IPO

Interiors and More Limited IPO

NSE SME

Listed On: Feb 23, 2024 at ₹ 270.0

₹ 136200 /600 Shares

Check Allotment

Interiors and More Limited IPO Details

15 Feb, 2024

Open Date

20 Feb, 2024

Close Date

21 Feb, 2024

Allotment Date

23 Feb, 2024

Listing Date

Issue Price

₹216-227 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

270.0

Listing Date

2024-02-23

Market Lot

600 Shares (₹136,200/-)

Lead Manager

Gretex Corporate Services Limited

Issue Size

1,850,400 shares(aggregating up to ₹42.00 Cr)

Retail Portion

35%

Subscription

11.57 times

IPO Docs

RHP

Interiors and More Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved351,600 / 264,000615,6001,231,200
Day 1 - 15-02-24 06:00 PM0.00 / 0.08 x0.39 x0.21 x
Day 2 - 16-02-24 06:00 PM0.00 / 0.61 x0.71 x0.49 x
Day 3 - 19-02-24 06:00 PM0.00 / 0.69 x1.37 x0.83 x
Day 4 - 20-02-24 06:00 PM3.54 / 30.73 x7.93 x11.57 x

Interiors and More Limited Valuations

EPS Pre IPO

₹11.52/-

EPS Post IPO

₹6.76/-

P/E Pre IPO

19.7

P/E Post IPO

33.59

RoNW

59.57%

Interiors and More Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets3,094.631,952.131,478.30
Revenue2,527.17998.53663.10
Profit After Tax592.84104.4443.33

About The Company

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 our 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.

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Interiors and More Limited - Promoter(s)

Pre Issue Share Holding: 95.08%

Post Issue Share Holding: 69.93%


Company Promoter(s)

  1. Mr. Manish Mohan Tibrewal, Mr. Rahul Jhunjhunwala, Ms. Ekta Tibrewal, Ms. Puja Jhunjhunwala and Ms. Reena Jhunjhunwala

Interiors and More Limited IPO - Issue Objectives

  1. Repayment/Prepayment of Certain Debt Facilities
  2. Working Capital Requirements
  3. General Corporate Purposes.

Interiors and More Limited IPO - FAQs

Ans. Interiors and More Limited IPO is a SME IPO. The issue is priced at ₹216-227 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Feb 15, 2024, and closes on Feb 20, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Interiors and More Limited IPO opens on Feb 15, 2024 and closes on Feb 20, 2024.

Ans. The size of Interiors and More Limited IPO is 1,850,400 shares(aggregating up to ₹42.00 Cr).

Ans. The IPO price band is set between ₹216-227 per equity share.

Ans. To apply for Interiors and More Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Interiors and More 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 Interiors and More Limited IPO is Feb 21, 2024.

Ans. The Interiors and More Limited IPO will be listed on Feb 23, 2024.

Ans. Follow the steps to check the allotment status for Interiors and More Limited IPO here.