Interiors and More Limited IPO
Interiors and More Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹216–₹227 per share. The stock debuted at ₹270, delivering a listing gain of 18.9%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,36,200.
Interiors and More Limited IPO
- IPO Dates
- Feb 15, 2024 – Feb 20, 2024
- Price band
- ₹216-227 per equity share
- Minimum Investment
- ₹1,36,200
- Issue size
- ₹42 Cr
- Lot size
- 600
- Allotment Date
- Feb 21, 2024
- Listing
- Feb 23, 2024
- Listing At
- NSE SME
IPO timeline
-
Feb 15, 2024
Open Date
Completed
-
Feb 20, 2024
Close Date
Completed
-
Feb 21, 2024
Allotment Date
Completed
-
Feb 23, 2024
Listing Date
Completed
Interiors and More Limited IPO Essentials
Interiors and More Limited IPO Details
Interiors and More Limited IPO is priced at ₹216-227 per share with a total issue size of 42 crore. The IPO has a lot size of 600 shares and is listed on NSE SME.
- Issue price
- ₹216-227 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,850,400 shares(aggregating up to ₹42.00 Cr)
- Total issue size
- 18,50,400 shares
(aggregating up to ₹42 crore) - Fresh issue
- 18,50,400 shares
(aggregating up to ₹42 crore) - Listing at
- NSE SME
- List price
- 270.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Gretex Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 600 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 | 600 | ₹1,36,200 |
| Retail(max) | 1 | 600 | ₹1,36,200 |
| NII (min) | 2 | 1,200 | ₹2,72,400 |
Interiors and More Limited IPO Reservation
Interiors and More Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,850,400 shares, approximately 19% are reserved for QIB, 14.27% for NII, 33.27% for retail investors, 5.03% for market maker, and 28.44% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 526,200 (28.44%) | |
| Market Maker Shares Offered | 93,000 (5.03%) | |
| QIB Shares Offered | 351,600 (19%) | |
| NII (HNI) Shares Offered | 264,000 (14.27%) | |
| Retail Shares Offered | 615,600 (33.27%) | |
| Total Shares Offered | 1,850,400 (100%) |
Interiors and More Limited IPO Analytics
Interiors and More Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Interiors and More Limited IPO Subscription Status
Interiors and More Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 351,600 / 264,000 | 615,600 | 1,231,200 |
|
Day 1
15-02-24 06:00 PM
|
(0.00 / 0.08) x | 0.39 x | 0.21 x |
|
Day 2
16-02-24 06:00 PM
|
(0.00 / 0.61) x | 0.71 x | 0.49 x |
|
Day 3
19-02-24 06:00 PM
|
(0.00 / 0.69) x | 1.37 x | 0.83 x |
|
Day 4
20-02-24 06:00 PM
|
(3.54 / 30.73) x | 7.93 x | 11.57 x |
Interiors and More Limited Valuations
Earnings
- EPS Pre IPO
- ₹11.52/-
- EPS Post IPO
- ₹6.76/-
- P/E Pre IPO
- 19.7
- P/E Post IPO
- 33.59
Returns
- ROE
- 84.68%
- ROCE
- 75.58%
- RoNW
- 59.57%
Fundamentals
- Debt / Equity
- 1.45
- Price / Book
- 11.74
Interiors and More Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 3,094.63 | 1,952.13 | 1,478.30 |
| Revenue | 2,527.17 | 998.53 | 663.10 |
| Profit After Tax | 592.84 | 104.44 | 43.33 |
| Net Worth | 995.21 | 405.07 | 300.63 |
| Reserves & Surplus | 823.71 | 233.57 | 129.13 |
| Total Borrowing | 1,439.77 | 1,297.33 | 904.02 |
Interiors and More Limited Company & Offer Insights
About Interiors and More Limited
Interiors & More Limited is incorporated in June 2012 and deals with importing and selling artificial flowers. The company produces and deals with high-quality artificial flowers, plants, and decorations for living rooms as well as offices.The company has its own manufacturing plant in Gujarat, which is fully equipped with all the tools required in the manufacturing process, test equipment to ensure quality control, as well as other additional supply to facilitate easy assembly with minimal logistics.
The company has expanded to several locations over the years, such as Mumbai and Delhi, and the factory operates from Umbergaon.The company has two well-equipped manufacturing units, one located at Umargam, Gujarat, with an area of 57,000 sq. ft. and the other unit is in Umbergaon, Gujarat, measuring 7,000 sq. ft. Computer systems, internet connectivity, communication equipment, security and other necessary amenities are available in both units for its business operations to run smoothly.The company sells a range of products, including artificial flowers like Roses, Yellow Marigolds, Green Grass in Mats, green Leaves, carnations, Hydrangea, and Hanging orchids. The company also deals in Fountains, battery-operated Candles, Chandeliers, vases made of Wood and Glass, artificial trees, Furniture, and Tables.
Interiors & More Limited organizes exhibitions throughout India.As of December 31, 2023, the company has 93 permanent employees.
The headquarters of the company's corporate office is in Fort, Mumbai. It manages all factory support, and here it takes care of its entire administrative and reporting needs.
Interiors and More Limited Promoter(s)
Mr. Manish Mohan Tibrewal, Mr. Rahul Jhunjhunwala, Ms. Ekta Tibrewal, Ms. Puja Jhunjhunwala and Ms. Reena Jhunjhunwala are the company's promoters of Interiors and More Limited.
Interiors and More Limited IPO Issue Objectives
- •
- Repayment/Prepayment of Certain Debt Facilities
- •
- Working Capital Requirements
- •
- General Corporate Purposes.
Contact Information
Contact Details
Interiors and More Limited
022-47499811
Office No.7, Ground Floor, Kumtha Street, off Shahid Bhagat Singh Road-Ballard Estate, Fort Mumbai G.P.O., Mumbai - 400001
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Interiors and More Limited IPO is a book-built IPO worth ₹42 crore. The price band is ₹216–₹227 per share. The IPO opens on Feb 15, 2024 and closes on Feb 20, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Interiors and More Limited IPO is ₹216 to ₹227 per share.
The lot size of Interiors and More Limited IPO is 600 shares.
The minimum investment for Interiors and More Limited IPO is approximately ₹1,36,200 based on the upper price band .
Interiors and More Limited IPO opens on Feb 15, 2024 and closes on Feb 20, 2024.
The allotment date of Interiors and More Limited IPO is Feb 21, 2024.
Interiors and More Limited IPO is expected to be listed on Feb 23, 2024, on NSE SME Platform.
Interiors and More Limited IPO valuation snapshot: P/E 33.59, EPS ₹6.76/-, P/B 11.74, RoNW 59.57%, and market cap N/A.
To apply for Interiors and More Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Interiors and More Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Interiors and More Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Interiors and More Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Interiors and More Limited IPO allotment status on IPO Ji for quick and easy access.