Skip to content

Allotment

Eleganz Interiors Limited

Eleganz Interiors is launching an IPO through a book-building issue of ₹78.07 crore, comprising entirely a fresh issue of 0.60 crore shares. The proceeds from the issue will be used by the company to fund its growth and expansion plans.

Issue Details
The price band for the IPO is set at ₹130 per share. Investors can bid for a minimum of 1,000 shares and in multiples thereof. For retail investors, the minimum investment is ₹1,30,000 (based on the upper price), while High Net Worth Individuals (HNIs) must invest in 2 lots (2,000 shares) totaling ₹2,60,000.

Timeline
The IPO opened on February 7, 2025, and closed on February 11, 2025. The allotment was finalized on February 12, 2025, and the shares were subsequently listed on NSE SME on February 14, 2025.

Key Participants
Vivro Financial Services Pvt. Ltd. acted as the Book Running Lead Manager, Bigshare Services Pvt. Ltd. is the Registrar of the Issue, and Rikhav Securities Ltd. serves as the Market Maker, ensuring smooth trading and liquidity post-listing.

Eleganz Interiors Limited IPO & Charts
₹130

0%

Open

₹130

HIgh - Low

₹130

Previous Close

₹130

Total Traded Value

0

52 Weeks High

₹130

52 Weeks Low

₹130

Updates On

Feb 1, 2025

IPO. Open

Feb 7, 2026

IPO. Close

Feb 11, 2026

IPO. Price

₹130.00

IPO Market price

₹293.80 Cr

IPO Details

IPO Date 14 Feb
IPO Listing Date 14 Feb
IPO Face Value ₹10 per share
IPO Price Range ₹130.00
IPO Issue Size 60,05,000 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 1,65,94,626 shares

IPO Timeline

IPO Open Date 7 Feb
IPO Close Date 11 Feb
IPO Allotment (Tentative) 12 Feb
Refunds 13 Feb
Credit to Demat Account 13 Feb
IPO Listing Date 14 Feb

IPO Reservation

Category Offer
QIB Shares Offered 28,51,000 Shares
NII (HNI) Shares Offered 8,56,000 Shares
Retail Shares Offered 19,97,000 Shares

IPO Lot Size

Investors may apply for a minimum of 1,000 shares and in multiples of 1,000 shares thereafter.

Application Lots Share Amount
Retail (Min) 1 1,000 ₹1,30,000
Retail (Max) 1 1,000 ₹1,30,000
S-HNI (Min) 2 2,000 ₹2,60,000
S-HNI (Max) - - -
B-HNI (Min) - - -
About Company

Incorporated in 1996, Eleganz Interiors Limited provides comprehensive interior solutions for corporate offices, laboratories, airport lounges, flexible workspaces, and commercial retail spaces. The company specializes in fit-out solutions for domestic and multinational clients, delivering high-quality design and execution services across various commercial environments.

Business Operations
Eleganz Interiors participates in domestic tenders issued by large corporations, project management consultants, and international property consultants for Design & Build (D&B) and General Contracting (GC) services. Its Design & Build segment offers end-to-end solutions, including design, shop drawings, resource planning, execution, and post-project support. The General Contracting segment handles civil, mechanical, and electrical work, as well as final refinements, installation, inspection, and finishing touches.

Projects and Workforce
The company has successfully completed over 200 projects, covering more than 45 lakh sq. ft. of development. As of December 31, 2024, it had 47 ongoing projects across 12 cities. The company employs 63 permanent employees and engages an additional 380 professionals on a retainership basis, including engineers, architects, designers, and project management experts, supported by third-party consultants to ensure timely delivery and compliance with quality standards.

Competitive Strengths
Eleganz Interiors’ key strengths include an experienced and qualified design and execution team, a proven track record across diverse industries, adherence to quality and sustainable development standards, a strong presence in key economic hubs of India, an in-house woodwork facility, and a capable promoter and senior management team.

-

Company Financials (Consolidated)

Assets 233.99 172.12 116.19
Total Income 192.4 223.09 191.17
Profit After Tax 9.53 12.21 10.31
EBITDA - - -
NET Worth 70.9 51.37 39.16
Reserves and Surplus 54.31 36.01 38.2
Total Borrowing 31.7 42.8 28.23

Key Performance Indicator (KPI)

ROE 26.96%
ROCE 24.23%
Debt/Equity 0.83
RoNW 26.96%
PAT Margin 5.52%
EBITDA Margin -
Price to Book Value -
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 30
3 To meet out the General Corporate Purposes; 15.35
4 Offer for Sale (OFS) -

Contact Details

Eleganz Interiors Ltd. Address
Gala Nos. 1 – 7, Ground Floor, Sarita ‘B’,
Prabhat Industrial Estate, Western Express Highway
Dahisar (E)
Mumbai, Maharashtra, 400068
+91-22-28960081
cs@eleganz.co.in
http://www.eleganz.co.in/

Detail Registrar

IPO Registrar

Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html

Compare:

Back To Top