Interiors and More Limited IPO is an NSE SME IPO. They are going to raise ₹44.00 Crores via IPO. The issue is priced at ₹216 to ₹227 per equity share. The IPO is to be listed on NSE.
Interiors and More Limited IPO opens for subscription on February 15, 2024, and closes on February 20, 2024. The allotment for the Interiors and More Limited IPO is expected to be finalized on February 21, 2024. Interiors and More Limited IPO will list on NSE SME with tentative listing date fixed as Friday, February 23, 2024.
| Interiors and More Limited | NSE SME |
| Minimum Investment ₹136,200 /1 Lot (600 shares) | Price Range ₹216-₹227 | |
| Max Quantity 1 Lots/600 Shares | Max Investment ₹136,200 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 42.00 Cr | Employee Discount ₹0 |
| Total Issue Size 1,850,400 Shares (aggregating up to ₹42.00 Cr) | Share Holding Pree Issue 5,145,000 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 1,850,400 Shares (aggregating up to ₹42.00 Cr) | Share Holding Post Issue 6,995,400 | Listing At NSE SME |
| Market Maker Portion 93,000 shares (Gretex share Broking) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 15 Feb 2024 |
| Offer Ends | 20 Feb 2024 |
| Allotment | 21 Feb 2024 |
| Refunds | 22 Feb 2024 |
| Credit of shares to Demat account | 22 Feb 2024 |
| IPO Listing | 23 Feb 2024 |
About Interiors and More Limited
Incorporated in June 2012, Interiors & More Limited trades, imports, and sells artificial flowers. The company manufactures and trades quality artificial flowers, plants, and decor items for homes and offices.
The company has expanded to various locations over the years, including Mumbai and Delhi, with the factory operating from Umbergaon.
The company has two well-equipped manufacturing units. One is located in Umargam, Gujarat and measures 57,000 Sq. ft. The other unit is situated in Umbergaon, Gujarat and measures 7,000 Sq. ft. Both units have computer systems, internet connectivity, communication equipment, security, and other necessary facilities for our business operations to function smoothly.
The company offers various products, including artificial flowers such as Roses, Yellow Marigolds, Green Grass in Mats, green Leaves, carnations, Hydrangea, and Hanging orchids. In addition, the company trades in Fountains, battery-operated Candles, Chandeliers, vases made of Wood and Glass, artificial trees, Furniture, and Tables.
| founded in | Managing Director |
| 2012 | Mr. Rahul Jhunjhunwala |
Share Holding
| Share Holding Pre-Issue | 95.08% |
| Share Holding Post-Issue | 69.93% |
Interiors and More Limited IPO Prospectus
| Interiors and More Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹2,527.17 | ₹998.53 | ₹663.10 |
| Assets | ₹3,094.63 | ₹1,952.13 | ₹1,478.30 |
| Profit | ₹592.84 | ₹104.44 | ₹43.33 |
All values are in Rs. Lakhs
Fundamentals
| Values | Values | ||
| Market cap | 158.8 Cr | ROE | 84.68% |
| P/E (X) | 19.7 | ROCE | 75.58% |
| POST P/E (X) | 33.59 | EPS | 11.52 |
| Debt to Equity | 1.45 | RONW | 59.57% |
Objects of the Issue
- Repayment/Prepayment of Certain Debt Facilities.
- Working Capital Requirements.
- General Corporate Purposes.
Brokerage Firm IPO Review
- To be updated soon
| Interiors and More Limited Contact Details | |
| Address | Interiors and More Limited Office No.7, Ground Floor, Kumtha Street, off Shahid Bhagat Singh Road-Ballard Estate, Fort Mumbai G.P.O. Mumbai – 400001 |
| Phone: | 022-47499811 |
| info@inm.net.in | |
| Website | http://www.inm.net.in/ |
| Interiors and More Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| Interiors and More Limited IPO Allotment Status Check |
| Interiors and More Limited IPO Allotment Status Check Click Here |
| Interiors and More Limited Lead Managers | |
| Gretex Corporate Services Pvt Ltd Office No. 13, 1st Floor, Raja Bahadur Mansion, New Bansilal Building, 9 -15, HomiModi Street , Fort, Near BSE Ltd, Mumbai -400023 | |
| Phone | +91 22 6708 6181 |
| ipo@gretexgroup.com | |
| Website | http://www.gretexcorporate.com |
Interiors and More Limited IPO FAQs
What is Interiors and More Limited IPO?
- Interiors and More Limited IPO is an NSE SME IPO. They are going to raise ₹44.00 Crores via IPO. The issue is priced at ₹216 to ₹227 per equity share. The IPO is to be listed on NSE.
When Interiors and More Limited IPO will open?
- The IPO is to open on February 15, 2023, for QIB, NII, and Retail Investors.
What is Interiors and More Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Interiors and More Limited IPO Size?
- Interiors and More Limited IPO size is ₹42.00 crores.
What is Interiors and More Limited IPO Price Band?
- Interiors and More Limited IPO Price Band is ₹216 to ₹227 per equity share.
What is Interiors and More Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (600 Shares) with ₹136,200. and Maximum Lot Size 1 Lots (600 Shares) with ₹136,200
What is Interiors and More Limited IPO Allotment Date?
- Interiors and More Limited IPO allotment date is February 21, 2024.
What is Interiors and More Limited IPO Listing Date?
- Interiors and More Limited IPO listing date is February 23, 2024. The IPO to list on NSE.