Marvel Decor IPO is set to make its debut on 12th March 18 with 20.46 cr is manufactures and sells a range of window covering products under the Marvel brand name in India and internationally.
Marvel Decor IPO – overview
| IPO Dates | 12-15 March 18 |
| IPO Price | INR 55 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,720,000 shares (INR 20.46 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
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 offer 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 produce about 810 components of different types, sizes and colors as per customer requirement. They make 14 types of blinds and more than 900+ shades. One of their manufacturing units 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.
Objects of the Issue
1 To meet the working capital requirements of the Company;
2. Repayment of Long-Term Unsecured Loans of Promoters/Directors;
3. General Corporate Purposes;
4. Issue Expenses.
Company Financials
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
| Total Assets | 3,906.55 | 3,387.67 | 3,258.93 |
| Total Revenue | 3,015.52 | 2,879.69 | 2,241.06 |
| Profit After Tax | 129.66 | 83.61 | 128.50 |
Company Contact Information
Marvel Decor Limited
Plot No 211,
GIDC Phase II,
Dared Jamnagar-361004
Phone: +91 288 2730601/602
Email: info@marvellifestyle.com
Website: http://www.marvellifestyle.com
Marvel Decor IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Marvel Decor IPO Lead Manager(s)
- Sarthi Capital Advisors Private Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
