Last updated on January 3, 2024
Manoj Ceramic IPO description – Manoj Ceramic is engaged in the trading of ceramic tiles and Tiles Adhesive, marketed under its proprietary brand ‘MCPL.’ The company distributes its products through a network of dealers, retail showrooms, wholesale channels for business-to-business transactions, and export operations. The company’s range of products encompasses ceramic tiles and tile adhesives.
Ceramic Tiles: The product line features captivating designs, colors, and sizes, capable of transforming any space into a work of art. These tiles are distributed through the dealer network, retail showrooms, exports, and business-to-business sales, catering to various end-users such as architects, builders, and contractors. It’s noteworthy that the company outsources the manufacturing of tiles to a third party, as it does not produce them internally.
Currently, the company operates a dealer network in the Western and Southern regions of India, with a focus on Maharashtra, Goa, Tamil Nadu, and Karnataka. The company’s retail showrooms are situated in Mumbai, specifically in Ghatkopar and Andheri, as well as in Bangalore at Raja Rajeshwari Nagar.
The company has successfully exported its Ceramic Tiles to Vancouver, Canada, and London, UK during the fiscal year 2022-2023. In response to the demand, the company has established a subsidiary in London, UK.
Tile Adhesives: It assures a robust bond, ensuring a smooth and durable installation for valued customers. The company distributes tile adhesives to end-users through its network in Maharashtra. Notably, the company sources the material from a third-party manufacturer and does not engage in its production.
Promoters of Manoj Ceramic – Mr. Manoj Dharamshi Rakhasiya, Mrs. Anjana Manoj Rakhasiya, Mr. Dhruv Manoj Rakhasiya, Mr.Akash Manoj Rakhasiya, Mrs. Manasvi Dhruv Rakhasiya, and Manoj D Rakhasiya HUF (acting through its Karta Mr. Manoj Dharamshi Rakhasiya)
Table of Contents
Manoj Ceramic IPO Details
| Manoj Ceramic IPO Dates | 27 – 29 December 2023 |
| Manoj Ceramic Issue Price | INR 62 per share |
| Fresh issue | 2,334,000 shares (INR 14.47 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,334,000 shares (INR 14.47 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 124,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Manoj Ceramic Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 35.57 | 43.14 | 73.51 | 43.15 |
| Expenses | 37.03 | 43.75 | 69.99 | 39.67 |
| Net income | 0.08 | 0.95 | 3.62 | 3.02 |
Manoj Ceramic IPO News
- Manoj Ceramic RHP
- Manoj Ceramic Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Manoj Ceramic Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.14 | 1.58 | 6.04 |
| PE ratio | – | – | 10.26 |
| RONW (%) | 0.97 | 9.97 | 27.67 |
| NAV | 568.74 | 631.75 | 873.36 |
| ROCE (%) | – | 12.00 | 15.00 |
| EBITDA (%) | 10.75 | 8.86 | 11.07 |
| Debt/Equity | 4.60 | 3.69 | 3.86 |
Manoj Ceramic IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Manoj Ceramic IPO Subscription – Live Updates
| Category | NII | Retail | Total |
|---|---|---|---|
| Shares Offered | 1,226,000 | 1,108,000 | 2,334,000 |
| 29 Dec 2023 | 6.67 | 10.72 | 8.59 |
| 28 Dec 2023 | 1.80 | 4.18 | 2.93 |
| 27 Dec 2023 | 1.29 | 2.10 | 1.68 |
Manoj Ceramic IPO Allotment Status
Manoj Ceramic IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status.
Manoj Ceramic IPO Dates & Listing Performance
| IPO Opening Date | 27 December 2023 |
| IPO Closing Date | 29 December 2023 |
| Finalization of Basis of Allotment | 1 January 2024 |
| Initiation of refunds | 2 January 2024 |
| Transfer of shares to demat accounts | 2 January 2024 |
| IPO Listing Date | 3 January 2024 |
| Opening Price on BSE SME | INR 82 per share (up 32.26%) |
| Closing Price on BSE SME | INR 77.90 per share (up 25.65%) |
Manoj Ceramic IPO Lead Manager
SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093
Maharashtra, India
Phone: +91-22-6964-9999
Email:Â [email protected]
Website: www.swarajshares.com
Manoj Ceramic Offer Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone:Â +91 022 4961 4132
Email:Â [email protected]
Website: www.purvashare.com
Manoj Ceramic Contact Details
MANOJ CERAMIC LIMITED
Unit No. 2 to 8, Building No. 19-24,
Indian Corporation Compound, Mankoli Naka,
Bhiwandi, Thane – 421302, Maharashtra
Phone: +91-9819557152
E-mail: [email protected]
Website: www.mcplworld.com
IPO FAQs
What is the MCPL IPO size?
Manoj Ceramic offer size is INR 14.47 crores.
What is the MCPL IPO price band?
Manoj Ceramic public offer price is INR 62 per share.
What is the lot size of the MCPL IPO?
Manoj Ceramic offer lot size is 2,000 shares.
What is Manoj Ceramic IPO GMP today?
Manoj Ceramic IPO GMP today is INR NA per share.
What is the Manoj Ceramic kostak rate today?
Manoj Ceramic kostak rate today is NA per application.
What is Manoj Ceramic Subject to Sauda rate today?
Manoj Ceramic Subject to Sauda rate today is INR NA per application.
