The Marvel Decor IPO date has been confirmed from March 12, 2018 and ended on March 15, 2018. Read the post to learn about Marvel Decor IPO GMP.
Marvel Decor Developers’ IPO is a fixed-price offering of Rs 26.26 crore. The price is ₹57 per share. The minimum lot size for an operation is 2000 Shares. The minimum amount of investment demanded by retail investors is ₹ 114,000.
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Key Details Of Marvel Decor IPO:
Bidding Dates
March 12-15
Price Range
₹57 per share
Face Value
₹10 per share
GMP
₹69.55
Marvel Decor IPO GMP
The Marvel Decor IPO GMP Today is ₹69.55.
Marvel Decor IPO Overview
The Marvel Decor IPO has a fixed price of Rs 26.26 crores. The Marvel Decor IPO sale began on March 12, 2018 and concluded on March 15, 2018. On March 23, 2018, the shares were listed on the NSE SME. The IPO price for Marvel Decor is 57 per share. The Marvel Decor IPO GMP Today is ₹69.55.
A lot size of 2000 shares is demanded for an operation. Retail investors must make a minimum commitment of ₹ 140,000. Marvel has marked its presence civilly, having 338 galleries, in 224 cosmopolises of 24 countries.
Marvel Decor IPO Details
| IPO Date | March 12, 2018 to March 15, 2018 |
| Listing Date | March 23, 2018 |
| Face Value | ₹10 per share |
| Price | ₹57 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 4,616,000 shares (aggregating up to ₹26.26 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 236,000 shares |
Marvel Decor Company Financials
| 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 | |
Marvel Decor IPO Listing Details
| Listing Date | March 23, 2018 |
| BSE Script Code | |
| NSE Symbol | MDL |
| ISIN | INE575Z01010 |
| Final Issue Price | ₹57 per share |
Company Profile
Marvel Decor Limited, founded in 1996, creates, manufactures, and sells a variety of window covering products under the Marvel brand name in India and encyclopedically. Comber, roman, vertical, bamboo, rustic venetian, luzon, grayson, eton, patricia, aric, colby, meliso, dorren, and sierra haunts are available, as well as curtain rods, automation goods, and tracks. They manufacture roughly 810 factors of various types, sizes, and colours predicated on customer specifications. They manufacture 14 different types of haunts and over 900 different tones. One of
their product units are located in Dared, Jamnagar, Gujarat, where they produce prefabricated venetian haunts for Reliance Refineries as well as roller haunts, bamboo, vertical, and rustic venetian haunts for furnishing stores. Their alternate product unit produces Roller, Roman, Luzon, and Vertical haunts.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Marvel Decor Limited |
| Phone number | +91 288 2730601/602 |
| Email ID | [email protected] |
| Website | marvellifestyle.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Marvel Decor IPO FAQs
When Marvel Decor IPO will open?
The Marvel Decor IPO opens on March 12, 2018 and closes on March 15, 2018.
What is the lot size of Marvel Decor IPO?
Marvel Decor IPO lot size is 2000 Shares, and the minimum amount required is ₹114,000.
When is 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 [.].
When is Marvel Decor IPO listing date?
The Marvel Decor IPO listing date is on March 23, 2018.
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