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Marvel Decor Ltd

Registered Office : Plot No. 211 GIDC Phase II,Dared,Jamnagar Gujarat 361004 Phone : 91-288-2730601/602
Fax : 91-288-2730603

Email : info@marvellifestyle.com

Website : www.marvellifestyle.com

Public issue of 46,16,000 equity shares of face value of Rs. 10/- each fully paid up of Marvel Decor Limited ("MDL" or The "Company" or The "Issuer") for cash at a price of Rs. 57/- per equity share (The "Issue Price") (including a share premium of Rs. 47/- per equity share aggregating Rs. 26.26 crores (The "Issue") by the company, of which 2,36,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue ("market maker reservation portion") and a reservation of 1,00,000 equity shares for purchase by eligible employees at a discount of 8.77% (equivalent to Rs. 5/-) per share aggregrating to Rs. 0.52 crores (the "employee reservation portion"). The issue less the market maker reservation portion and employee reservation portion i.e. Issue of 42,80,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 27.09% and 25.12% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each. The Issue Price is Rs. 57/- per equity share. The Issue price is 5.70 times the face value.

Issue

Opens On

Closes On

12-Mar-2018

15-Mar-2018

Money Payable On

Application

Allotment

57.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

26.26

17.04

57.00

Sarthi Capital Advisors Pvt Ltd

Projects

To meet the working capital requirements of the company

Repayment of unsecured loans of Promoters / Directors

General Corporate Purpose

Promoted By

Ashok Ramniklal Paun

Dipak Ramniklal Paun

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd