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The Eleganz Interiors IPO is a book-built issue worth ₹78.07 crores, consisting entirely of a fresh issue of 60.05 lakh shares.
The IPO subscription opens on February 7, 2025, and closes on February 11, 2025. The allotment is expected to be finalized on Wednesday, February 12, 2025. The IPO is set to be listed on NSE SME, with a tentative listing date of Friday, February 14, 2025.
The price band for Eleganz Interiors IPO is ₹123 to ₹130 per share. The minimum lot size for an application is 1,000 shares, requiring a ₹1,30,000 investment for retail investors. For HNI investors, the minimum lot size is 2 lots (2,000 shares), amounting to ₹2,60,000.
For detailed information and the latest updates on the Eleganz Interiors Limited IPO, including the IPO GMP, subscription status, and allotment details, investors can rely on trusted platforms such as IPO Watch, IPO Allotment BSE, or refer to the Eleganz Interiors Limited IPO Red Herring Prospectus (RHP). Staying informed on these crucial aspects is essential for making well-informed and strategic investment decisions in this IPO.
| IPO Date | February 7, 2025 to February 11, 2025 |
| Listing Date | Feb 14, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹123 to ₹130 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 60,05,000 shares (aggregating up to ₹78.07 Cr) |
| Fresh Issue | 60,05,000 shares (aggregating up to ₹ 78.07 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,65,94,626 shares |
| Share Holding Post Issue | 2,25,99,626 shares |
| Market Maker Portion | Share Holding Pre-Issue |
| IPO Open Date | Friday, February 7, 2025 |
| IPO Close Date | Tuesday, February 11, 2025 |
| Basis of Allotment | Wednesday, February 12, 2025 |
| Initiation of Refunds | Thursday, February 13, 2025 |
| Credit of Shares to Demat | Thursday, February 13, 2025 |
| Listing Date | Friday, February 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 11, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,30,000 |
| Retail (Max) | 1 | 1000 | ₹1,30,000 |
| HNI (Min) | 2 | 2,000 | ₹2,60,000 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 233.99 | 172.12 | 116.19 | 103.03 |
| Revenue | 192.4 | 223.09 | 191.17 | 155.34 |
| Profit After Tax | 9.53 | 12.21 | 10.31 | 5.09 |
| Net Worth | 70.9 | 51.37 | 39.16 | 28.85 |
| Reserves and Surplus | 54.31 | 36.01 | 38.2 | 27.89 |
| Total Borrowing | 31.7 | 42.8 | 28.23 | 22.62 |
Maximizing Opportunities with Eleganz Interiors Limited IPO
In conclusion, the Eleganz Interiors Limited IPO presents a significant opportunity for investors looking to enter the interior solutions sector. With a price band of ₹123 to ₹130 per share and a minimum investment requirement of ₹1,30,000 for retail investors, this IPO offers potential growth prospects. However, as with any investment, staying updated on key details such as subscription status, allotment updates, and GMP trends is crucial. Investors can refer to platforms like IPO Watch, IPO Allotment BSE, or the Red Herring Prospectus (RHP) to make informed and strategic decisions.
