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Interiors and More IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Home Decor sector. Gretex Corporate Services is the merchant banker of Interiors and More IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th October 2023.
Interiors and More IPO open date is 15th February 2024 and close date is 20th February 2024. IPO Allotment Date is 21st February 2024 and Listing date is 23rd February 2024.Interiors and More IPO size is Rs 42.00 Cr. crores with IPO price of Rs 227.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Interiors and More IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Interiors and More IPO.
Interiors and More IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Saint Capital Fund | 264,000.00 | ₹227.00 | ₹59,928,000.00 |
| Meru Investment Fund | 131,400.00 | ₹227.00 | ₹29,827,800.00 |
| Ag Dynamic Fund | 130,800.00 | ₹227.00 | ₹29,691,600.00 |
Interiors and More IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Interiors and More IPO, based in Mumbai, operates in the Home Decor sector with a focus on manufacturing and trading of artificial flowers and other decorative materials.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Interiors and More IPO size is ₹ 42.00 Cr. Crores with fresh issue size of Rs 42.00 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Interiors and More IPO is expected to be 21st February 2024, after the finalization of basis of allotment. Investors can check Interiors and More IPO allotment status on the registrars website, Bigshare Services Private Limited. Interiors and More IPO refund dates are 22nd February 2024.
Interiors and More IPO is expected to be listed on 23rd February 2024.
The upper price band for the Interiors and More IPO is set at ₹ 227.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Interiors and More IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Interiors and More IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th February 2024. After submission, funds are blocked until the basis of allotment of Interiors and More IPO is finalised.
The merchant banker for Interiors and More IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Interiors and More IPO RHP for further details.
The registrar for Interiors and More IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Interiors and More IPO through their official website or helpline.
Interiors and More IPO was subscribed 11.22 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 42.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 34.19 Cr.
Sector: Home Decor
SME IPO so far:
6
Merchant Banker:
Gretex Corporate
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 24.72 cr.
PE
Ratio:
33.59x
Average Sector PE Ratio: 19.50x
Interiors and More IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Interiors and More Financial Review Page
Merchant Banker(s) of Interiors and More IPO: Gretex Corporate Services Limited
Interiors and More IPO subscription was 11.22 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Interiors and More IPO listed at a listing price of 283.50 against the offer price of 227.00.
The current market price of Interiors and More is 430.00.
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