Interiors and More Limited IPO
Interiors and More Limited IPO bidding starts from February 15, 2024 and ends on February 20, 2024. The allotment for the Interiors and More Limited IPO is expected to be finalized on February 21, 2024. Interiors and More Limited IPO will list on NSE SME with tentative listing date fixed as February 23, 2024. Interiors and More Limited IPO price band is set at ₹216 to ₹227 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹1,36,200.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | February 15, 2024 |
Close Date:- | February 20, 2024 |
Allotment Date:- | February 21, 2024 |
Listing Date:- | February 23, 2024 |
About Interiors and More Limited :-
Established in June 2012, Interiors & More Limited specializes in the trade, import, and sale of high-quality artificial flowers. The company's offerings extend to a diverse range of artificial flowers, plants, and decorative items tailored for both residential and commercial spaces.
Situated in Gujarat, the company's manufacturing facility is fully equipped with essential production tools, quality control testing equipment, and additional handling supplies to facilitate efficient assembly and streamlined logistics.
Over the years, Interiors & More Limited has expanded its operations to encompass various locations, including Mumbai and Delhi, with its primary manufacturing hub located in Umbergaon.
With two well-appointed manufacturing units, one in Umargam, Gujarat, spanning 57,000 sq. ft., and the other in Umbergaon, Gujarat, covering 7,000 sq. ft., the company ensures seamless business operations with amenities such as computer systems, internet connectivity, communication infrastructure, security provisions, and other essential facilities.
The company's product portfolio encompasses a wide array of artificial flowers, including roses, marigolds, grass mats, leaves, carnations, hydrangeas, and hanging orchids, alongside complementary items like fountains, battery-operated candles, chandeliers, wooden and glass vases, artificial trees, furniture, and tables.
Interiors & More Limited also organizes curated exhibitions across India to showcase its offerings to a wider audience.
As of December 31, 2023, the company boasts a workforce of 93 permanent employees.
The primary corporate office, located in Fort, Mumbai, serves as the nerve center for administrative operations, reporting requirements, and factory support management.
Contact Details :-
Address:- Interiors and More Limited Office No.7, Ground Floor, Kumtha Street, off Shahid Bhagat Singh Road-Ballard Estate, Fort Mumbai G.P.O. Mumbai - 400001
Phone:- 022-47499811
E-mail:- info@inm.net.in
Website:- http://www.inm.net.in/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | SME |
Price:- | ₹216 to ₹227 |
Lot Size:- | 600 |
Minimum Amount for 1 Lot:- | ₹1,36,200 |
Listing At:- | NSE SME |
Total issue of Shares:- | 18,50,400 |
Total issue Size:- | ₹42 Crore |
Fresh issue of Shares:- | 18,50,400 |
Fresh issue Size:- | ₹42 Crore |
Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
---|---|---|---|---|
Assets | 3,722.59 | 3,094.63 | 1,952.13 | 1,478.30 |
Revenue | 1,853.78 | 2,527.17 | 998.53 | 663.10 |
Profit After Tax | 354.57 | 592.84 | 104.44 | 43.33 |
Net Worth | 1,349.78 | 995.21 | 405.07 | 300.63 |
Reserves and Surplus | 835.28 | 823.71 | 233.57 | 129.13 |
Total Borrowing | 1,645.86 | 1,439.77 | 1,297.33 | 904.02 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 158 |
ROE:- | 84.68% |
ROCE:- | 75.58% |
Debt/Equity:- | 1.45 |
RoNW:- | 59.57% |
IPO Registrar :-
Name:- Bigshare Services Pvt Ltd
Website:- https://ipo.bigshareonline.com/ipo_status.html
IPO Prospectus :-
Particulars | Link |
---|---|
Interiors and More Limited IPO DHRP:- | Click Here |
Interiors and More Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
15-02-2024 | ₹0 | ₹227 | 0% |
16-02-2024 | ₹5 | ₹232 | 2.2% |
17-02-2024 | ₹5 | ₹232 | 2.2% |
18-02-2024 | ₹5 | ₹232 | 2.2% |
19-02-2024 | ₹5 | ₹232 | 2.2% |
20-02-2024 | ₹5 | ₹232 | 2.2% |
21-02-2024 | ₹23 | ₹250 | 10.13% |
22-02-2024 | ₹36 | ₹263 | 15.86% |
23-02-2024 | ₹36 | ₹263 | 15.86% |
Subscription Details :-
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
February 15, 2024 | 0.00 | 0.08 | 0.39 | 0.21 |
February 16, 2024 | 0.00 | 0.27 | 0.74 | 0.43 |
February 19, 2024 | 0.00 | 0.69 | 1.37 | 0.83 |
February 20, 2024 | 3.54 | 30.32 | 7.41 | 11.22 |
Allotment Status:-
Particulars | Link |
---|---|
Check Allotment Status (available on February 21, 2024) | Click Here |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | February 23, 2024 |
NSE Symbol :- | INM |
ISIN:- | INE0OPC01015 |
Final Issue Price:- | ₹227.00 |
Open:- | ₹270.00 |
Low:- | ₹270.00 |
High:- | ₹283.50 |
Close:- | ₹283.50 |
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