Tuesday, March 13, 2018

Marvel Decor IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

   
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Marvel Decor Ltd incorporated in 1996 based in Jamnagar. Marvel Decor is doing designing, manufacturing and selling of home decor products like window coverings. They are selling their product under brand name Marvel. They are doing business in India and overseas as well. They provide their products to Reliance Refineries and other furnishing stores. The product range includes roller, roman, luzon, vertical blinds, curtain rods, dorren, bamboo, vertical blinds and more. They have worldwide presence in 224 cities and 24 states. Marvel Decor ipo is starting from 12 March and ends on 15 March. The price band is around Rs.57 with 2000 market lot. The ipo size is around 26.26 crore rupees.

IPO Review:
  • Risky
Marvel Decor IPO Dates & Price Band:
  • IPO Open: 12 March 2018
  • IPO Close: 15 March 2018
  • IPO Size: Approx Rs 26.26 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.57 Per Equity Share
  • Listing on: NSE SME
  • Shares: 4,616,000
  • Retail Portion: 50%
  • Discount: Rs.5 / Share for Employees
IPO Market Lot:
  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,14,000
Financial Results:

Rs. in Crore

2013 2014 2015 2016 2017
Revenues 23.64 27.74 22.41 28.80 30.16
Expenses 21.10 25.47 22.55 27.55 28.24
PAT 1.70 1.51 1.28 0.84 1.30


Grey Market Premium:
  • The grey market is around Rs.8000 Subject to Sauda.
Marvel Decor IPO Subscription Status:
  • IPO Subscribed 1.46 times overall
Marvel Decor IPO Allotment Status:
Company Promoters:
  • Mr. Ashok Ramniklal Paun
  • Mr. Dipak Ramniklal Paun
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com


IPO Lead Managers:
  • Sarthi Capital Advisors Private Limited
Company Address:
Marvel Decor Limited
Plot No 211,
GIDC Phase II,
Dared Jamnagar-361004
Phone: +91 288 2730601/602
Fax: +91 288 2730603
Email: [email protected]
Website: http://www.marvellifestyle.com

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