IPO Issue Details
Issue Price / Price Band₹130 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size60,05,000 shares (aggregating up to ₹78.07 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 07 Feb 2025
Subscription CloseTue, 11 Feb 2025
Anchor AllotmentThu, 06 Feb 2025
Basis of AllotmentWed, 12 Feb 2025
Initiation of RefundsThu, 13 Feb 2025
Credit of Shares to DematThu, 13 Feb 2025
Listing DateFri, 14 Feb 2025
UPI Mandate Deadline2025-02-11
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 1,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 2000 shares
EPS (Pre-IPO)₹7.36
EPS (Post-IPO)₹8.44
P/E Ratio (Pre-IPO)17.67x
P/E Ratio (Post-IPO)15.41x
Net Offer to Public57,04,000 shares (aggregating up to ₹74.15 Cr)
Reserved for Market Maker3,01,000 shares (aggregating up to ₹3.91 Cr)
Pre-IPO Promoter Holding1,65,94,626 shares
Post-IPO Promoter Holding2,25,99,626 shares
About Eleganz Interiors Ltd
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 teamProven track record of diversified service offerings encompassing a wide range of industriesAdhering quality standards and sustainable development practicesStrong footprint at key economic hubs in IndiaIn-house woodwork facilityExperienced Promoter and senior management team
Objects of the Issue
Eleganz Interiors Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Repayment, in full or in part, of certain borrowings availed by the Company
2
To meet working capital requirements
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,65,94,626 shares
Post-IPO Promoter Holding
2,25,99,626 shares