Eleganz Interiors Limited is engaged in the business of Interior solutions to Corporate, laboratories, airport lounge etc.
The company specializes in providing fit-out solutions for corporate and commercial spaces, including corporate offices, research and development facilities, laboratories, airport lounges, flexible workspaces, and commercial retail spaces.
The company bids for domestic tenders issued by large domestic and multinational corporations, project management consultants, and international property consultants for design and build (D&B) and general contracting (GC) services.
The company employs a team of qualified engineers, architects, designers, and project management professionals, supported by third-party consultants to ensure timely project completion, compliance, and quality standards.
The Company’s Business Segment:
Design & Build services: The company offers end-to-end design and build services, including design, shop drawings, resource planning, execution, and post-project support.
General Contracting (“GC”) services: The company’s GC services include civil, mechanical, electrical work, and final refinements such as installation, finishes, inspection, and touch-ups.
The company has completed over 200 projects, totaling more than 45 lakh Sq Ft of development. As of December 31, 2024, the order book includes 47 ongoing projects across 12 cities.
As on December 30, 2024, the Company had 63 permanent employees and had engaged 380 persons on retainership basis.
Eleganz Interiors IPO – Details
| IPO Opening Date | 07 February 2025 |
| IPO Closing Date | 11 February 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 60,05,000 Shares Worth ₹78.07 Crore Fresh Issue: 60,05,000 Shares Worth ₹78.07 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹123 – ₹130 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Eleganz Interiors IPO – Date Schedule
| IPO Open Date | 07 February 2025 |
| IPO Close Date | 11 February 2025 |
| Basis of Allotment | 12 February 2025 |
| Initiation of Refund | 13 February 2025 |
| Credit of Shares to Demat Account | 13 February 2025 |
| IPO Listing Date | 14 February 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 11, 2025 |
Eleganz Interiors IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,30,000 |
| Retail (Max) | 1 | 1000 | ₹1,30,000 |
| HNI (Min) | 2 | 2000 | ₹2,60,000 |
Competitive Strengths
- Experienced and qualified designing, engineering and execution team.
- Proven track record of diversified service offerings encompassing a wide range of industries.
- Adhering quality standards and sustainable development practices.
- Strong footprint at key economic hubs in India.
- In-house woodwork facility.
- Experienced Promoter and senior management team.
Company Promoters
- Sameer Akshay Pakvasa
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 155.34 | 150.23 | 5.09 | 22.62 |
| 31 March 2023 | 191.17 | 180.66 | 10.31 | 28.23 |
| 31 March 2024 | 223.08 | 207.00 | 12.20 | 42.80 |
| 30 September 2024 | 192.40 | 179.55 | 9.53 | 31.70 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 26.96% |
| ROCE | 24.23% |
| Debt/Equity | 0.83 |
| RoNW | 26.96% |
| PAT Margin | 5.52 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 7.36 | 8.44 |
| P/E (x) | 17.67 | 15.41 |
Object Of The Issue
- Repayment, in full or in part, of certain borrowings availed by the Company.
- To meet working capital requirements.
- General Corporate Purposes.
Eleganz Interiors IPO Promoter Holding
| Pre Issue Share Holding | 93.94% |
| Post Issue Share Holding | – |
Eleganz Interiors IPO Prospectus
- Eleganz Interiors IPO DRHP
- Eleganz Interiors IPO RHP
Company Contact Information
| Eleganz Interiors Limited Gala Nos. 1 – 7, Ground Floor, Sarita ‘B’, Prabhat Industrial Estate, Western Express Highway Dahisar (E), Mumbai – 400 068 Phone: +91-22-28960081 Email: cs@eleganz.co.in Website: http://www.eleganz.co.in/ |
Eleganz Interiors IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Eleganz Interiors IPO Lead Manager(s)
| 1. Vivro Financial Services Private Limited |
Eleganz Interiors IPO FAQs
| What is Eleganz Interiors IPO? Eleganz Interiors IPO is a SME IPO. The issue is priced at ₹123 to ₹130 per equity share. The IPO is to be listed on NSE SME. |
| When Eleganz Interiors IPO will open? The IPO is to open on 07 February 2025 for QIB, NII, and Retail Investors. |
| What is Eleganz Interiors IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Eleganz Interiors IPO? You can apply Eleganz Interiors IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Eleganz Interiors IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Eleganz Interiors IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Eleganz Interiors IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Eleganz Interiors IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Eleganz Interiors IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Eleganz Interiors IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Eleganz Interiors IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Eleganz Interiors IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Eleganz Interiors IPO Size? Eleganz Interiors IPO size is ₹78.07 Crore. |
| What is the Eleganz Interiors IPO Price Band? Eleganz Interiors IPO Price Band is ₹123 to ₹130. |
| What is Eleganz Interiors IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1000 Shares with ₹1,30,000 amount while the maximum bid is 1000 Shares with ₹1,30,000. |
| What is the Eleganz Interiors IPO Allotment Date? Eleganz Interiors IPO allotment date is 12 February 2025. |
| What is the Eleganz Interiors IPO Listing Date? Eleganz Interiors IPO listing date is 14 February 2025. The IPO is to be listed on NSE SME. |
