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Interiors and More Limited IPO

Interiors and More Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 270.00 (+18.94%)

Having completed its public offering, Interiors and More Limited's is now listed and trading on the NSE exchange as of 23-02-2024. The IPO raised cumulative capital of 18,50,400 Shares, including 18,50,400 Shares in primary capital infusion.

The IPO was conducted with a price range of ₹216 to ₹227 and minimum investment requirement of 600 shares. subscription activity between 15-02-2024 and 20-02-2024 reflected market assessment of the offering's valuation and prospects.

The allotment process finalized on 21-02-2024 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.

Interiors and IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Interiors and IPO Key Performance Indicator
Company Financials ( In Lakhs )

Interiors and IPO About Company

Interiors & More Limited, incorporated in June 2012, specializes in trading, importing, and selling artificial flowers, plants, and décor items for homes and offices. The company operates two manufacturing units in Gujarat—a 57,000 sq. ft. facility in Umargam and a 7,000 sq. ft. unit in Umbergaon—both equipped with modern production tools, quality control systems, and smooth logistics. Its diverse product range includes artificial flowers like roses, marigolds, and orchids, as well as fountains, battery-operated candles, chandeliers, vases, artificial trees, and furniture. The corporate office in Fort, Mumbai, handles administration, reporting, and factory support. As of December 31, 2023, the company employs 93 permanent staff.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Interiors and IPO Strength Factors

  1. Wide Product Range: A diverse portfolio allows the company to serve different market segments and meet various customer needs.
  2. Strong Leadership & Stability: A well-structured organization with an experienced management team ensures smooth operations and strategic growth.
  3. Trusted Customer & Distributor Network: Long-term relationships contribute to consistent revenue and a strong market presence.
  4. Efficient Manufacturing: An integrated facility ensures high-quality production and operational efficiency.
  5. Effective Sales & Distribution: Strong sales, marketing, and distribution strategies help in market expansion and brand promotion.
  6. Growth-Oriented Business Model: The company’s scalable model allows for easy expansion and future growth opportunities.

Interiors and IPO Risk Factors

  1. Seasonal Revenue Changes: Sales may slow down during off-seasons, like after festivals and wedding periods, impacting financial performance.
  2. High Inventory Holding: Keeping large inventories for long periods can tie up capital and create liquidity challenges.
  3. Regional Revenue Dependence: Relying heavily on Mumbai for revenue makes the business vulnerable to local economic shifts.
  4. Capital-Intensive Operations: Significant investments in infrastructure and equipment can strain financial resources.
  5. Changing Customer Preferences: Evolving market trends and shifting customer demands require constant product innovation and adaptation.

Interiors and IPO Lead Manager(s)

  • Gretex Corporate Services Limited

Interiors and IPO Promoter(s)

  1. Mr. Manish Mohan Tibrewal
  2. Mr. Rahul Jhunjhunwala
  3. Ms. Ekta Tibrewal
  4. Ms. Puja Jhunjhunwala
  5. Ms. Reena Jhunjhunwala



Interiors and IPO Company Details

Interiors and More Limited
Phone:
address:

Interiors and IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Interiors and IPO FAQs