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:-

ParticularsValue
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 :-

ParticularsValue
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 Ended31 Dec 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets3,722.593,094.631,952.131,478.30
Revenue1,853.782,527.17998.53663.10
Profit After Tax354.57592.84104.4443.33
Net Worth1,349.78995.21405.07300.63
Reserves and Surplus835.28823.71233.57129.13
Total Borrowing1,645.861,439.771,297.33904.02

Key Performance Indicator :-

ParticularsValue
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 :-

ParticularsLink
Interiors and More Limited IPO DHRP:-Click Here
Interiors and More Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
15-02-202402270%
16-02-2024 52322.2%
17-02-2024 52322.2%
18-02-2024 52322.2%
19-02-2024 52322.2%
20-02-202452322.2%
21-02-20242325010.13%
22-02-2024 3626315.86%
23-02-20243626315.86%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 15, 20240.000.080.390.080.080.21
February 16, 20240.000.270.740.270.270.43
February 19, 20240.000.691.370.690.690.83
February 20, 20243.5430.327.4130.3230.3211.22

Allotment Status:-

ParticularsLink
Check Allotment Status (available on February 21, 2024)Click Here

Listing Details :-

ParticularsValue
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

Interiors and More Limited IPO FAQ :-

What is the opening date for Interiors and More Limited IPO?

The Interiors and More Limited IPO opens on February 15, 2024.

What is the closing date for Interiors and More Limited IPO?

The Interiors and More Limited IPO closes on February 20, 2024.

When will the shares be allotted for Interiors and More Limited IPO?

Shares of Interiors and More Limited IPO will be allotted on February 21, 2024.

What is the listing date for Interiors and More Limited IPO?

The listing date for Interiors and More Limited IPO is February 23, 2024.

What is the price/ price range for Interiors and More Limited IPO?

The price/ price range for Interiors and More Limited IPO is ₹216 to ₹227.

What is the minimum lot size for the Interiors and More Limited IPO?

The minimum lot size for Interiors and More Limited IPO is 600 shares.

What is the minimum investment required for retail investors in the Interiors and More Limited IPO?

The minimum investment required for retail investors in the Interiors and More Limited IPO is ₹1,36,200.

What type of IPO is the Interiors and More Limited IPO?

The type of Interiors and More Limited IPO is SME.

What is the total issue size of the Interiors and More Limited IPO?

The total issue size of Interiors and More Limited IPO is ₹42 Crore.

How many shares are being offered in the Interiors and More Limited IPO?

Total 18,50,400 shares are being offered in the Interiors and More Limited IPO.

What is the face value of Interiors and More Limited IPO share?

The face value of Interiors and More Limited IPO share is ₹10.

What is the market capitalization of the Interiors and More Limited IPO?

The market capitalization of the Interiors and More Limited IPO is ₹158.8 Crore.

Who is the registrar for the Interiors and More Limited IPO?

The registrar for the Interiors and More Limited IPO is Bigshare Services Pvt Ltd.

Where can I check the IPO Allotment status for Interiors and More Limited IPO?

You can check the IPO Allotment status for Interiors and More Limited IPO at https://ipo.bigshareonline.com/ipo_status.html.

What is the email address and website of Interiors and More Limited IPO?

The email address of Interiors and More Limited IPO is info@inm.net.in and website is http://www.inm.net.in/.

What is the Interiors and More Limited IPO GMP (Grey Market Premium) as of 23-02-2024?

The latest GMP for Interiors and More Limited IPO is ₹36 as of 23-02-2024.