The Manoj Ceramic IPO commenced on December 27, 2023, and concluded on December 29, 2023. The allotment of shares took place on January 1, 2024, and the initiation of refunds began on January 2, 2024. The shares were credited to the demat accounts of investors on January 2, 2024. Finally, the listing of MCPL on the stock exchange occurred on January 3, 2024.
The MCPL IPO was priced at ₹62 per share, with a lot size of 2000 shares. The total issue size was ₹14.47 crores, comprising a fresh issue of ₹14.47 crores. The IPO was listed on the BSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
MCPL IPO Basic Details
| Company Name | MCPL Limited |
| Domain of Company | Ceramic Tiles and Tile Adhesives Trader |
| MCPL IPO GMP Today | ₹0 |
| MCPL IPO Listing Gain | 0.00% |
| MCPL IPO Open Date | December 27, 2023 |
| MCPL IPO Close Date | December 29, 2023 |
| MCPL IPO Allotment Date | January 1, 2023 |
| MCPL IPO Listing Date | January 3, 2023 |
| Face Value | ₹10 per share |
| Price | ₹62 per share |
| Lot Size | 2000 Shares |
| Issue Size | 2,334,000 shares of ₹10 (aggregating up to ₹14.47 Cr) |
| Fresh Issue | 2,334,000 shares of ₹10 (aggregating up to ₹14.47 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Manoj Dharamshi Rakhasiya, Mrs. Anjana Manoj Rakhasiya, Mr. Dhruv Manoj Rakhasiya, Mr.Akash Manoj Rakhasiya, Mrs. Manasvi Dhruv Rakhasiya, and Manoj D Rakhasiya HUF (acting through its Karta Mr. Manoj Dharamshi Rakhasiya) |
Manoj Ceramic IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹0 | 0.00% | – | – |
| 27 December 2023 | ₹0 | 0.00% | – | – |
| 26 December 2023 | ₹0 | 0.00% | – | – |
| 25 December 2023 | ₹0 | 0.00% | – | – |
Manoj Ceramic IPO Details:
Manoj Ceramic Limited started in 1991 and is known for trading ceramic tiles and tile adhesives under the brand name “MCPL.”
We offer a variety of ceramic tiles in different shapes, colors, and sizes through our network of dealers, retail showrooms, and B2B sales. These tiles are provided to architects, builders, and contractors. We don’t manufacture the tiles ourselves; instead, they are produced by a third-party manufacturer.
Our dealers are located in the western and southern regions of India, specifically in Maharashtra, Goa, Tamil Nadu, and Karnataka. Our retail showrooms are in Mumbai at Ghatkopar and Andheri, as well as in Bangalore at Raja Rajeshwari Nagar.
For tile adhesives, we supply them to end users in Maharashtra through our distribution network. Similar to our tiles, the adhesives are sourced from a third-party manufacturer. We also sell tile adhesives directly to architects, builders, and contractors through our B2B network.
As of December 2023, we have expanded our presence by incorporating a subsidiary in London, UK, known as MCPL Ceramic Limited.
Manoj Ceramic IPO More Details Click Here
Manoj Ceramic IPO FAQs
When is Manoj Ceramic IPO open?
Manoj Ceramic IPO will open on 27 December 2023.
When is Manoj Ceramic IPO Close?
Manoj Ceramic IPO will be closed on 29 December 2023.
What is MPCL IPO GMP Today?
The MPCL IPO GMP aka Grey Market Premium is ₹0.
What is MPCL IPO Kostak Rates Today?
The MPCL IPO Kostak Rate is ₹000.
What is MPCL IPO Subject to Sauda Price Today?
The MPCL IPO subject to sauda rates is ₹000.
MPCL IPO Expected Returns?
The MPCL expected return is 0.00%.
How much will be the listing gain in Manoj Ceramic IPO?
Manoj Ceramic IPO will get listing gain of 0.00%. (Approx.)
