Interiors & More Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 877,800 (47%) | — | ₹1,993 Cr |
| NII (HNI) | — | 264,000 (14%) | — | ₹599 Cr |
| Retail | — | 615,600 (33%) | — | ₹1,397 Cr |
| Market Maker | — | 93,000 (5%) | — | ₹21 Cr |
| Σ Total | — | 1,850,400 (100%) | — | ₹42,004 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 | 600 | ₹136,200 |
| Retail (Max) | 13 | 7,800 | ₹1,770,600 |
| S-HNI (Min) | 14 | 8,400 | ₹1,906,800 |
| B-HNI (Min) | 67 | 40,200 | ₹9,125,400 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,854 | 2,527 | 999 |
| Profit After Tax | 355 | 593 | 104 |
| Net Worth | 1,350 | 995 | 405 |
| Total Assets | 3,723 | 3,095 | 1,952 |
| Reserves & Surplus | 835 | 824 | 234 |
| Total Borrowing | 1,646 | 1,440 | 1,297 |
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/Prepayment of Certain Debt Facilities –
- Working Capital Requirements –
- General Corporate Purposes. –
Company Overview
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 its 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.