Maruti Interior Products Limited IPO Date, Review, Price, Form & Market Lot Details

Maruti Interior Products Limited is engaged in manufacturing and domestic sale & export of modular kitchen storage system, aluminum 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 every day 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 a 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.

Check Out The Maruti Interior IPO Details

    Maruti Interior Products Limited IPO

    Maruti Interior IPO Date & Price Band:

    IPO Opening Date Feb 3, 2022
    IPO Closing Date Feb 8, 2022
    Issue Type Fixed Price Issue IPO
    Face Value ₹10 per equity share
    IPO Price ₹55 per equity share
    Market Lot 2000 Shares
    Min Order Quantity 2000 Shares
    Listing At BSE SME
    Issue Size 2,000,000 Eq Shares of ₹10
    (aggregating up to ₹11.00 Cr)
    Fresh Issue 2,000,000 Eq Shares of ₹10
    (aggregating up to ₹11.00 Cr)

    Maruti Interior IPO Tentative Timetable

    The Maruti Interior IPO open date is Feb 3, 2022, and the close date is Feb 8, 2022. The issue may list on Feb 16, 2022.

    IPO Open Date Feb 3, 2022
    IPO Close Date Feb 8, 2022
    Basis of Allotment Date Feb 11, 2022
    Initiation of Refunds Feb 14, 2022
    Credit of Shares to Demat Account Feb 15, 2022
    IPO Listing Date Feb 16, 2022

    Maruti Interior IPO Market Lot:

    The Maruti Interior IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lot (2000 shares or ₹110,000).

    Minimum Lot Size: Minimum 2000 Shares
    Minimum Amount: ₹110,000
    Maximum Lot Size: Maximum 2000 Shares
    Maximum Amount: ₹110,000

    Maruti Interior Financial:

    Particulars For the year/period ended (₹ in Millions)
    30-Sep-21 31-Mar-21 31-Mar-20
    Total Assets 176.66 148.62 135.85
    Total Revenue 114.75 152.34 181.87
    Profit After Tax 16.49 15.45 22.88

    Maruti Interior IPO Reviews / Ratings

    • Updates Soon

    Brokerage Firm IPO Reviews for Maruti Interior IPO

    • ICICI Securities: Adding Soon
    • Motilal Oswal: Adding Soon
    • Capital Market: Adding Soon
    • Ventura Securities Limited: Adding Soon
    • KR Choksey: Adding Soon
    • AXIS Capital Ltd: Neutral

    Maruti Interior IPO Form:

    How to apply the Maruti Interior IPO? You can apply for Maruti Interior IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Maruti Interior IPO in the Invest section. The other option is you can apply to Maruti Interior IPO via IPO forms downloaded via NSE and BSE. Check out the Maruti Interior IPO forms - click NSE Forms & BSE Forms blank Maruti Interior IPO forms download, fill, and submit in your bank or with your broker.

    Maruti Interior IPO Subscription Numbers
    (Day 1)

    Category Day 1 Day 2 Day 3
    QIB x x x
    NII x x x
    RII x x x
    EMP x x x
    OTH x x x
    Total x x x

    Maruti Interior IPO Prospectus


    Maruti Interior Promoters:

    • Mr. Paresh P. Lunagaria
    • Mr. Purushotam R. Lunagaria

    Maruti Interior IPO Registrar:

    Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200

    Maruti Interior IPO Lead Managers: 

    • ISK Advisors Pvt Ltd

    Maruti Interior Company Address: 

    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 FAQs

    What is Maruti Interior IPO?

    Maruti Interior IPO is a BSE SME IPO. They are going to raise ₹11.00 Crores via IPO. The issue is priced at ₹55 per equity share. The IPO is to be listed on BSE.

    When Maruti Interior IPO will open?

    The IPO is to open on 03 February 2022 for NII, and Retail Investors.

    What is Maruti Interior IPO Investors Portion?

    The investors' portion for NII 50%, and Retail 50%.

    How to Apply the Maruti Interior IPO?

    You can apply for Maruti Interior 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 Maruti Interior IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Maruti Interior". Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Maruti Interior IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Maruti Interior". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

    What is Maruti Interior IPO Size?

    Maruti Interior IPO size is ₹11.00 crores.

    What is Maruti Interior IPO Price Band?

    Maruti Interior IPO Price Band is ₹55 per equity share.

    What is Maruti Interior IPO Minimum and Maximum Lot Size?

    The IPO bid is 2000 shares with ₹110,000.

    What is the Maruti Interior IPO Allotment Date?

    Maruti Interior IPO allotment date is 11 February 2022.

    What is the Maruti Interior IPO Listing Date?

    Maruti Interior IPO listing date is 16 February 2022. The IPO to list on BSE SME.