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IPO Synopsis IPO   > IPO Synopsis
As on : Apr 23,2024 02:23 PM
Maruti Interior Products Ltd
Registered Office: Plot No 13 Survey No 236,JayKrishna Indl.Estate Kotda-T, Veraval - 360024, Gujarat, India.
Phone : 91-2827 253895   Fax:
Email :    
Website :  
Public issue of upto 20,00,000 equity shares of Rs. 10 each ("Equity Shares") of Maruti Interior Products Limited ("MIPL" or the "Company") for cash at a price of Rs. 55 per share (including a share premium of Rs. 45 per equity share) (The "Issue Price"), aggregating to Rs. 11.00 crores ("The Issue"), of which upto 1,00,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 19,00,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.49% and 25.17%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 5.5 time of the face value. Bid can be made for minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
03-Feb-22 08-Feb-22 (Rs) 55.00 (Rs) 0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Lead Managers to the Issue
Project Cost (Rs.Cr) 11.00 ISK Advisors Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 11.00  
Post Issue Equity Share Capital (Rs.Cr) 7.55  
Issue Price (Rs) 55.00  
Projects
To set up fully Automatic Nickel/Chrome Plating Plant & Powder Coating Plant Inclusing Shed Working Capital Requirement
General Corporate Purpose
Promoted By
Paresh P. Lunagaria
Purushotam R. Lunagaria
Listing At
BSE - SME
Registrar to the Issue
No Data Available