Manoj Ceramic Limited (BSE SME)
December 27, 2023 – December 29, 2023
| Price | ₹62 - ₹62 |
| Premium | ₹6 |
|---|---|
| Lot size | 2000 |
| Allotment | Jan 2, 2024 |
| Listing | Jan 3, 2024 |
Manoj Ceramic Limited
1, Krishna Kunj,
140 Vallabh Baugh Lane,
Ghatkopar (East), Mumbai – 400077
Phone: +91-9167271066
Email: info@mcplworld.com
Website: https://mcplworld.com/home
Last updated on 29 Dec 2023 | 05:54:19 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 1108000 | 8180000 | 7.38 |
| Retail | 1108000 | 11882000 | 10.72 |
| Total | 2216000 | 20062000 | 9.05 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 124000 | 554 |
| HNI | 2 | 4000 | 248000 | 554 |
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.
MCPL IPO Details
| 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 |
MCPL IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
MCPL IPO Lead Manager(s)
- Swaraj shares and securities private limited
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 0.26 |
| Debt/Equity | 3.86 |
| EPS (Rs) | 241.62 |
| RoNW | 27.67% |
Company Financials
Manoj Ceramic Limited Financial Information (Restated)
Manoj Ceramic Limited's revenue increased by 66.54% and profit after tax (PAT) rose by 283.52% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 8,491.23 | 7,787.64 | 5,866.52 | 6,074.55 |
| Revenue | 4,374.54 | 7,493.48 | 4,499.62 | 3,730.84 |
| Profit | 301.75 | 362.43 | 94.50 | 8.24 |
| Net Worth | 1,610.05 | 1,310.05 | 947.62 | 853.11 |
| Reserves | 760.05 | 910.05 | 547.62 | 453.11 |
| Borrowing | 5,862.72 | 5,054.97 | 3,495.83 | 3,926.16 |
| Amount in ₹ Lakhs | ||||