Eleganz Interiors Limited

Eleganz Interiors Limited

CLOSED

IPO Date: 7 Feb - 11 Feb 2025

Listing Date: 14 Feb 2025

Price Range

₹123 – ₹130

Issue Size

78 Cr

Min Investment

1,23,000

Lot Size

1000 Shares

Schedule of Eleganz Interiors Limited

Issue open date

7 Feb 2025

Issue close date

11 Feb 2025

UPI mandate deadline

11 Feb 2025 (5 PM)

Allotment finalization

12 Feb 2025

Share credit

13 Feb 2025

Listing date

14 Feb 2025

Mandate end date

26 Feb 2025

Issue size

Funds Raised in the IPOAmount
Overall78 Cr
Fresh Issue78.07 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date12 Feb 2025
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
13 Feb 20251305135 (3.85%)
12 Feb 202513010140 (7.69%)
11 Feb 202513010140 (7.69%)
10 Feb 202513020150 (15.38%)
9 Feb 202513035165 (26.92%)
8 Feb 202513035165 (26.92%)
7 Feb 202513035165 (26.92%)
6 Feb 202513035165 (26.92%)
5 Feb 202513035165 (26.92%)
4 Feb 202513047177 (36.15%)
3 Feb 202513040170 (30.77%)
2 Feb 20251300130 (0%)

Performance Eleganz Interiors Limited

Issue PriceListing GainCurrent Market PriceP/L
₹123 – ₹130 116 (-6.15%) 112.5-13.46%

About Eleganz Interiors Limited

Eleganz Interiors Limited specialises in interior fit-out solutions for diverse commercial spaces across India. Offering design-and-build and General Contracting services, the company focuses on high-quality execution and budget optimisation to meet client needs. With a track record of over 200 projects covering 45 lakh sq ft, Eleganz has an extensive order book and is recognised for sustainable practices with LEED certifications.

Founded in1996
Managing directorMr. Sameer Pakvasa
Parent organizationEleganz Interiors Ltd

Financial Overview

Strengths

  • Specialises in comprehensive interior fit-out solutions across India.
  • Offers full services from design to execution, showcasing robust capabilities.
  • Extensive experience with over 200 projects and a strong operational track record.

Risks

  • Vulnerable to economic downturns affecting construction and real estate sectors.
  • Dependent on government and regulatory approvals, impacting project timelines.
  • Financial risks from high leverage or poor credit management.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)N/A
Retail Individual Investors (RIIs)N/A
EmployeeN/A
TotalN/A