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MCPLSME / BSEListed

Manoj Ceramic Limited

Manoj Ceramic Limited, incorporated in 1991, trades ceramic tiles and tile adhesives under the brand “MCPL”. The company does not manufacture products itself but sources tiles and adhesives from third-party manufacturers. It sells ceramic tiles in various shapes, colors, and sizes through dealer networks, retail showrooms, exports, and B2B sales to architects, builders, and contractors, mainly across Maharashtra, Goa, Tamil Nadu, and Karnataka. It also supplies tile adhesives through distributors and direct B2B channels in Maharashtra. The company operates retail showrooms in Mumbai (Ghatkopar and Andheri) and Bangalore, and has expanded internationally by setting up a subsidiary in London, UK, named MCPL Ceramic Limited.

₹62 - ₹629.05x sub
Listed Price82.00
Listing Gain+32.26%
TimelineFixed Price Issue IPO
Open27 Dec 2023
Close29 Dec 2023
Allotment02 Jan 2024
Listing03 Jan 2024

Quota Reservation Portions

RetailPortion: 11,08,000 shares
47.47%
Nii(hni)Portion: 11,08,000 shares
47.47%
Market MakerPortion: 1,18,000 shares
5.06%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,24,000
HNI2 lots / 4,000 shares
₹2,48,000

About the Company

Manoj Ceramic Limited, incorporated in 1991, trades ceramic tiles and tile adhesives under the brand “MCPL”. The company does not manufacture products itself but sources tiles and adhesives from third-party manufacturers. It sells ceramic tiles in various shapes, colors, and sizes through dealer networks, retail showrooms, exports, and B2B sales to architects, builders, and contractors, mainly across Maharashtra, Goa, Tamil Nadu, and Karnataka. It also supplies tile adhesives through distributors and direct B2B channels in Maharashtra. The company operates retail showrooms in Mumbai (Ghatkopar and Andheri) and Bangalore, and has expanded internationally by setting up a subsidiary in London, UK, named MCPL Ceramic Limited.

Company Promoters

Mr. Manoj Dharamshi RakhasiyaMrs. Anjana Manoj RakhasiyaMr. Dhruv Manoj RakhasiyaMr. Akash Manoj RakhasiyaMrs. Manasvi Dhruv RakhasiyaManoj D Rakhasiya HUF