Eleganz Interiors Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,851,000 (47%) | — | ₹3,706 Cr |
| NII (HNI) | — | 856,000 (14%) | — | ₹1,113 Cr |
| Retail | — | 1,997,000 (33%) | — | ₹2,596 Cr |
| Market Maker | — | 301,000 (5%) | — | ₹39 Cr |
| Σ Total | — | 6,005,000 (100%) | — | ₹78,065 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹130,000 |
| Retail (Max) | 13 | 13,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,710,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 192 | 223 | 191 |
| Profit After Tax | 10 | 12 | 10 |
| Net Worth | 71 | 51 | 39 |
| Total Assets | 234 | 172 | 116 |
| Reserves & Surplus | 54 | 36 | 38 |
| Total Borrowing | 32 | 43 | 28 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment, in full or in part, of certain borrowings availed by the Company –
- To meet working capital requirements –
- General Corporate Purposes –
Company Overview
Incorporated in 1996, Eleganz Interiors Limited is engaged in the business of Interior solutions to Corporate, laboratories, airport lounge etc.
The company specializes in providing fit-out solutions for corporate and commercial spaces, including corporate offices, research and development facilities, laboratories, airport lounges, flexible workspaces, and commercial retail spaces.
The company bids for domestic tenders issued by large domestic and multinational corporations, project management consultants, and international property consultants for design and build (D&B) and general contracting (GC) services.
The company employs a team of qualified engineers, architects, designers, and project management professionals, supported by third-party consultants to ensure timely project completion, compliance, and quality standards.
Business Segment:
Design & Build services: The company offers end-to-end design and build services, including design, shop drawings, resource planning, execution, and post-project support.
General Contracting (“GC”) services: The company’s GC services include civil, mechanical, electrical work, and final refinements such as installation, finishes, inspection, and touch-ups.
The company has completed over 200 projects, totaling more than 45 lakh Sq Ft of development. As of December 31, 2024, the order book includes 47 ongoing projects across 12 cities.
As on December 30, 2024, the Company had 63 permanent employees and had engaged 380 persons on retainership basis.
Competitive Strengths:
- Experienced and qualified designing, engineering and execution team
- Proven track record of diversified service offerings encompassing a wide range of industries
- Adhering quality standards and sustainable development practices
- Strong footprint at key economic hubs in India
- In-house woodwork facility
- Experienced Promoter and senior management team