of unsecured loans), so public will not apply...

Pls dont be misguided by these tricks...and apply in retail category, maximum applications.

These companies are trade on turnover basis, not on the basis of past profits or PE....
8.2. AnkurGoel  Mar 14, 2018 15:36
IPO Guru IPO Guru (1000+ Posts, 1100+ Likes)
when promoters and issue manager are not interested in public participation then why they are coming with IPO. They should raise money from private equity instead of spending money on hiring investment banker, registrar, and advertising on book building?
8.3. Mastmoula  Mar 15, 2018 08:34
Agar itna hi badhiya hai to issue date kyon extend karna pada. Bhar dete LM apne jeb se issue.
7. DownriteVJ  Mar 13, 2018 16:56
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
6. PearlRohit  Mar 12, 2018 09:38
Ye Company ne Accumax Interior Products Pvt. Ltd. Nam se Business Start Kiya Tha. Marvel es ki Brand ka Name Hai. Very Good Company. Company Uske Customer se Advance me hi Payment Deposit Karvati Hai. Ye Mera Personal Experience Hai. Company ki Payment Condition Strict Hai. Bahot hi Good Company & Management hai. My Personal Experience.
6.1. SONMAYA  Mar 12, 2018 18:55
Top Contributor Top Contributor (300+ Posts)
Toh aap hi pura bhar k pura maal le lijiye...
5. Rkg  Mar 12, 2018 15:00
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Risky IPO.
4. DownriteVJ  Mar 12, 2018 14:39
IPO Guru IPO Guru (1200+ Posts, 1100+ Likes)
Marvel Decor
RII 0.01X
Overall 0.15X

Macpower CNC
RII 0.65X
Overall 0.59X

Lex Nimble
RII 0.01X
Overall 0.03X

Active Clothing
RII 0.03X
Overall 0.13X
3. Vaibhav  Mar 12, 2018 11:06
Too much Expensive !!!
Issued at 54 PE
khushbir singh
2. khushbir singh  Mar 11, 2018 18:30
Saara maal employees ko hi de doooooooo.
1. Anarchist  Mar 9, 2018 16:12
IPO Mentor IPO Mentor (500+ Posts, 1400+ Likes)
haha !!

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