
Eleganz Interiors Limited IPO
NSE SMEListed On: Feb 14, 2025 at ₹ 122.0
₹ 260000 /2000 Shares
*Min Investment
07 Feb, 2025
Open Date11 Feb, 2025
Close Date12 Feb, 2025
Allotment Date14 Feb, 2025
Listing DateEleganz Interiors IPO Issue Details
- Issue Price ₹123-130 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 60,05,000 shares(aggregating up to ₹78.07 crore)
- Fresh Share 60,05,000 shares(aggregating up to ₹78.07 crore)
- Listing at NSE SME
- List Price 122.0
- Listing Date 2025-02-14
- Lead Manager Vivro Financial Services Private Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,30,000 |
| Retail(max) | 1 | 1000 | ₹1,30,000 |
| NII (min) | 2 | 2,000 | ₹2,60,000 |
Eleganz Interiors IPO Reservation
Eleganz Interiors IPO offers total 60,05,000 shares. Out of which 11,41,000 (19%) allocated to QIB, 8,56,000 (14.25%) allocated to NII,19,97,000 (33.26%) allocated to RII, NA (NA%) allocated to employees and 17,10,000 (28.48%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 17,10,000 (28.48%) | |
| Market Maker Shares Offered | 3,01,000 (5.01%) | |
| QIB Shares Offered | 11,41,000 (19%) | |
| NII (HNI) Shares Offered | 8,56,000 (14.25%) | |
| Retail Shares Offered | 19,97,000 (33.26%) | |
| Total Shares Offered | 60,05,000 (100%) |
Eleganz Interiors IPO Details
Eleganz Interiors Limited IPO is an SME IPO, priced at ₹123-130 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 60,05,000 equity shares, aggregating up to ₹78.07 crores..
The IPO bidding window is open from Feb 7, 2025 to Feb 11, 2025. The allotment is expected to be finalized on Feb 12, 2025, and the tentative listing date is Feb 14, 2025.
The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,30,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,60,000.
Vivro Financial Services Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Rikhav Securities Limited will act as the market maker for this issue.
Eleganz Interiors IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 11,41,000 / 8,56,000 | 19,97,000 | 39,94,000 |
Day 1 07-02-25 06:00 PM | 0.10 / 1.33 x | 2.05 x | 1.34 x |
Day 2 10-02-25 06:00 PM | 2.46 / 4.07 x | 8.51 x | 5.83 x |
Day 3 11-02-25 06:00 PM | 24.45 / 60.77 x | 21.44 x | 30.73 x |
Eleganz Interiors Valuations
Eleganz Interiors Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 172.12 | 116.19 | 103.03 |
| Revenue | 223.09 | 191.17 | 155.34 |
| Profit After Tax | 12.21 | 10.31 | 5.09 |
| Net Worth | 51.37 | 39.16 | 28.85 |
| Reserves & Surplus | 36.01 | 38.2 | 27.89 |
| Total Borrowing | 42.8 | 28.23 | 22.62 |
About Eleganz Interiors Company
Eleganz Interiors Limited was incorporated in the year 1996. The company is into the business of providing Interior solutions to Corporate, laboratories, airport lounge etc.
The company deals in fit-out solutions to corporate and commercial spaces like corporate offices, research and development facilities, laboratories, airport lounges, flexible workspaces, and commercial retail spaces.
The company bids for tenders issued by large domestic and multinational corporations, project management consultants, and international property consultants on design and build (D&B) and general contracting (GC) services.
The company uses a team of qualified engineers, architects, designers, and project management professionals with the support of third-party consultants to ensure that projects are completed on time, in compliance, and to the required quality standards.
The company has successfully executed over 200 projects, amounting to more than 45 lakh Sq Ft of development. As on December 31, 2024, the order book comprises 47 live projects across 12 cities.
As on December 30, 2024, the Company had 63 permanent employees and had engaged 380 persons on retainership basis.
Eleganz Interiors - Promoter(s)
Sameer Akshay Pakvasa
Pre Issue Share Holding : 93.94%
Post Issue Share Holding : %
Eleganz Interiors IPO - Issue Objectives
Repayment, in full or in part, of certain borrowings availed by the Company
To meet working capital requirements
General Corporate Purposes
Contact Details
Eleganz Interiors
Gala Nos. 1 – 7, Ground Floor, Sarita B, Prabhat Industrial Estate, Western Express Highway, Dahisar (E), Mumbai – 400 068
+91-22-28960081
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Eleganz Interiors IPO - FAQs
Ans. Eleganz Interiors Limited IPO is a SME IPO. The issue is priced at ₹123-130 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Feb 7, 2025, and closes on Feb 11, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Eleganz Interiors Limited IPO opens on Feb 7, 2025 and closes on Feb 11, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Eleganz Interiors Limited IPO is 60,05,000 shares(aggregating up to ₹78.07 Cr).
Ans. The Eleganz Interiors Limited IPO price band is set between ₹123-130 per equity share.
Ans. To apply for Eleganz Interiors Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Eleganz Interiors Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Eleganz Interiors Limited IPO is Feb 12, 2025.
Ans. The Eleganz Interiors Limited IPO will be listed on Feb 14, 2025.
Ans. Follow the steps to check the Eleganz Interiors Limited IPO allotment status online.