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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 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

Marvel Decor IPO Date Mar 12, 2018 to Mar 15, 2018
Marvel Decor IPO Face Value ₹10 per share
Marvel Decor IPO Price ₹57 per share
Marvel Decor IPO Lot Size 2000 Shares
Issue Size4,616,000 shares of ₹10
(aggregating up to ₹26.26 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The Promoters of the Company are:

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

Marvel Decor IPO Lot Size

The Marvel Decor IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹114,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹114,000
Retail (Max) 1 2000 ₹114,000

Employee Discount

Rs 5 per Equity Share for Employees

Marvel Decor IPO Review

  Company has made five bonus issues and coffers are empty. Pricing appears aggressive. Equity more than trebled post FY17. Considering all these, investors may consider investment at their own risk.

Read detail review...


Marvel Decor IPO Subscription Status (Bidding Detail)

The Marvel Decor IPO is subscribed 1.54 times on Mar 15, 2018 5:00:00 PM. The public issue subscribed 0.80 times in the retail category, times in the QIB category, and 2.03 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII2.03
Retail0.80
Total1.54

Marvel Decor IPO Prospectus

Marvel Decor IPO Rating

43
3.9
Rating:Rated 3.9 stars
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Marvel Decor IPO Listing Date

Listing Date Friday, March 23, 2018
BSE Script Code
NSE Symbol MDL
Listing In
ISIN INE575Z01010
IPO Price ₹57 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹57.00
Open: ₹57.75
Low: ₹51.00
High: ₹59.00
Last Trade: ₹57.85

Company Contact Information

Marvel Decor Limited
Plot No 211,
GIDC Phase II,
Dared Jamnagar-361004
Phone: +91 288 2730601/602
Email: info@marvellifestyle.com
Website: http://www.marvellifestyle.com

Marvel Decor IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Marvel Decor IPO Review

Marvel Decor IPO Recommendation Summary

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Members 0 0 0

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Marvel Decor IPO FAQs

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 is priced at ₹57 per share. The minimum order quantity is 2000 Shares.

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.

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

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

You can apply in Marvel Decor IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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.

The Marvel Decor IPO listing date is on Friday, March 23, 2018.
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Marvel Decor IPO Message Board

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15 Comments

11. SAJAL SHETH |   Link |Mar 23, 2018 9:44:43 AM
OPEN @57.75
issue price was 57

It was Firm allotment to RI
10. Dipesh Zala |   Link |Mar 22, 2018 9:41:30 AM
When is the Listing?
9. SAJAL SHETH |   Link |Mar 21, 2018 12:00:38 PM
ALLOTMENT IS OUT
8. Wealth & Fund Advisors |   Link |Mar 12, 2018 1:07:25 PM
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 |   Link |Mar 14, 2018 3:36:29 PM
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 |   Link |Mar 15, 2018 8:34:07 AM
Agar itna hi badhiya hai to issue date kyon extend karna pada. Bhar dete LM apne jeb se issue.
7. DownriteVJ |   Link |Mar 13, 2018 4:56:49 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ Likes)
Avoid
6. PearlRohit |   Link |Mar 12, 2018 9:38:14 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
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 |   Link |Mar 12, 2018 6:55:29 PM
IPO Mentor IPO Mentor (500+ Posts)
Toh aap hi pura bhar k pura maal le lijiye...
5. Rkg |   Link |Mar 12, 2018 3:00:44 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Risky IPO.
4. DownriteVJ |   Link |Mar 12, 2018 2:39:36 PM
IPO Guru IPO Guru (1300+ Posts, 1200+ 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 |   Link |Mar 12, 2018 11:06:06 AM
Too much Expensive !!!
Issued at 54 PE
2. khushbir singh |   Link |Mar 11, 2018 6:30:44 PM
Saara maal employees ko hi de doooooooo.
1. Anarchist |   Link |Mar 9, 2018 4:12:53 PM
IPO Mentor IPO Mentor (500+ Posts, 1400+ Likes)
haha !!