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.
The Promoters of the Company are:
1. Mr. Ashok Ramniklal Paun and
2. Mr. Dipak Ramniklal Paun
| 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 | |
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.
| IPO Date | Mar 12, 2018 - Mar 15, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 4,616,000 Eq Shares of ₹10 (aggregating up to ₹26.26 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹57 Per Equity Share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹114,000 |
| Maximum | 1 | 2000 | ₹114,000 |
Rs 5 per Equity Share for Employees
No. of Times Issue Subscribed (BSE + NSE) | |||
|---|---|---|---|
As on Date & Time | NII | RII | Total |
Shares Offered | 2,190,000 | 2,190,000 | 4,380,000 |
Mar 15, 2018 17:00 | 2.03x | 0.80x | 1.54x |
| Listing Date | Friday, March 23, 2018 |
| BSE Script Code | |
| NSE Symbol | MDL |
| Listing In | |
| ISIN | INE575Z01010 |
| IPO Price | ₹57 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
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
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
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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.
The Marvel Decor IPO opens on Mar 12, 2018 and closes on Mar 15, 2018.
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.
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.
Marvel Decor IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
Guaranteed Save 60% to 90% Brokerage
You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
5paisa (₹20/trade) Zerodha (₹20/trade) ProStocks (₹899 Unlimited) Upstox RKSV (₹20) Edelweiss (₹10 per Trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Overview Benefits & Risks of Options Options Pricing More Articles... Options Trading FAQs Options Trading GlossaryBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaHistory of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
IPO Guru (1000+ Posts, 1100+ Likes)
Top Contributor (300+ Posts)
IPO Mentor (500+ Posts, 1400+ Likes)
issue price was 57
It was Firm allotment to RI