Interiors and More IPO Details GMP Price, Launch Date, share price, Issue Size, Review

Interiors and More IPO Details GMP Price, Launch Date, share price, Issue Size, Review

Company Overview

Interiors and More was originally incorporated on July 30, 2012, as a Private Limited Company as “Interiors & More Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai, Maharashtra. Later in the year 2023,

Under a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on October 31, 2022, Interiors and More was converted from a Private Limited Company to a Public Limited Company and consequently, the name of our Company was changed to ‘Interiors & More Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on January 06, 2023, by the Registrar of Companies, Mumbai.

 Interiors and More also specializes in providing high-quality artificial flowers, props, and other decorative materials for Weddings. Interiors and More was incorporated on 30th, July 2012 and since its inception, our company has been growing at a fast pace.

In 11 years, Interiors and More has grown in terms of sales of artificial green grass manufactured by us in the domestic market and also expanded our portfolio by including import of other home and wedding decor products from China, Vietnam, Thailand, Philippines, and Indonesia. The innovative and constantly reviewing and thereby altered marketing strategies and adoption of various Marketing models have aided us not only in survival but also in the growth of the Business.

The Business is backed by extensively qualified management and versatile staff. Interiors and More buys from other well-established and renowned companies and sells to businesses engaged in event planning as well as individual customers seeking products to decorate their homes.

Interiors and More is an Indian Company with having dynamic team carrying a rich experience in the field of Fresh & Artificial Flowers, Gift Items, and Decorations for Homes, Offices, and other establishments like Malls, Airports, Party Halls, etc. From Import to Retail, we offer each client a combination of imaginative design, expertise, and intense involvement. Our reputation is based on providing the highest quality of products to every client.

INTERIORS & MORE IPO DATE & PRICE BAND DETAILS

IPO Open Date February 15, 2024
IPO Close DateFebruary 20, 2024
IPO SizeApprox ₹42.00 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band₹216 to ₹227 Per Every Share
IPO Listing OnNSE and BSE
IPO Retail Quota35%
IPO QIB Quota50%
IPO NII Quota15%

INTERIORS & MORE IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum1600₹136,200
Retail Maximum1600₹136,200
S-HNI Minimum21200₹272,400

OBJECTS OF THE ISSUE

  •  Working Capital Requirements.
  • General Corporate Purposes.

INTERIORS & MORE IPO ALLOTMENT & LISTING DATE (DETAILS)

IPO Open DateFeb 15, 2024
IPO Close DateFeb 20, 2024
Basis of AllotmentFeb 21, 2024
RefundsFeb 22, 2024
Credit to Demat AccountFeb 22, 2024
IPO Listing DateFeb 23, 2024

INTERIORS & MORE FINANCIAL REPORTS 

₹ in Crores
YearRevenueExpensePAT
2023 ₹25.27 ₹15.37 ₹5.93
2022 ₹9.99 ₹7.29 ₹1.04
2021 ₹6.663 ₹5.58 ₹0.43

OUR PROMOTERS

The Promoters of Interiors and More are –

  1. Mr. Manish Mohan Tibrewal
  2. Mr. Rahul Jhunjhunwala

Qualitative Factors:-

Some of the qualitative factors, which form the basis for the Issue Price, are:

  1.  Market Demand
  2.  Competitive Landscape
  3.  Innovation and Design Capabilities
  4.  Manufacturing and Supply Chain
  5.  Distribution and Sales Channels
  6.  Growth Opportunities
  7.  Experienced Management Team

Basic & Diluted Earnings Per Equity Share (“EPS”)

Financial Year EndedBasic EPS (in ₹)Diluted EPS (in ₹)Weight
March 31, 202334.5734.573
March 31, 20226.096.092
March 31, 20215.795.791
Weighted Average20.2820.28

INTERIORS & MORE LIMITED COMPANY CONTACT DETAILS

Office No.7, Ground Floor, Kumtha Street, Off. Shahid Bhagat Singh Road, Ballard
Estate, Fort Mumbai G.P.O. Mumbai Maharashtra – 400001, India.
Tel: +91 022-47499811
Email: info@inm.net.in
Website: www.inm.net.in

INTERIORS & MORE LIMITED IPO REGISTAR

Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com

 

 

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