Marvel Decor Limited Ipo

Marvel decor limited ipo

Marvel decor limited ipo

 

Marvel Decor Ltd was formerly known as Accumax Interior Products Pvt. Ltd, is a leading company for window covering products.

Marvel is only company having 14 types of blinds with more than 2000 shades under one roof.

Marvel decor limited ipo

It has two factories in Jamnagar, Gujarat and a Sales office at Mumbai; Marvel is the First Indian Company to get ISO 9001-2000 certificates in window covering Industry. Company has marked its presence nationwide having 338 galleries, in 224 cities of 24 states

Date of establishment:  Marvel Decor Limited was incorporated in 1996

 

Product & Service Offering: Marvel Decor Limited is offers roller, roman, vertical, bamboo, wooden venetian, luzon, grayson, eton, patricia, aric, colby, meliso, dorren, sierra blinds, curtain rods, and automation products and tracks.

Promoters of Marvel Decor Limited: The Promoters of the Company are:

 

 

1.

Marvel decor limited ipo

Mr. Ashok Ramniklal Paun
2.

Marvel decor limited ipo

Mr. Dipak Ramniklal Paun

 

Customer segment: It caters to retail consumer and corporates both in domestic as well as foreign market.

 

 

Objects of the Issue:The objects of the Offer is to:-
-     Repayment of Long-Term Unsecured Loans of Promoters/Directors
-     To meet the working capital requirements of the Company
-     To Finance General corporate expense
-     Issue Expenses

Company Financials:

 

Particulars

For the year/period ended (in Rs.

Lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

3,906.55

3,387.67

3,258.93

3,020.63

2,360.78

 

Total Revenue

3,015.52

2,879.69

2,241.06

2,773.72

2,363.60

 

Profit After Tax

129.66

83.61

128.50

151.34

170.34

 

 

 

Marvel Decor IPO Details Date, Prospectus, Allotment, Listing, Purpose, Price, Financial Report