Last updated on February 23, 2024
Interiors and More IPO description – Incorporated in 2012, Interiors & More is engaged in trading, importing, and selling artificial flowers. The company specializes in manufacturing and trading high-quality artificial flowers, plants, and decor items for homes and offices. The manufacturing facility, fully equipped with all necessary production tools, testing equipment for quality control, and additional handling supplies to facilitate efficient assembly and streamlined logistics, is located in Gujarat.
Items produced under the brand name Interiors & More include molded birds hanging in the air, artificial flowers of different shapes including roses, yellow marigolds, green grass mats, green leaves, carnations, hydrangeas, and hanging orchids. Additionally, the company trades in fountains, battery-operated candles, chandeliers, wooden and glass vases, artificial trees, furniture, and tables.
As of 31 December 2023, the organization employs 93 permanent employees. The company’s main corporate office is located in Fort, Mumbai, where it handles all administrative and reporting needs, as well as factory support.
Promoters of Interiors & More – Mr. Manish Mohan Tibrewal, Mr. Rahul Jhunjhunwala, Ms. Ekta Tibrewal, Ms. Puja Jhunjhunwala, and Ms. Reena Jhunjhunwala
Table of Contents
Interiors and More IPO Details
| Interiors & More IPO Dates | 15 – 20 February 2024 |
| Interiors & More Issue Price | INR 216 – 227 per share |
| Fresh issue | 1,850,400 shares (INR 39.97 – 42.00 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,850,400 shares (INR 39.97 – 42.00 crore) |
| Minimum bid (lot size) | 600 shares (INR 136,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Interiors & More Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 9M FY 2024 |
| Revenue | 6.43 | 9.89 | 24.86 | 18.43 |
| Expenses | 6.24 | 8.55 | 17.31 | 13.66 |
| Net income | 0.43 | 1.04 | 5.93 | 3.55 |
Interiors & More Offer News
- Interiors & More RHP
- Interiors & More Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Interiors & More Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.42 | 2.03 | 11.52 |
| PE ratio | – | – | 18.75 – 19.70 |
| RONW (%) | 21.40 | 25.78 | 59.57 |
| NAV | 6.62 | 7.87 | 19.34 |
| ROCE (%) | 7.51 | 14.60 | 75.58 |
| EBITDA (%) | 16.46 | 26.31 | 38.08 |
| Debt/Equity | 3.01 | 3.20 | 1.45 |
Interiors & More IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 22 February 2024 | 15 | – | – |
| 21 February 2024 | 5 | – | – |
| 20 February 2024 | 5 | – | – |
| 19 February 2024 | 5 | – | – |
| 17 February 2024 | 10 | – | – |
| 16 February 2024 | 10 | – | – |
| 15 February 2024 | 7 | – | – |
| 14 February 2024 | 7 | – | – |
| 13 February 2024 | 10 | – | – |
Interiors and More IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 351,600 | 264,000 | 615,600 | 1,231,200 |
| 20 Feb 2024 | 3.54 | 30.67 | 7.41 | 11.29 |
| 19 Feb 2024 | 0.00 | 1.04 | 1.35 | 0.90 |
| 16 Feb 2024 | 0.00 | 0.62 | 0.71 | 0.49 |
| 15 Feb 2024 | 0.00 | 0.08 | 0.36 | 0.20 |
The market maker reservation portion of 93,000 shares is not included in the above calculations.
Interiors & More IPO Allotment Status
Interiors & More IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Interiors & More IPO Dates & Listing Performance
| IPO Opening Date | 15 February 2024 |
| IPO Closing Date | 20 February 2024 |
| Finalization of Basis of Allotment | 21 February 2024 |
| Initiation of refunds | 22 February 2024 |
| Transfer of shares to demat accounts | 22 February 2024 |
| IPO Listing Date | 23 February 2024 |
| Opening Price on NSE SME | INR 270 per share (up 18.94%) |
| Closing Price on NSE SME | Coming soon |
Interiors & More Offer Lead Manager
GRETEX CORPORATE SERVICES LIMITED
Office No. 13, 1st Floor,
New Bansilal Building, Raja Bahadur Mansion,
9-15, Homi Modi Street, Fort, Mumbai– 400001
Phone: +91 96532 49863
Email:Â [email protected]
Website:Â www.gretexcorporate.com
Interiors & More Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
Interiors & More Contact Details
INTERIORS & MORE LIMITED
Office No.7, Ground Floor, Kumtha Street,
off. Shahid Bhagat Singh Road, Ballard Estate,
Fort Mumbai G.P.O. Mumbai – 400001, Maharashtra
Phone: 022-47499811
E-mail: [email protected]
Website: www.inm.net.in
IPO FAQs
What is the Interiors & More offer size?
Interiors & More offer size is INR 39.97 – 42.00 crores.
What is the Interiors & More offer price band?
Interiors & More public offer price is INR 216 – 227 per share.
What is the lot size of the Interiors & More IPO?
Interiors & More offer lot size is 600 shares.
What is Interiors & More IPO GMP today?
Interiors & More IPO GMP today is INR 15 per share.
What is the Interiors & More kostak rate today?
Interiors & More kostak rate today is NA per application.
What is Interiors & More Subject to the Sauda rate today?
Interiors & More is Subject to the Sauda rate today is INR NA per application.
