Eleganz Interiors Limited IPO is opening for subscription on 7 February 2025 and will run until 11 February 2025. This SME IPO will be raising ₹78.07 crore from an entire fresh issue of 60.05 lakh equity shares.
The Eleganz Interiors IPO allotment date will be finalized on Wednesday, 12 February 2025. Eleganz Interiors shares will probably be listed on NSE SME on Friday, 14 February 2025.
Eleganz Interiors IPO price band has been set between ₹123 to ₹130 per share. The IPO lot size is 1000 per application which makes the minimum retail investment ₹130000. For the HNIs, it is 2 lots that are 2000 shares as the minimum subscription requirement which is worth ₹260000.
Here Are the Quick Steps to Apply for the Eleganz Interiors SME IPO with the Best IPO App!
Eleganz Interiors NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | February 7, 2025 |
| IPO Closing Date | February 11, 2025 |
| Tentative IPO Listing Date | February 14, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹123 ₹130 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 6005000 Shares (₹78.07 Cr) |
| Fresh Issue | 6005000 Shares (₹78.07 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 16594626 shares |
| Share Holding Post-Issue | 22599626 shares |
Eleganz Interiors Limited | Company Overview
Eleganz Interiors Limited is engaged in providing interior decoration solutions to laboratories, airports, corporate houses, lounges, and similar commercial spaces. It was started back in 1996 and in these 29 years, the firm has crafted a niche for itself. It has been offering customized solutions to corporates and other commercial spaces.
Apart from working with domestic corporations, and multinational corporations, it works with international corporations as well via third-party consultants.
It employs qualified engineers, designers, architects and all other required human resources needed for the completion of the projects.
The business segment of the firm can be categorised as –
- Design & Build Services under which the company provides end-to-end services related to designing, building, drawings, resource planning, and execution as well as post-project support.
- General Contracting Services under which the company offers civil, electrical work, mechanical, and final refinement solutions as well which include installations, inspections, finishes, and touch-ups.
Until now, Eleganz Interiors has completed more than 200 projects which aggregates to over 45 lakh square feet of development space. As per its order book on 31 December 2024, it has 47 ongoing projects in hand, which are spread across 12 cities.
Open a Demat Account Today to subscribe Eleganz Interiors Ltd. IPO with Best Investment App!
Eleganz Interiors Limited IPO | Key Details
- Eleganz Interiors IPO Opening Date: February 7, 2025,
- Eleganz Interiors IPO Closing Date: February 11, 2025.
- Allotment Date: February 12, 2025
- Price Band: ₹123 To ₹130 per share
- Lot Size: 1000 shares
- Refunds Initiated: February 13, 2025
- Shares Credited to Demat: February 13, 2025
- Listing Date: February 14, 2025
Eleganz Interiors Ltd: Financial Overview
Eleganz Interiors Limited’s profits in FY24 rose by 18.43% while revenue was up by 16.70%.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 172.12 | 116.19 | 55.93 | 48.13667269 |
| Revenue | 223.09 | 191.17 | 31.92 | 16.69718052 |
| Profit After Tax | 12.21 | 10.31 | 1.9 | 18.42870999 |
| Net Worth | 51.37 | 39.16 | 12.21 | 31.17977528 |
| Reserve & Surplus | 36.01 | 38.2 | -2.19 | -5.73298429 |
| Total Borrowing | 42.8 | 28.23 | 14.57 | 51.61176054 |
Eleganz Interiors Ltd IPO | FAQs
Eleganz Interiors Ltd is engaged in offering interior solutions to commercial spaces, such as lounges, corporates, airports etc.
The tentative IPO listing date of Eleganz Interiors has been fixed as Friday, February 14, 2025.
The bidding date for the Eleganz Interiors IPO is February 7 2025, and it will continue until February 11 2025.
The minimum IPO lot size for Eleganz Interiors is 1000 shares and for HNIs, it is 2 lots or 2000 shares.
The IPO allotment is expected to be finalized on Wednesday, February 12, 2025.
The IPO face value is set at ₹10 per share.
______________________________________________________________________________________
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.