Eleganz Interiors IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feb 07 to Feb 11 2025
Price Band
₹130
Current GMP
₹122(-6.15%)
Subscription
30.65 times
IPO Details
| IPO Date | February 7, 2025 to February 11, 2025 |
| Listing Date | February 14, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹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 | 3,01,000 sharesRikhav Securities Limited |
IPO Date
February 7, 2025 to February 11, 2025
Listing Date
February 14, 2025
Face Value
₹10 per share
Issue Price
₹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
3,01,000 sharesRikhav Securities Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 24.45 |
| Non-Institutional Buyers*** | 60.42 |
| Retail Investors | 21.44 |
| Total ** | 30.65 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
24.45
Non-Institutional Buyers***
60.42
Retail Investors
21.44
Total **
30.65
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Feb 7, 2025 | 0.1 | 1.33 | 2.05 | 1.34 |
| Day 2 Feb 10, 2025 | 2.46 | 4.07 | 8.51 | 5.83 |
| Day 3 Feb 11, 2025 | 24.45 | 60.42 | 21.44 | 30.65 |
DayDay 1
Feb 7, 2025
QIB0.1
NII*1.33
Retail2.05
Total1.34
DayDay 2
Feb 10, 2025
QIB2.46
NII*4.07
Retail8.51
Total5.83
DayDay 3
Feb 11, 2025
QIB24.45
NII*60.42
Retail21.44
Total30.65
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 14-02-2025 | 130.00 | 5(3.85%) | 135 |
| 13-02-2025 | 130.00 | 5(3.85%) | 135 |
| 12-02-2025 | 130.00 | 5(3.85%) | 135 |
| 11-02-2025 | 130.00 | 10(7.69%) | 140 |
| 10-02-2025 | 130.00 | 21(16.15%) | 151 |
| 09-02-2025 | 130.00 | 35(26.92%) | 165 |
| 08-02-2025 | 130.00 | 35(26.92%) | 165 |
| 07-02-2025 | 130.00 | 35(26.92%) | 165 |
| 06-02-2025 | 130.00 | 35(26.92%) | 165 |
| 05-02-2025 | 130.00 | 35(26.92%) | 165 |
| 04-02-2025 | 130.00 | 47(36.15%) | 177 |
| 03-02-2025 | 130.00 | 40(30.77%) | 170 |
| 02-02-2025 | 130.00 | 0(0.00%) | 130 |
| 01-02-2025 | 130.00 | 0(0.00%) | 130 |
| 31-01-2025 | 130.00 | 0(0.00%) | 130 |
Date14-02-2025
Price130.00
GMP5(3.85%)
Estimate List Price135
Date13-02-2025
Price130.00
GMP5(3.85%)
Estimate List Price135
Date12-02-2025
Price130.00
GMP5(3.85%)
Estimate List Price135
Date11-02-2025
Price130.00
GMP10(7.69%)
Estimate List Price140
Date10-02-2025
Price130.00
GMP21(16.15%)
Estimate List Price151
Date09-02-2025
Price130.00
GMP35(26.92%)
Estimate List Price165
Date08-02-2025
Price130.00
GMP35(26.92%)
Estimate List Price165
Date07-02-2025
Price130.00
GMP35(26.92%)
Estimate List Price165
Date06-02-2025
Price130.00
GMP35(26.92%)
Estimate List Price165
Date05-02-2025
Price130.00
GMP35(26.92%)
Estimate List Price165
Date04-02-2025
Price130.00
GMP47(36.15%)
Estimate List Price177
Date03-02-2025
Price130.00
GMP40(30.77%)
Estimate List Price170
Date02-02-2025
Price130.00
GMP0(0.00%)
Estimate List Price130
Date01-02-2025
Price130.00
GMP0(0.00%)
Estimate List Price130
Date31-01-2025
Price130.00
GMP0(0.00%)
Estimate List Price130
IPO Important Dates
| IPO Open Date | Fri, Feb 7, 2025 |
| IPO Close Date | Tue, Feb 11, 2025 |
| Tentative Allotment | Wed, Feb 12, 2025 |
| Initiation of Refunds | Thu, Feb 13, 2025 |
| Credit of Shares to Demat | Thu, Feb 13, 2025 |
| Tentative Listing Date | Fri, Feb 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 11, 2025 |
IPO Open Date
Fri, Feb 7, 2025
IPO Close Date
Tue, Feb 11, 2025
Tentative Allotment
Wed, Feb 12, 2025
Initiation of Refunds
Thu, Feb 13, 2025
Credit of Shares to Demat
Thu, Feb 13, 2025
Tentative Listing Date
Fri, Feb 14, 2025
Cut-off time for UPI mandate confirmation
5 PM on February 11, 2025
IPO Lot Size
| 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 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹1,30,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹1,30,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹2,60,000
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 233.99 | 172.12 | 116.19 |
| Revenue | 192.4 | 223.09 | 191.17 |
| Profit After Tax | 9.53 | 12.21 | 10.31 |
| Net Worth | 70.9 | 51.37 | 39.16 |
| Reserves and Surplus | 54.31 | 36.01 | 38.2 |
| Total Borrowing | 31.7 | 42.8 | 28.23 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 2024233.99
31 Mar 2024172.12
31 Mar 2023116.19
Period EndedRevenue
30 Sep 2024192.4
31 Mar 2024223.09
31 Mar 2023191.17
Period EndedProfit After Tax
30 Sep 20249.53
31 Mar 202412.21
31 Mar 202310.31
Period EndedNet Worth
30 Sep 202470.9
31 Mar 202451.37
31 Mar 202339.16
Period EndedReserves and Surplus
30 Sep 202454.31
31 Mar 202436.01
31 Mar 202338.2
Period EndedTotal Borrowing
30 Sep 202431.7
31 Mar 202442.8
31 Mar 202328.23
IPO Reservation
| 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%) |
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%)
Information about company
Incorporated in 1996, Eleganz Interiors Limited is engaged in the business of Interior solutions to Corporate, laboratories, airport lounge etc.
The company specializes in providing fit-out solutions for corporate and commercial spaces, including corporate offices, research and development facilities, laboratories, airport lounges, flexible workspaces, and commercial retail spaces.
The company bids for domestic tenders issued by large domestic and multinational corporations, project management consultants, and international property consultants for design and build (D&B) and general contracting (GC) services.
The company employs a team of qualified engineers, architects, designers, and project management professionals, supported by third-party consultants to ensure timely project completion, compliance, and quality standards.
Business Segment:
Design & Build services: The company offers end-to-end design and build services, including design, shop drawings, resource planning, execution, and post-project support.
General Contracting (“GC”) services: The company’s GC services include civil, mechanical, electrical work, and final refinements such as installation, finishes, inspection, and touch-ups.
The company has completed over 200 projects, totaling more than 45 lakh Sq Ft of development. As of December 31, 2024, the order book includes 47 ongoing projects across 12 cities.
As on December 30, 2024, the Company had 63 permanent employees and had engaged 380 persons on retainership basis.
Competitive Strengths:
Experienced and qualified designing, engineering and execution team
Proven track record of diversified service offerings encompassing a wide range of industries
Adhering quality standards and sustainable development practices
Strong footprint at key economic hubs in India
In-house woodwork facility
Experienced Promoter and senior management team
Objectives of IPO
The Company intends to utilize the gross proceeds raised through the Issue for the following objects:
Repayment, in full or in part, of certain borrowings availed by the Company
To meet working capital requirements
General Corporate Purposes
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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