Marvel Decor Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,140,000 (46%) | — | ₹1,220 Cr |
| Retail | — | 2,140,000 (46%) | — | ₹1,220 Cr |
| Market Maker | — | 236,000 (5%) | — | ₹13 Cr |
| Σ Total | — | 4,616,000 (100%) | — | ₹26,311 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹114,000 |
| Retail (Max) | 13 | 26,000 | ₹1,482,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,596,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,638,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue | 3,016 | 2,880 | 2,241 |
| Profit After Tax | 130 | 84 | 129 |
| Total Assets | 3,907 | 3,388 | 3,259 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet the working capital requirements of the Company – 12.51
- 2 Repayment of Unsecured Loans of Promoters/Directors – 6.50
- 3 General Corporate Purpose – 4.50
- 4 Issue Expenses – 2.75
Company Overview
Incorporated in 1996, Marvel Decor Limited designs, manufactures, and sells a range of window covering products under the Marvel brand name in India and internationally. They offers roller, roman, vertical, bamboo, wooden venetian, luzon, grayson, eton, patricia, aric, colby, meliso, dorren, and sierra blinds; and curtain rods, and automation products and tracks.
They are producing about 810 components of different type, size and colors as per customer requirement. They make 14 types of blinds and more than 900+ shades. One of their manufacturing unit is in Dared, Jamnagar, Gujarat where they manufacture readymade venetian blinds specially for Reliance Refineries and Roller blinds, Bamboo, Vertical and Wooden Venetian blinds supplying to the furnishing stores. In their second manufacturing unit they manufacture Roller, Roman, Luzon and Vertical blinds.
Marvel has marked its presence nationwide having 338 galleries, in 224 cities of 24 states.