Maruti Interior Products IPO Details

Maruti Interior Products IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

Subscription Status

Listing date

About Maruti Interior Products

Maruti Interior Products is into manufacturing and Domestic sale & Export of modular kitchen storage system, Aluminium long wardrobe handle & profile handle. The company has wide range of product offerings for different customer segments. The brand Everyday Kitchen is focused towards economic range and the other brand Spitze by Everyday is offering premium products. The company also manufacture products for other companies on OEM basis.

MIPL has an inhouse team of designers who look after, product development and quality control. All products manufactured by MIPL are designed inhouse and tested to maintain the product quality standards.

MIPL has established marketing and distribution network across India. Further MIPL also have online presence selling direct to customers via online ecommerce platforms like Amazon and flipkart. Looking at online market growth in India, MIPL hase a firm business plan to expand the online sales.

Important Details – Maruti Interior Products

DateDetails
February 14, 1997The company was incorporated as Ravi Bearings Private Limited at Rajkot, Gujarat as a private limited company
April 04, 2000The name of the company was changed to Maruti Interior Products Private Limited
October 20,2021The name of the company was subsequently changed to “Maruti Inteiror Products Limited”

Objects of the Issue

  • To set up fully automatic Nickel/ Chrome Plating Plant and Powder Coating Plant
  • Working Capital Requirement
  • General Corporate Purpose

Maruti Interior Products Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 1,486.24 1,358.59 810.18
Total income 1,523.46 1,818.71 1,185.29
Total Expenses 1,313.99 1,506.74 1,064.96
Profit After Tax 154.53 228.89 98.22

Maruti Interior IPO Details

DescriptionMARUTIIPL IPO Details
Public IssueInitial Public Issue of upto 20,00,000 equity shares of ₹ 10 (aggregating up to ₹ 1100 Lakhs)
Issue Open  Date03-Feb-22
Issue Close Date08-Feb-22
Issue TypeFixed Price
IPO Price Band₹ 55
Face Value ₹ 10
Market Lot 2000 Equity Shares and in multiples thereof
Minimum Order Quantity 2000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolMARUTIIPL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Maruti Interior IPO DRHP & RHP

Maruti Interior Products IPO DRHP
Maruti Interior Products IPO RHP

Maruti Interior IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum12000₹ 1,10,000
Maximum12000₹ 1,10,000

Maruti Interior IPO Lead Managers

  • ISK Advisors Private Limited

Maruti Interior Products IPO Registrar

Maruti Interior IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on03-Feb-22
Bid / Offer Closes on08-Feb-22
Finalisation of Basis of Allotment11-Feb-22
Initiation of refunds 14-Feb-22
Credit of the Equity Shares15-Feb-22
Listing Date16-Feb-22

Company Peers – Comparison of Accounting Ratios

No other listed company which is specifically comparable to Maruti Interior Products with respect to size and the business model.

Company Registered Office

Plot No. 13, Survey No. 236,
Jay Krishna Industrial Estate,
Veraval, Taluka Kotda Sangani Veraval,
Gujarat – 360024
Website: www.spitzebyeveryday.com / www.everyday-india.com

Company Promoters

  • Mr. Paresh P. Lunagaria
  • Mr. Purshotam R. Lunagaria

Maruti Interior Products IPO – FAQS

What is the Maruti Interior Products IPO Price?

The Maruti Interior Products IPO price band is 55 per share

When Maruti Interior Products IPO will open?

The Maruti Interior Products IPO opens on Feb 03, 2022 and closes on Feb 08, 2022

What is the lot size of Maruti Interior Products IPO?

The Maruti Interior Products IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares

Who is the Registrar for Maruti Interior Products IPO?

The Registrar for Maruti Interior Products IPO is Bigshare Services Private Limited

How to apply in Maruti Interior Products IPO through UPI?

Check the step by step process here – Click here

How to apply in Maruti Interior Products IPO through Zerodha?

Check the step by step process here – Click here

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