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Interiors and More Limited

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Feb 15 to Feb 20, 2024
Price Band ₹216-227
Current GMP ₹270 (18.94%)
Subscription 11.22 times

IPO Details

IPO Date
February 15, 2024 to February 20, 2024
Listing Date
Friday, February 23, 2024
Face Value
₹10 per share
Price Band
₹216 to ₹227 per share
Lot Size
600 Shares
Total Issue Size
1,850,400 shares (aggregating up to ₹42.00 Cr)
Fresh Issue
1,850,400 shares (aggregating up to ₹42.00 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
5,145,000
Share holding post issue
6,995,400
Market Maker portion
93,000 shares Gretex Share Broking

IPO Subscription Details

Anchor Investors
1
Market Maker
1
Qualified Institutions
3.54
Non-Institutional Buyers*
30.32
Retail Investors
7.41
Total **
11.22

Day Wise Sub

DayDay 1 Feb 15, 2024
QIB0.00
NII*0.08
Retail0.39
Total0.21
DayDay 2 Feb 16, 2024
QIB0.00
NII*0.27
Retail0.74
Total0.43
DayDay 3 Feb 19, 2024
QIB0.00
NII*0.69
Retail1.37
Total0.83
DayDay 4 Feb 20, 2024
QIB3.54
NII*30.32
Retail7.41
Total11.22

Day Wise GMP

Date23-02-2024
Price227.00
GMP36 (15.86%)
Estimate List Price263
Date22-02-2024
Price227.00
GMP36 (15.86%)
Estimate List Price263
Date21-02-2024
Price227.00
GMP23 (10.13%)
Estimate List Price250
Date20-02-2024
Price227.00
GMP5 (2.2%)
Estimate List Price232
Date19-02-2024
Price227.00
GMP5 (2.2%)
Estimate List Price232
Date18-02-2024
Price227.00
GMP5 (2.2%)
Estimate List Price232
Date17-02-2024
Price227.00
GMP5 (2.2%)
Estimate List Price232
Date16-02-2024
Price227.00
GMP5 (2.2%)
Estimate List Price232
Date15-02-2024
Price227.00
GMP0 (0%)
Estimate List Price227
Date14-02-2024
Price227.00
GMP0 (0%)
Estimate List Price227
Date13-02-2024
Price227.00
GMP0 (0%)
Estimate List Price227
Date12-02-2024
Price227.00
GMP0 (0%)
Estimate List Price227

IPO Important Dates

IPO Open Date
Thursday, February 15, 2024
IPO Close Date
Tuesday, February 20, 2024
Basis of Allotment
Wednesday, February 21, 2024
Initiation of Refunds
Thursday, February 22, 2024
Credit of Shares to Demat
Thursday, February 22, 2024
Listing Date
Friday, February 23, 2024
Cut-off time for UPI mandate confirmation
5 PM on February 20, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares600
Amount₹136,200
ApplicationRetail (Max)
Lots1
Shares600
Amount₹136,200
ApplicationHNI (Min)
Lots2
Shares1,200
Amount₹272,400

Financial Information

Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20233,722.59
31 Mar 20233,094.63
31 Mar 20221,952.13
Period EndedRevenue
31 Dec 20231,853.78
31 Mar 20232,527.17
31 Mar 2022998.53
Period EndedProfit After Tax
31 Dec 2023354.57
31 Mar 2023592.84
31 Mar 2022104.44
Period EndedNet Worth
31 Dec 20231,349.78
31 Mar 2023995.21
31 Mar 2022405.07
Period EndedReserves and Surplus
31 Dec 2023835.28
31 Mar 2023823.71
31 Mar 2022233.57
Period EndedTotal Borrowing
31 Dec 20231,645.86
31 Mar 20231,439.77
31 Mar 20221,297.33

Key Performance Indicator

ROE
84.68%
ROCE
75.58%
Debt/Equity
1.45
RoNW
59.57%
P/BV
11.74
EPS (Rs)
11.52

IPO Reservation

Anchor Investor Shares Offered
526,200 (28.44%)
Market Maker Shares Offered
93,000 (5.03%)
QIB Shares Offered
351,600 (19.00%)
NII (HNI) Shares Offered
264,000 (14.27%)
Retail Shares Offered
615,600 (33.27%)
Total Shares Offered
1,850,400 (100%)

Information about company

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 manufacturing facility, which is fully furnished with all the necessary tools for production, test equipment for quality control, and additional handling supplies to enable efficient assembly and simple logistics, is located in Gujarat. 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 its 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. Interiors & More Limited curates exhibitions across India. As of December 31, 2023, the company has 93 permanent employees. The company's main corporate office is located in Fort, Mumbai. Here, the company manages all its administrative and reporting needs and factory support.

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 Please read all Tearms and conditions , and agree to use the App