Maruti Interior Products Limited IPO (Maruti Interior IPO)

Maruti Interior IPO 2022
Upcoming Maruti Interior IPO | New Maruti Interior IPO

Maruti Interior Products Limited is engaged in manufacturing and domestic sale & export of modular kitchen storage system, aluminium long wardrobe handle & profile handle. The company has a wide range of product offerings for different customer segments. The brand Everyday Kitchen is focused on the economic range of products, while the other brand Spitze by Everyday offers premium products. Apart from the company’s own branded products, it also manufactures products for big companies like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane, Livespace, Spacewood, etc.

All products manufactured by MIPL are designed in-house and the company has marketing and distribution network across India. MPIL has an online presence selling direct to customers via online, e-commerce platforms like Amazon and Flipkart. With an eye on the direct customers, the company has also developed Do it yourself (DIY) products.

MIPL’s factory is spread across approx. 1,00,000 sq. ft in Gujarat. The company has 300+ dealers and 25+ distributors PAN India. It also has distributors in Uganda. The company is also in process of tying up for oven wire shelf with one company in Austria.

Maruti Interior IPO

Competitive Strengths

  • High quality and varied manufacturing capability
  • Experienced & skilled marketing team
  • Online marketing and sales of products
  • Prestigious awards and recognition
  • Ambitious expansion plans
  • Experienced promoters and a well-trained employee base

Company Promoters

Mr. Paresh P. Lunagaria and Mr. Purushotam R. Lunagaria are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in Millions)
Total Assets176.66148.62135.85
Total Revenue114.75152.34181.87
Profit After Tax16.4915.4522.88

Objects Of The Issue

The IPO aims to utilize the net proceed for the following objectives;

  • To set up fully automatic Nickel/ Chrome Plating Plant and Powder Coating Plant
  • Working capital requirements
  • General corporate purpose
Maruti Interior IPO
Object Of The Issue

Maruti Interior IPO Details

IPO Opening DateFeb 3, 2022
IPO Closing DateFeb 8, 2022
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹55 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtBSE SME
Issue Size2,000,000 Eq Shares of ₹10
(aggregating up to ₹11.00 Cr)
Fresh Issue2,000,000 Eq Shares of ₹10
(aggregating up to ₹11.00 Cr)
Retail Shares Offered950000
NII (HNI) Shares Offered950000

Maruti Interior IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)

Maruti Interior IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.51%

Maruti Interior IPO Prospectus

Company Contact Information

Maruti Interior Products Limited

Plot No. 13, , Jay Krishna Industrial Estate,
Veraval, Taluka Kotda Sangani Veraval,
Gujarat – 360024

Phone: +91-2827 253895

Maruti Interior IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Maruti Interior IPO FAQs

When Maruti Interior IPO will open?

The Maruti Interior IPO dates are 03 Feb 2022 To 08 Feb 2022
What is the lot size of Maruti Interior IPO?

Maruti Interior IPO lot size and the minimum order quantity is 2000 Shares.
How to apply for Maruti Interior IPO?

You can apply in Maruti Interior IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Maruti Interior IPO listing date?

The Maruti Interior IPO listing date is not announced. The date of Maruti Interior IPO listing is [].
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