Eleganz Interiors Limited IPO Dates:
The Eleganz Interiors Limited IPO will remain open for subscription from February 7 to February 11, 2025. The allotment process is scheduled for February 12, 2025, and the listing will take place on the NSE SME platform on February 14, 2025.
Eleganz Interiors Limited IPO Price:
The Eleganz Interiors Limited IPO price has been fixed at ₹123 to ₹130 per share. Retail investors must bid for at least one lot, consisting of 1,000 shares, which means a minimum investment of ₹1.3 lakh.
Issue Size:
The Eleganz Interiors Limited IPO is aiming to raise a total of ₹78.07 crore at the upper price band.
Reservation and Allocation:
- 50% of the net issue is reserved for Qualified Institutional Buyers (QIBs).
- 35% is reserved for retail investors.
- 15% is reserved for non-institutional investors.
Eleganz Interiors Limited IPO Review: A Closer Look at the Investment Opportunity
The Eleganz Interiors Limited IPO review reveals a promising investment opportunity. Eleganz Interiors Pvt Ltd, known for its expertise in interior design, has experienced consistent financial growth. From ₹191.17 crore in revenue in 2023 to ₹223.09 crore in 2024, the company has maintained steady growth. Its profits also grew from ₹10.31 crore to ₹12.21 crore during the same period.
- Revenue Growth: ₹191.17 crore in 2023 to ₹223.09 crore in 2024.
- Profit Growth: ₹10.31 crore to ₹12.21 crore in the same timeframe.
- Return on Net Worth (RoNW): 26.96%
- Earnings Per Share (EPS): ₹7.95 (Basic)
With such financial performance, the Eleganz Interiors Limited IPO is a strong contender for investors looking for a stable investment with growth potential.
Eleganz Interiors Limited IPO Price Band and GMP: What’s at Stake
The Eleganz Interiors Limited IPO price range is set at ₹123 to ₹130 per share, which presents an accessible entry for retail investors. The Eleganz Interiors Limited IPO GMP stands at ₹35, suggesting a potential listing gain of 26.92% over the issue price. This is an attractive gain that makes the Eleganz Interiors Limited IPO even more appealing to those looking for early profits.
- Price Band: ₹123 to ₹130 per share.
- GMP: ₹35, indicating a 26.92% listing gain potential.
These figures provide a strong case for investors to consider taking part in this IPO.
About Eleganz Interiors Pvt Ltd: Leading the Interior Design Industry
Incorporated on December 18, 1996, Eleganz Interiors Pvt Ltd is a leading company in interior design and fit-out services. The company specializes in design-and-build solutions and general contracting services for a wide range of clients. With a solid track record of successful projects, Eleganz Interiors Pvt Ltd has proven its leadership in the industry.
- Company Founded: December 18, 1996.
- Service Focus: Design-and-build and general contracting.
The company’s ability to sustain and grow its business over the years positions it as a leader in the interior design sector.
Eleganz Interiors Limited IPO Review: Should You Invest?
The Eleganz Interiors Limited IPO review indicates a solid investment opportunity, especially given the company’s financial health and its potential for further growth. If you are looking for an IPO with strong financials and a reasonable price range, the Eleganz Interiors Limited IPO is worth considering. With the GMP suggesting a healthy listing gain, it’s an excellent time to invest in a growing company.
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Frequently Asked Questions (FAQ)
As of February 7, 2025, the GMP for the Eleganz Interiors Limited IPO is ₹35, indicating a potential listing gain of 26.92% over the issue price.
The price band for the Eleganz Interiors Limited IPO has been fixed at ₹123 to ₹130 per share.
The allotment is expected on February 12, 2025, and the listing is expected to happen on February 14, 2025, on the NSE SME platform.
Retail investors are required to apply for at least one lot, which consists of 1,000 shares, amounting to ₹1.3 lakh as the minimum investment.