Manoj Ceramic Limited IPO : Price, Detail, GMP, Opening Date, Financial Report and More

Manoj Ceramic Limited, in business since 1991, deals in ceramic tiles and adhesives under the brand name “MCPL.”

Ceramic Tiles: They offer tiles in different shapes, colors, and sizes through various channels like dealers, showrooms, exports, and B2B sales to users like architects and builders. The actual manufacturing of the tiles is done by another company, not by Manoj Ceramic Limited. They have dealers in western and southern India, particularly in Maharashtra, Goa, Tamil Nadu, and Karnataka. The company’s own showrooms are in Mumbai and Bangalore.

Tile Adhesives: They sell tile adhesives in Maharashtra through their distribution network. Similar to tiles, the adhesives are produced by a third-party manufacturer. Besides the distribution network, they also directly supply architects, builders, and contractors through their B2B network.

Expansion: By December 2023, they expanded internationally by incorporating a subsidiary in London, UK, named MCPL Ceramic Limited.

Key Points Regarding Manoj Ceramic Limited IPO

IPO DateDecember 27, 2023 to December 29, 2023
Price Band₹62 per share
Face ValueRs 10 per share
Lot Size2000 Shares
Total Issue Size2,334,000 shares
(aggregating up to ₹14.47 Cr)
Listing DateWednesday, January 3, 2024
Listing AtBSE SME

Manoj Ceramic Limited IPO Overview:

  • Fixed price issue totalling Rs 14.47 crores.
  • Entirely a fresh issue of 23.34 lakh shares.

Subscription Details

  • Subscription period from December 27 to December 29, 2023.
  • Allotment expected on Monday, January 1, 2024.

Listing Information

  • Tentative listing date set for Wednesday, January 3, 2024, on BSE SME.

IPO Price:

  • Fixed price of ₹62 per share.

Lot Size and Investment:

  • Minimum lot size for an application: 2000 shares.
  • Retail investors require a minimum investment of ₹124,000.

Investment Requirements for HNI:

  • HNI (High Net Worth Individuals): 2 lots (4,000 shares), totalling ₹248,000.

Manoj Ceramic Limited Financial Information

Between March 31, 2022, and March 31, 2023, Manoj Ceramic Limited made a lot more money – their revenue went up by 66.54%. And when you look at their profit after tax (that’s the money they get to keep), it didn’t just go up, it soared by a huge 283.52%.

Here’s a quick look at Kay Cee Energy & Infra Limited breakdown in terms of money (in  Lakh ).

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets7,787.645,866.526,074.55
Revenue7,493.484,499.623,730.84
Profit After Tax362.4394.508.24
Net Worth1,310.05947.62853.11
Reserves and Surplus910.05547.62453.11
Total Borrowing5,054.973,495.833,926.16

Contact Details

Manoj Ceramic Limited
1, Krishna Kunj,
140 Vallabh Baugh Lane,
Ghatkopar (East), Mumbai – 400077
Phone: +91-9167271066
Email: [email protected]
Websitehttps://mcplworld.com/home

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