Manoj Ceramic Limited IPO (MCPL IPO)

Manoj Ceramic Limited IPO
Upcoming Manoj Ceramic IPO | New Manoj Ceramic IPO

Manoj Ceramic Limited trades in ceramic tiles and tile adhesives under the brand nameMCPL“.

The company’s product portfolio includes ceramic tiles and tile adhesives.

Ceramic tiles: Providing tiles in various shapes, colors, and sizes through its dealer network, retail showrooms, export, and B2B sales to various end users such as architects, builders, and contractors. The company has the tiles manufactured by a third-party manufacturer and does not produce them itself.

The company has a network of dealers in the western and southern regions of India, mainly in Maharashtra, Goa, Tamil Nadu, and Karnataka.

The company’s retail showrooms are located in Mumbai at Ghatkopar and Andheri and in Bangalore at Raja Rajeshwari Nagar.

Tile adhesives: Supplies tile adhesives to the end user through its distribution network in Maharashtra. The company orders the material from a third-party manufacturer and does not produce it itself.

In addition to the distribution network, the company also sells the product via its B2B network, i.e. to architects, builders and contractors, whom it supplies directly.

As of December 2023, the company has also incorporated its subsidiary in London, UK, under the name MCPL Ceramic Limited.

Manoj Ceramic IPO

Manoj Ceramic IPO – Details

IPO Opening Date27 December 2023
IPO Closing Date29 December 2023
Issue TypeFixed Price Issue IPO
Issue Size23,34,000 Shares Worth ₹14.47 Crore
Fresh Issue: 23,34,000 Shares Worth ₹14.47 Crore
Face Value₹10 per equity share
IPO Price₹62
Market Lot2000 Shares
Min Order2000 Shares (1 Lot)
Listing AtBSE SME
RegisterPurva Sharegistry India Pvt Ltd
Other Shares Offered50%
Retail Shares Offered50%

Manoj Ceramic IPO – Date Schedule

IPO Open Date27 December 2023
IPO Close Date29 December 2023
Basis of Allotment01 January 2023
Initiation of Refund02 January 2024
Credit of Shares to Demat Account02 January 2024
IPO Listing Date03 January 2024
Cut-off time for UPI mandate confirmation5 PM on Dec 29, 2023

Manoj Ceramic IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)120001,24,000
Retail (Maximum)120001,24,000
HNI (Minimum)240002,48,000

Competitive Strengths

  • Quality and focus on customer satisfaction;
  • Experienced Promoters and Management Expertise;
  • Satisfactory track record.

Company Promoters

  • Mr. Manoj Dharamshi Rakhasiya
  • Mrs. Anjana Manoj Rakhasiya
  • Mr. Dhruv Manoj Rakhasiya
  • Mr.Aakash Manoj Rakhasiya
  • Mrs.Manasvi Dhruv Rakhasiya
  • Manoj D Rakhasiya HUF

Object Of The Issue

  • To meet the working capital expenses.
  • General Corporate Expenses.
Manoj Ceramic IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202137.3037.030.0839.26
31 March 202244.9943.750.9434.95
31 March 202374.9369.993.6250.54
Amount in ₹ Crore

Key Performance Indicator

P/E (x)0.26
Market Cap (₹ Cr.)51.67
EPS (Rs)241.62

Manoj Ceramic IPO Promoter Holding

Pre Issue Share Holding99.55%
Post Issue Share Holding71.67%

Manoj Ceramic IPO Prospectus

Company Contact Information

Manoj Ceramic Limited

1, Krishna Kunj,
140 Vallabh Baugh Lane,
Ghatkopar (East), Mumbai – 400077

Phone: +91-9167271066

Manoj Ceramic IPO Registrar

Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Manoj Ceramic IPO Lead Manager(s)

1. Swaraj shares and securities private limited

Manoj Ceramic IPO FAQs

What is Manoj Ceramic IPO?

Manoj Ceramic IPO is a SME IPO. The issue is priced at ₹62 per equity share. The IPO is to be listed on BSE SME.
When Manoj Ceramic IPO will open?

The IPO is to open on 27 December 2023 for Other – 50% and Retail – 50% Investors.
How to Manoj Ceramic IPO?

You can apply Manoj Ceramic IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Manoj Ceramic IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Manoj Ceramic”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Manoj Ceramic IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Manoj Ceramic“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is Manoj Ceramic IPO Size?

Manoj Ceramic IPO size is ₹14.47 crores.
What is Manoj Ceramic IPO Price Band?

Manoj Ceramic IPO Price Band is ₹62.
What is Manoj Ceramic IPO Minimum and Maximum Lot Size?

The minimum bid is 2000 Shares with ₹1,24,000 amount while the maximum bid is 2000 shares with ₹1,24,000.
What is the Manoj Ceramic IPO Allotment Date?

Manoj Ceramic IPO allotment date is  01 January 2023.
What is the Manoj Ceramic IPO Listing Date?

Manoj Ceramic IPO listing date is 03 January 2023. The IPO is to list on BSE SME.
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