Maruti Interior Products Ltd Share Price

(543464)

Maruti Interior Products Limited is a leading manufacturer and distributor of modular kitchen products, storage solutions and aluminium accessories for various industries, ranging from fashion to domestic and export markets. Founded in 1997 as Ravi Bearings Private Limited, the company's name was changed in 2000 to Maruti Interior Products Private Limited. By 2021, the company had changed its name once again to Maruti Interior Products Limited. Over the years, the company has incorporated innovative design solutions and crafted a manufacturing process of more than 400 products, ranging from storage solutions to wardrobe handles and do-it-yourself products. Maruti designs, develops and tests its products in-house and sells to around 300 dealers and 25 distributors across India. In addition, they have an online presence on eCommerce portals such as Amazon and Flipkart. Moreover, Maruti has ventured into the manufacturing of customized wire racks, oven wire grills, laser cutting components and various small appliances, with plans of introducing big appliances including dishwashers and cooktops. With current and future projects, the company is aiming to achieve a turnover of around INR 100 Crores in the next five years.