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IPO

IPO Details


Marvel Decor Ltd
Registered Office: Plot No. 211 GIDC Phase II, Dared, Jamnagar - 361004, Gujarat
Phone: 91-288-2730601/602
Email: info@marvellifestyle.com
Website: www.marvellifestyle.com
Public issue of 46,16,000 equity shares of face value of Rs. 10/- each fully paid up of Marvel Decor Limited (MDL or The Company or The Issuer) for cash at a price of Rs. 57/- per equity share (The Issue Price) (including a share premium of Rs. 47/- per equity share aggregating Rs. 26.26 crores (The Issue) by the company, of which 2,36,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion) and a reservation of 1,00,000 equity shares for purchase by eligible employees at a discount of 8.77% (equivalent to Rs. 5/-) per share aggregrating to Rs. 0.52 crores (the employee reservation portion). The issue less the market maker reservation portion and employee reservation portion i.e. Issue of 42,80,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.09% and 25.12% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each. The Issue Price is Rs. 57/- per equity share. The Issue price is 5.70 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
12-Mar-2018 15-Mar-2018 ₹ 57.00 ₹ 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
(₹)Cr. Lead Managers to the Issue
Project Cost 26.26 Sarthi Capital Advisors Pvt Ltd
Project Financed through Current Offer 26.26
Post Issue Equity Share Capital 17.04
Issue Price ₹57.00
Projects
To meet the working capital requirements of the company
Repayment of unsecured loans of Promoters / Directors
General Corporate Purpose
Promoted By
Ashok Ramniklal Paun
Dipak Ramniklal Paun
Listing At
NSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

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NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18258.57 245.41(1.36%)