Marvel Decor Ltd IPO

Closed

Subscription Details

  • Open Date 12 Mar
  • Close Date 15 Mar
  • Lot Size 2000
  • IPO Size ₹ 26.26 Cr
  • IPO Price Range ₹ 57
  • Min Investment ₹ 114000

Marvel Decor Ltd IPO Timeline

Open Date
12 Mar
Close Date
15 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Marvel Decor Ltd IPO

Contact Information

Address

Plot No. 211 GIDC Phase II,
Dared,
Jamnagar, Gujarat 361004

Marvel Decor Ltd IPO Lead Manager

Sarthi Capital Advisors Pvt Ltd
Open Demat Account