Maruti Interior Products Limited is engaged in manufacturing and domestic sale & export of modular kitchen storage system, aluminium long wardrobe handle & profile handle. The company has a wide range of product offerings for different customer segments. The brand Everyday Kitchen is focused on the economic range of products, while the other brand Spitze by Everyday offers premium products. Apart from the company’s own branded products, it also manufactures products for big companies like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane, Livespace, Spacewood, etc.
All products manufactured by MIPL are designed in-house and the company has marketing and distribution network across India. MPIL has an online presence selling direct to customers via online, e-commerce platforms like Amazon and Flipkart. With an eye on the direct customers, the company has also developed Do it yourself (DIY) products. MIPL’s factory is spread across approx. 1,00,000 sq. ft in Gujarat. The company has 300+ dealers and 25+ distributors PAN India. It also has distributors in Uganda. The company is also in process of tying up for oven wire shelf with one company in Austria.
- High quality and varied manufacturing capability.
- Online marketing and sales of products.
- Prestigious awards and recognition.
- Ambitious expansion plans.
Objectives of the Issue:
The IPO aims to utilize the net proceed for the following objectives:
- To set up fully automatic Nickel/ Chrome Plating Plant and Powder Coating Plant.
- Working capital requirements.
- General corporate purpose.
Further any clarification, feel free to contact your Branch / Relationship Manager.
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