Manoj Ceramic Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 27 - Dec 29, 2023
Price Band
₹62
Current GMP
₹82 (32.24%)
Subscription
9.00 times
IPO Details
| IPO Date | December 27, 2023 to December 29, 2023 |
| Listing Date | Wednesday, January 3, 2024 |
| Face Value | ₹10 per share |
| Price | ₹62 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,334,000 shares (aggregating up to ₹14.47 Cr) |
| Fresh Issue | 2,334,000 shares (aggregating up to ₹14.47 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 6,000,000 |
| Share holding post issue | 8,334,000 |
| Market Maker portion | 118,000 shares Shreni Shares |
IPO Date
December 27, 2023 to December 29, 2023
Listing Date
Wednesday, January 3, 2024
Face Value
₹10 per share
Price
₹62 per share
Lot Size
2000 Shares
Total Issue Size
2,334,000 shares (aggregating up to ₹14.47 Cr)
Fresh Issue
2,334,000 shares (aggregating up to ₹14.47 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
6,000,000
Share holding post issue
8,334,000
Market Maker portion
118,000 shares Shreni Shares
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers* | 7.28 |
| Retail Investors | 10.73 |
| Total ** | 9.00 |
Market Maker
1
Non-Institutional Buyers*
7.28
Retail Investors
10.73
Total **
9.00
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Dec 27, 2023 | 0.69 | 0.79 | 0.74 |
| Day 2 Dec 28, 2023 | 1.76 | 3.32 | 2.54 |
| Day 3 Dec 29, 2023 | 7.28 | 10.73 | 9.00 |
DayDay 1
Dec 27, 2023
NII*0.69
Retail0.79
Total0.74
DayDay 2
Dec 28, 2023
NII*1.76
Retail3.32
Total2.54
DayDay 3
Dec 29, 2023
NII*7.28
Retail10.73
Total9.00
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 03-01-2024 | 62.00 | 6 (9.68%) | 68 |
| 02-01-2024 | 62.00 | 6 (9.68%) | 68 |
| 01-01-2024 | 62.00 | 0 (0%) | 62 |
| 31-12-2023 | 62.00 | 0 (0%) | 62 |
| 30-12-2023 | 62.00 | 0 (0%) | 62 |
| 29-12-2023 | 62.00 | 0 (0%) | 62 |
| 28-12-2023 | 62.00 | 0 (0%) | 62 |
| 27-12-2023 | 62.00 | 0 (0%) | 62 |
| 26-12-2023 | 62.00 | 0 (0%) | 62 |
| 25-12-2023 | 62.00 | 0 (0%) | 62 |
| 24-12-2023 | 62.00 | 0 (0%) | 62 |
| 23-12-2023 | 62.00 | 0 (0%) | 62 |
| 22-12-2023 | 62.00 | 0 (0%) | 62 |
Date03-01-2024
Price62.00
GMP6 (9.68%)
Estimate List Price68
Date02-01-2024
Price62.00
GMP6 (9.68%)
Estimate List Price68
Date01-01-2024
Price62.00
GMP0 (0%)
Estimate List Price62
Date31-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date30-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date29-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date28-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date27-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date26-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date25-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date24-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date23-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
Date22-12-2023
Price62.00
GMP0 (0%)
Estimate List Price62
IPO Important Dates
| IPO Open Date | Wednesday, December 27, 2023 |
| IPO Close Date | Friday, December 29, 2023 |
| Basis of Allotment | Monday, January 1, 2024 |
| Initiation of Refunds | Tuesday, January 2, 2024 |
| Credit of Shares to Demat | Tuesday, January 2, 2024 |
| Listing Date | Wednesday, January 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 29, 2023 |
IPO Open Date
Wednesday, December 27, 2023
IPO Close Date
Friday, December 29, 2023
Basis of Allotment
Monday, January 1, 2024
Initiation of Refunds
Tuesday, January 2, 2024
Credit of Shares to Demat
Tuesday, January 2, 2024
Listing Date
Wednesday, January 3, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 29, 2023
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹124,000 |
| Retail (Max) | 1 | 2000 | ₹124,000 |
| HNI (Min) | 2 | 4,000 | ₹248,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹124,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹124,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹248,000
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 8,491.23 | 7,787.64 | 5,866.52 |
| Revenue | 4,374.54 | 7,493.48 | 4,499.62 |
| Profit After Tax | 301.75 | 362.43 | 94.50 |
| Net Worth | 1,610.05 | 1,310.05 | 947.62 |
| Reserves and Surplus | 760.05 | 910.05 | 547.62 |
| Total Borrowing | 5,862.72 | 5,054.97 | 3,495.83 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20238,491.23
31 Mar 20237,787.64
31 Mar 20225,866.52
Period EndedRevenue
30 Sep 20234,374.54
31 Mar 20237,493.48
31 Mar 20224,499.62
Period EndedProfit After Tax
30 Sep 2023301.75
31 Mar 2023362.43
31 Mar 202294.50
Period EndedNet Worth
30 Sep 20231,610.05
31 Mar 20231,310.05
31 Mar 2022947.62
Period EndedReserves and Surplus
30 Sep 2023760.05
31 Mar 2023910.05
31 Mar 2022547.62
Period EndedTotal Borrowing
30 Sep 20235,862.72
31 Mar 20235,054.97
31 Mar 20223,495.83
Key Performance Indicator
| P/E (x) | 0.26 |
| Post P/E (x) | 8.56 |
| Market Cap (₹ Cr.) | 51.67 |
| Debt/Equity | 3.86 |
| EPS (Rs) | 241.62 |
P/E (x)
0.26
Post P/E (x)
8.56
Market Cap (₹ Cr.)
51.67
Debt/Equity
3.86
EPS (Rs)
241.62
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 118,000 (5.06%) |
| Other Shares Offered | 1,108,000 (47.47%) |
| Retail Shares Offered | 1,108,000 (47.47%) |
| Total Shares Offered | 2,334,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
118,000 (5.06%)
Other Shares Offered
1,108,000 (47.47%)
Retail Shares Offered
1,108,000 (47.47%)
Total Shares Offered
2,334,000 (100%)
Information about company
Incorporated in 1991, Manoj Ceramic Limited trades in ceramic tiles and tile adhesives under the brand name "MCPL".
The company's product portfolio includes ceramic tiles and tile adhesives.
Ceramic tiles: Providing tiles in various shapes, colors, and sizes through its dealer network, retail showrooms, export, and B2B sales to various end users such as architects, builders, and contractors. The company has the tiles manufactured by a third-party manufacturer and does not produce them itself.
The company has a network of dealers in the western and southern regions of India, mainly in Maharashtra, Goa, Tamil Nadu, and Karnataka.
The company's retail showrooms are located in Mumbai at Ghatkopar and Andheri and in Bangalore at Raja Rajeshwari Nagar.
Tile adhesives: Supplies tile adhesives to the end user through its distribution network in Maharashtra. The company orders the material from a third-party manufacturer and does not produce it itself.
In addition to the distribution network, the company also sells the product via its B2B network, i.e. to architects, builders and contractors, whom it supplies directly.
As of December 2023, the company has also incorporated its subsidiary in London, UK, under the name MCPL Ceramic Limited.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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