IPO Trending
SPITZESME / BSEListed

Maruti Interior Products Limited

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.

₹55 - ₹55Open
Listed Price68.50
Listing Gain+24.55%
TimelineFixed Price IPO
Open03 Feb 2022
Close08 Feb 2022
Allotment11 Feb 2022
Listing16 Feb 2022

Quota Reservation Portions

Market MakerPortion: 1,00,000 shares
5%
Nii (hni)Portion: 9,50,000 shares
47.5%
RetailPortion: 9,50,000 shares
47.5%

Minimum Application Bracket Matrix

Retail1 lots / 2,000 shares
₹1,10,000
HNI2 lots / 4,000 shares
₹2,20,000

About the Company

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.

Company Promoters

Mr. Paresh P. LunagariaMr. Purushotam R. Lunagaria