Eleganz Interiors IPO GMP Live, Open Date, Close Date, Price Band

Eleganz Interiors IPO open date is from February 7, 2025 to February 11, 2025. This new IPO is a book-built issue worth up to Rs 78.07 crores of equity shares. This upcoming IPO is offering entirely a fresh issue of up to 60.05 lakh equity shares, there is no offers for sale part included in this IPO. 

Eleganz Interiors IPO price band is Rs 123 – Rs 130 per share. As of now, Eleganz Interiors IPO live GMP is at 40, indicating mid bullish sentiment among investors for this IPO.

Eleganz Interiors IPO lot size is 1000 shares, and the allotment status will be finalised on Wednesday, February 12, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,30,000. The registrar for Eleganz Interiors IPO is Bigshare Services Private Limited. The listing date is Friday, February 14, 2025.

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Eleganz Interiors IPO GMP Live

Eleganz Interiors IPO GMP is at Rs 40. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at 170 per share. You can check the latest IPO Grey Market Premium today online.

If the subscription is oversubscribed, then Eleganz Interiors IPO GMP might rise in the coming days. Eleganz Interiors IPO GMP Live status will indirectly impact the sentiments of the IPO investors.

Eleganz Interiors IPO Price Band

Eleganz Interiors IPO price band is Rs 123 – Rs 130 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,30,000 (130 x 1000 shares). However, for the HNI category, the minimum investment amount required is 2,60,000 (130 x 2000 shares).

Eleganz Interiors Allotment Status

Eleganz Interiors IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Wednesday, February 12, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Eleganz Interiors Listing Date

Eleganz Interiors IPO listing date has been decided on Friday, February 14, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Eleganz Interiors IPO: Listing Date, Lot Size, Issue Size, Price Band

Eleganz Interiors IPO: About the Company

Eleganz Interiors Pvt. Ltd., established on April 18, 1996, is a distinguished interior design and architecture firm based in Mumbai, India. With nearly three decades of experience, the company specialises in a diverse range of services including custom furniture design, false flooring, electrical and plumbing works, and comprehensive interior solutions for both residential and commercial spaces.

Eleganz Interiors has built a reputation for its commitment to quality and innovation in interior contracting. The firm caters to various sectors such as corporate offices, retail spaces, and research facilities, ensuring that each project meets the unique needs of its clients. The company's approach combines aesthetic appeal with functional design, making it a preferred choice for many in the industry.

Under the leadership of experienced professionals like Akshay Pakvasa, Eleganz Interiors continues to expand its portfolio and enhance its service offerings, solidifying its position in the competitive interior design market.

Eleganz Interiors IPO Objectives

Eleganz Interiors IPO objectives include utilising the funding received from the fresh issue into various objectives, including repayment, in full or part of certain borrowings availed by the company, to meet working capital requirements and further to meet general corporate purposes.

Eleganz Interiors IPO: Key Dates, Allotment, Listing Date

Eleganz Interiors IPO Subscription status, IPO Reservation

Eleganz Interiors IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

Eleganz Interiors IPO Lot Size Details

Eleganz Interiors IPO lot size is set at 1000 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,30,000 (130 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,60,000 (130 x 2000 shares).

Eleganz Interiors IPO Promoter Holdings

Eleganz Interiors IPO promoter is Sameer Akshay Pakvasa. The promoter's combined shareholdings before the IPO was 93.94%; however, post-IPO, their shareholdings will decline.

Eleganz Interiors Limited Financials (Amt in Rs Cr)

Lead Manager and Registrar of Eleganz Interiors IPO

Eleganz Interiors PO lead manager is Vivro Financial Services Private Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply to the Eleganz Interiors IPO

Interested investors who want to apply to the Eleganz Interiors IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Eleganz Interiors IPO FAQs

1. What are the core details available of the Eleganz Interiors IPO?

Eleganz Interiors IPO is a book-built issue worth up to Rs 78.07 crores. The price band for this IPO is Rs 123 – Rs 130 per share. This upcoming IPO is offering entirely a fresh issue of up to 60.05 lakh equity shares.

2. What is the Eleganz Interiors IPO open date and close date?

Eleganz Interiors IPO subscription opens on Friday, February 7, 2025, and closes on Tuesday, February 11, 2025.

3. What is Eleganz Interiors IPO GMP Live?

Eleganz Interiors IPO GMP is at Rs 40. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be near at Rs 170 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Eleganz Interiors IPO Allotment status is available on its registrar, Bigshare Services Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers of Eleganz Interiors IPO?

Eleganz Interiors IPO lead manager is Vivro Financial Services Private Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?