Issue Price
₹227
Per Share
GMP
NIL
Grey Market
Est. Listing
₹227
Expected Price
Min. Application
₹272,400
2 lots × 600 shares
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.
Interiors & More Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 93,000 | — | ₹2.11 Cr | — |
| TOTAL | 1,850,400 | 100.00% | ₹42.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹136,200 |
| Retail (Max) | 13 | 7,800 | ₹1,770,600 |
| sNII (Min) | 14 | 8,400 | ₹1,906,800 |
| bNII (Min) | 68 | 40,800 | ₹9,261,600 |
| Particulars | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1853.78 | 2527.17 | 998.53 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 354.57 | 592.84 | 104.44 |
| Net Worth | 1349.78 | 995.21 | 405.07 |
| Total Assets | 3722.59 | 3094.63 | 1952.13 |
| Reserves & Surplus | 835.28 | 823.71 | 233.57 |
| Total Borrowings | 1645.86 | 1439.77 | 1297.33 |