Maruti Interior Products Limited
Fixed Price IPO · BSE
- Price band
- ₹55 - ₹55
- Lot size
- 2,000 shares
- Issue amount
- ₹11 cr
- Total subscription
- 0×
- Opens
- 3 Feb 2022
- Closes
- 8 Feb 2022
- Allotment
- 11 Feb 2022
- Listing
- 16 Feb 2022
Offer at a glance
Issue overview
- Issue size
- 20,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,10,000
- Fresh issue
- ₹11 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,10,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 55,50,000
- Shares after issue
- 75,50,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,10,000 |
| HNI | 2 | 4,000 | ₹2,20,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Maruti Interior Products Limited (MIPL) manufactures and sells modular kitchen storage systems, aluminium long wardrobe handles, and profile handles for domestic and export markets. Its brands include Everyday Kitchen for the economic segment and Spitze by Everyday for premium products. MIPL also produces for companies like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane, Livespace, and Spacewood. All products are designed in-house, with marketing and distribution networks across India, 300+ dealers, 25+ distributors, and international presence in Uganda. The company sells directly online via platforms like Amazon and Flipkart, offers DIY products, and operates a 1,00,000 sq. ft factory in Gujarat, with plans to collaborate with an Austrian company for oven wire shelves.
Strengths
- High-Quality Manufacturing: Offers diverse and reliable production capabilities.
- Skilled Marketing Team: Experienced team driving sales and brand growth.
- Online Sales & Marketing: Utilizes digital channels to reach customers.
- Awards & Recognition: Received prestigious accolades for excellence.
- Expansion Plans: Focused on ambitious growth and market presence.
- Experienced Leadership: Promoters and well-trained employees guide operations effectively.
Promoters
Mr. Paresh P. Lunagaria
Mr. Purushotam R. Lunagaria
Registrar & documents
Lead manager
Isk Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 13, , Jay Krishna Industrial Estate, Veraval, Taluka Kotda Sangani Veraval, Gujarat - 360024
+91-2827 253895
[email protected]Company website ↗Understanding SPITZE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.