Maruti Interior Products Ltd - IPO

Maruti Interior Products Ltd IPO Details

Public issue of upto 20,00,000 equity shares of Rs. 10 each (Equity Shares) of Maruti Interior Products Limited (MIPL or the Company) for cash at a price of Rs. 55 per share (including a share premium of Rs. 45 per equity share) (The Issue Price), aggregating to Rs. 11.00 crores (The Issue), of which upto 1,00,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less market maker reservation portion i.e. issue of upto 19,00,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.49% and 25.17%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 and the issue price is 5.5 time of the face value.Bid can be made for minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Objective of issue

To set up fully Automatic Nickel/Chrome Plating Plant & Powder Coating Plant Inclusing Shed. Working Capital Requirement. General Corporate Purpose.

Maruti Interior Products Ltd Contact Details

Maruti Interior Products Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - compliance@everyday-india.com

Website - www.everydaykitchenstorage.in