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IPO Synopsis

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  • IPO Synopsis

IPO

Maruti Interior Products Ltd
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
Opens On Closes On
03-Feb-22 08-Feb-22
Money Payable On
Application Allotment
55.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 11.00 ISK Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 11.00  
Post Issue Equity Share Capital (.Cr) 7.55
Issue Price () 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