Interiors and More Limited IPO

Price
₹216 - ₹227
Lot
600
Subs.
11.22
Expected Listing Earning

Exp. Premium(GMP):
N/A(N/A%)
IPO Details

Open Date: 15-Feb-2024
Close Date: 20-Feb-2024
Allotment Date: 21-Feb-2024
Listing Date: 23-Feb-2024
Listing Price: N/A
Face Value: ₹10 Per Equity Share
Issue Price: ₹216-227 Per Equity Share
Issue Size: Total Issue Size 1,850,400 shares (aggregating up to ₹42.00 Cr) : Fresh Issue 1,850,400 shares (aggregating up to ₹42.00 Cr)
Market Lot (Min Amount): Retail - ₹136,200 : HNI - ₹272,400
Subscription Details Updated at End of the Day

As on

QIB

Nll

Rll

Total

Shares Offered/Reserved351,600264,000615,6001,231,200
Day 1 - 15-02-24 
05:00 PM
0.00x0.08x0.39x0.21x
Day 2 - 16-02-24 
05:00 PM
0.00x0.27x0.74x0.43x
Day 3 - 19-02-24 
05:00 PM
0.00x0.69x1.37x0.83x
Day 4 - 20-02-24 
05:00 PM
3.54x30.32x7.41x11.22x
Total No. of Application:7,604 (Approx.)
Retail Subscription on the basis of Apps:7.41x
Valuations

Earning Per Share(EPS)11.52/-
P/E Ratio19.7
RoNW59.57%
Net Asset Value (NAV) - Post Issue:19.34/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Dec,20233,722.591,853.78354.57
31 Mar,20233,094.632,527.17592.84
31 Mar,20221,952.13998.53104.44
31 Mar,20211,478.30663.1043.33
Promoter(s)

Pre Issue Share Holding95.08%
Post Issue Share Holding69.93%
Company Promoter(s)
1. Mr. Manish Mohan Tibrewal
2. Mr. Rahul Jhunjhunwala
3. Ms. Ekta Tibrewal
4. Ms. Puja Jhunjhunwala
5. Ms. Reena Jhunjhunwala
Issue Objective(s)

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects 

  • Repayment/Prepayment of Certain Debt Facilities
  • Working Capital Requirements
  • General Corporate Purposes.
About Company

Incorporated in June 2012, Interiors & More Limited trades, imports, and sells artificial flowers. The company manufactures and trades quality artificial flowers, plants, and decor items for homes and offices.

The manufacturing facility, which is fully furnished with all the necessary tools for production, test equipment for quality control, and additional handling supplies to enable efficient assembly and simple logistics, is located in Gujarat.

The company has expanded to various locations over the years, including Mumbai and Delhi, with the factory operating from Umbergaon.

The company has two well-equipped manufacturing units. One is located in Umargam, Gujarat and measures 57,000 Sq. ft. The other unit is situated in Umbergaon, Gujarat and measures 7,000 Sq. ft. Both units have computer systems, internet connectivity, communication equipment, security, and other necessary facilities for our business operations to function smoothly.

The company offers various products, including artificial flowers such as Roses, Yellow Marigolds, Green Grass in Mats, green Leaves, carnations, Hydrangea, and Hanging orchids. In addition, the company trades in Fountains, battery-operated Candles, Chandeliers, vases made of Wood and Glass, artificial trees, Furniture, and Tables.

Interiors & More Limited curates exhibitions across India.

As of December 31, 2023, the company has 93 permanent employees.

The company's main corporate office is located in Fort, Mumbai. Here, the company manages all its administrative and reporting needs and factory support.

Disclaimer

No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. 

Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.

If you are agree with app tems and condition to use the app. 

Thank you.