Interiors & More Limited

15 Feb 2024 - 20 Feb 2024 Individual Category SME IPO NSE

Min Investment

₹272400

Price Band

₹216-₹227

Issue Size

13.24 lakhs
Equity Shares

Lot Size

600 (per lot)

IPO Dates
img

15 Feb 2024

Open Date

img

20 Feb 2024

Close Date

img

21 Feb 2024

Allotment Date

img

23 Feb 2024

Listing Date

Interiors and More Limited IPO 2024 is open for subscription from Thursday, February 15, 2024 and will close on Tuesday, February 20, 2024. The price band is decided at Rs 216 to Rs 227 per share. The minimum lot size of this application for the retail category is 600 shares. Whereas, the minimum lot size for HNI category is 2 lots consisting of 1200 shares. The minimum amount of investment required for retail category investors is Rs 1,36,200 (227 x 600 shares). However for HNI category the minimum investment amount is required Rs 2,72,400 (227 x 1200 shares). Interiors and More Limited IPO 2024 is a book built issue of Rs 42 crores. The issue is entirely a fresh issue of 18.5 lakh equity shares. The allotment for this IPO is expected to be finalized on Wednesday, February 21, 2024. Interiors and More Limited IPO will list on NSE SME and listing date fixed on Friday, February 23, 2024. The book running lead manager of Interiors and More Limited IPO is Gretex Corporate Services Limited. The registrar for this IPO is Bigshare Services Private Limited. The market maker for the Interiors and More Limited IPO is Gretex Share Broking.

Know Before Investing

Strengths icon

Weaknesses icon

About Interiors & More Limited

Interiors and More company founded in 2012, It engaged in a business of trading, importing and selling artificial flowers. Company manufactures and trades quality artificial flowers, plants and decor items for home and offices. The manufacturing facility 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. The main business comes from artificial flowers. It is commonly used in weddings, celebrations, corporate settings and home decor. Company has been serving businesses of all sizes for over a decade. Company gets raw material from both domestic and foreign markets. Their business had grown because of the creative and constantly reviewed marketing tactics. Company offers various products in artificial roses, Yellow Marigolds, Green Grass in Mats, green leaves, carnations etc.  Their expertise in stirring high-quality materials, manufacturing realistic-looking flowers, and meeting customer demands has contributed to their success in this area. As of December 31, 2023 the company had 93 permanent employees.

Founded

Managing Director

Parent Organization

IPO Objectives

The funds raised from the issue will be utilized for the prepayment and repayment of certain secured and unsecured loans availed by the company. Moreover, the working capital requirements will also be met. Other than this, General corporate expenses and offer expenses will also be covered.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account