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SPITZESME / BSEListed
Maruti Interior Products

Maruti Interior Products Limited (MIPL) manufactures and sells modular kitchen storage systems, aluminium long wardrobe handles, and profile handles for domestic and export markets. Its brands include Everyday Kitchen for the economic segment and Spitze by Everyday for premium products. MIPL also produces for companies like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane, Livespace, and Spacewood. All products are designed in-house, with marketing and distribution networks across India, 300+ dealers, 25+ distributors, and international presence in Uganda. The company sells directly online via platforms like Amazon and Flipkart, offers DIY products, and operates a 1,00,000 sq. ft factory in Gujarat, with plans to collaborate with an Austrian company for oven wire shelves.

DRHP
₹55 - ₹55Open
Listed Price₹68.50
Listing Gain+24.55%

IPO Schedule & Timeline

Fixed Price IPO
Open03 Feb 2022
Close08 Feb 2022
Allotment11 Feb 2022
Listing16 Feb 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,00,000 shares
5%
Nii (hni)9,50,000 shares
47.5%
Retail9,50,000 shares
47.5%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,10,000
HNI2 Lots (4,000 shares)
₹2,20,000

Company Promoters

Mr. Paresh P. LunagariaMr. Purushotam R. Lunagaria

Company Background

Maruti Interior Products Limited (MIPL) manufactures and sells modular kitchen storage systems, aluminium long wardrobe handles, and profile handles for domestic and export markets. Its brands include Everyday Kitchen for the economic segment and Spitze by Everyday for premium products. MIPL also produces for companies like Godrej, Hafele India, Kaff Applian...

Lead Managers & Bankers

Isk Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-21)₹114.75 Cr
Growth-36.9%
Revenue Trend (₹ in Crores)
0.069.7139.4209.2Mar-20Mar-21Sep-21
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-21114.7516.49176.660
Mar-21152.3415.45148.6200
Mar-20181.8722.88135.850

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
11 Feb 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
16 Feb 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Maruti Interior Products. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization11 Feb 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Feb 2022Trading commences on exchange

How to Check Maruti Interior Products Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Maruti Interior Products from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Maruti Interior Products IPO

Complete issue overview for Maruti Interior Products (SPITZE) IPO. The issue features an equity share price band of ₹55 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,10,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions