Marvel Decor IPO

Marvel Decor IPOBusiness 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)

Marvel Decor IPO
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