Manoj Ceramic Limited trades in ceramic tiles and tile adhesives under the brand name “MCPL“.
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 – Details
| IPO Opening Date | 27 December 2023 |
| IPO Closing Date | 29 December 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 23,34,000 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 Lot | 2000 Shares |
| Min Order | 2000 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Purva Sharegistry India Pvt Ltd |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
Manoj Ceramic IPO – Date Schedule
| IPO Open Date | 27 December 2023 |
| IPO Close Date | 29 December 2023 |
| Basis of Allotment | 01 January 2023 |
| Initiation of Refund | 02 January 2024 |
| Credit of Shares to Demat Account | 02 January 2024 |
| IPO Listing Date | 03 January 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Dec 29, 2023 |
Manoj Ceramic IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 2000 | 1,24,000 |
| Retail (Maximum) | 1 | 2000 | 1,24,000 |
| HNI (Minimum) | 2 | 4000 | 2,48,000 |
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.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 37.30 | 37.03 | 0.08 | 39.26 |
| 31 March 2022 | 44.99 | 43.75 | 0.94 | 34.95 |
| 31 March 2023 | 74.93 | 69.99 | 3.62 | 50.54 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 0.26 |
| Market Cap (₹ Cr.) | 51.67 |
| Debt/Equity | 3.86 |
| EPS (Rs) | 241.62 |
| RoNW | 27.67% |
Manoj Ceramic IPO Promoter Holding
| Pre Issue Share Holding | 99.55% |
| Post Issue Share Holding | 71.67% |
Manoj Ceramic IPO Prospectus
Company Contact Information
| Manoj Ceramic Limited 1, Krishna Kunj, 140 Vallabh Baugh Lane, Ghatkopar (East), Mumbai – 400077 Phone: +91-9167271066 Email: info@mcplworld.com Website: https://mcplworld.com/home |
Manoj Ceramic IPO Registrar
| Purva Sharegistry India Pvt Ltd Phone: +91-022-23018261/ 23016761 Email: newissue@purvashare.com Website: https://www.purvashare.com/queries/ |
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. |
