Manoj Ceramic Limited IPO Review, Date, Price, GMP

MCL, also known as Manoj Ceramic Limited has been active, in the tiles and Tiles Adhesive trading industry, for years. They distribute their products under the brand name “MCPL” through a network that includes dealers, retail showrooms, wholesale transactions (B2B), and exports. Originally established as ‘Manoj and Company’ in 1991 the company transitioned to its form as a limited company named ‘Manoj Ceramic Limited’ in January 2019.

The management team of the company, which includes the board members and senior executives is comprised of professionals who handle day-to-day operations and drive growth. Manoj Ceramic Limited actively interacts with customers through marketing initiatives, promotional activities, and participation in industry events to maintain a presence, in the market.

Manoj Ceramic Limited’s business portfolio primarily revolves around two products; Ceramic Tiles and Tile Adhesive. The company works in collaboration, with tile manufacturers incorporating customer feedback to finalize designs and subsequently distributing the finished products to dealers, showrooms, exporters, and B2B clients.

1. Ceramic Tiles:

MCL operates a network of dealers in the southern regions of India offering effective order fulfillment services. They have strategically placed depots in areas, like Morbi, Thane, Mumbai, and Bangalore to ensure deliveries. The company provides a range of schemes, technical assistance, and a software solution called “Studio,” which has been developed using AI technology to assist dealers in choosing materials.

MCL operates showrooms, in Mumbai and Bangalore where customers can visit explore a selection of ceramic tiles, and make their purchases. The company’s website features an AI-powered tool called “Studio” that allows customers to envision how the tiles would look in their spaces.

Apart, from working with dealers and showrooms MCL also collaborates directly with contractors, architects, and builders to cater to the needs of each project. This collaboration is overseen by the management team.

2. Tiles Adhesive:

MCL distributes “MCPL” brand Tiles Adhesive to customers, in Maharashtra through a network of distributors. The company procures materials from manufacturers, which are delivered in bags labeled with the MCPL brand. Distributors submit orders. The company fulfills them. Additionally they also directly engage in B2B sales with architects, builders, and contractors.

The company has been recognized with awards and certifications, for its business practices and outstanding performance. At the time of the prospectus, MCL had established a subsidiary called MCPL Ceramic Limited, in London for exporting purposes.

Manoj Ceramic Limited IPO Complete Details:

Manoj Ceramic Limited IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP OF Manoj Ceramic Limited is Around 00 Rs.

Objects Of Issue:

A. To address the requirements for operational funds.
B. For general corporate use.

Promoters:

Mr. Manoj Dharamshi Rakhasiya:

– Age: 57 years

– Position: Managing Director and Promoter

– Education: Completed high school education in Mumbai

– Experience: Over three decades in the ceramic industry

Mrs. Anjana Manoj Rakhasiya:

– Age: 55 years

– Position: Director and Promoter

– Education: Completed high school education in Mumbai

Mr. Dhruv Manoj Rakhasiya:

– Age: 34 years

– Position: Managing Director and Promoter

– Education: MBA from Coventry University, London

– Experience: Over 10 years in business administration and finance management

Mr. Aakash Manoj Rakhasiya:

– Age: 24 years

– Position: Director and Promoter

– Education: MBA from University Canada West

– Experience: 5 years in business administration and export activities

Mrs. Manasvi Dhruv Rakhasiya:

– Education: MBA from ICFAI University, Dehradun, PGPM (Finance and HR) from IBS Business School, Mumbai

– Experience: Over 6 years working for Kotak Mahindra Bank Limited & Manoj & Co. Trading Pvt. Ltd.

Manoj D Rakhasiya HUF:

– Incorporation Date: 10th May, 1954

– Karta: Mr. Manoj Dharamshi Rakhasiya

– Experience: Over 40 years of experience in running the HUF.

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