Business description – Marvel Decor has established itself as a manufacturer of contemporary, high quality window furnishings. Over the years, the company has established itself as one of the leading manufacturer of quality window blinds in India under the brand name “Marvel”. Marvel is one of the top leading brands in the Window Blinds segment with market network spread nationwide.
The core part of the business is the dealer network, which now supplies through independent channel partners PAN India in over 224 cities of 24 states and is recognised within the Window Blind industry for its prompt delivery, speed of service and quality of products, post-sale support.
Promoters of Marvel Decor – Mr Ashok Ramniklal Paun and Mr Dipak Ramniklal Paun
| Marvel Decor IPO details | |
| Subscription Dates | 12 – 15 March 2018 |
| IPO Price band | INR57 per share |
| Fresh issue | 4,616,000 shares (INR26.31 crore) |
| Offer for sale | Nil |
| Total IPO size | 4,616,000 shares (INR26.31 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Use of funds
- Working Capital Requirement – INR12.51 crore
- Repayment of Unsecured Loans of Promoters/Directors – INR6.50 crore
- General Corporate Purpose – INR4.50 crore
- Issue Expenses – INR2.75 crore
| Marvel Decor’s financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | H1 FY2018 | |
| Total revenue | 23.64 | 27.74 | 22.41 | 28.80 | 30.16 | 17.74 |
| Total expenses | 21.10 | 25.47 | 20.55 | 27.55 | 28.24 | 15.66 |
| Profit after tax | 1.70 | 1.51 | 1.28 | 0.84 | 1.30 | 1.42 |
Marvel Decor’s Contact Details
Marvel Decor Limited
Plot No 211
GIDC Phase II
Dared Jamnagar-361004
Phone: +91 288 2730601
Email: [email protected]
Website: www.marvellifestyle.com
Marvel Decor IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.16 |
| Day 2 | 0.24 |
| Day 3 | 0.45 |
| Day 4 | 1.46 |
Marvel Decor Valuation (Latest FY)
Earnings Per Share (EPS): INR1.04
Price/Earnings (P/E) ratio: 54.81
Return on Net Worth (RONW): 10.30%
Net Asset Value (NAV): INR10.13 per share
Registrar of Marvel Decor IPO
Bigshare Services Private Limited
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone: +91 22 4043 0200
Fax: +91 22 2847 5201
Email: [email protected]
Website: www.bigshareonline.com
Marvel Decor IPO Allotment Status
Marvel Decor IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Marvel Decor
IPO Opening Date: 12 March 2018
IPO Closing Date: 15 March 2018
Listing Date: 23 March 2018
Listing Price on NSE SME: INR57.75 per share (up 1.31% from IPO price)
Closing Price on NSE SME: INR57.85 per share (up 1.49% from IPO price)
Listing kab hai