Interiors and More Limited IPO (Interiors and More IPO)

Interiors and More IPO
Upcoming Interiors and More IPO | New Interiors and More IPO

Interiors & More Limited trades, imports, and sells artificial flowers. The company manufactures and trades quality artificial flowers, plants, and decor items for homes and offices.

The manufacturing facility, which 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, is located in Gujarat.

The company offers various products, including artificial flowers such as Roses, Yellow Marigolds, Green Grass in Mats, green Leaves, carnations, Hydrangea, and Hanging orchids. In addition, the company trades in Fountains, battery-operated Candles, Chandeliers, vases made of Wood and Glass, artificial trees, Furniture, and Tables.

The company has expanded to various locations over the years, including Mumbai and Delhi, with the factory operating from Umbergaon.

The company has two well-equipped manufacturing units. One is located in Umargam, Gujarat and measures 57,000 Sq. ft. The other unit is situated in Umbergaon, Gujarat and measures 7,000 Sq. ft. Both units have computer systems, internet connectivity, communication equipment, security, and other necessary facilities for our business operations to function smoothly.

As of December 31, 2023, the company has 93 permanent employees.

Interiors and More IPO

Interiors and More IPO – Details

IPO Opening Date15 February 2024
IPO Closing Date20 February 2024
Issue TypeBook Built Issue IPO
Issue Size18,50,400 Shares Worth ₹42.00 Crore
Fresh Issue: 18,50,400 Shares Worth ₹42.00 Crore
Face Value₹10 per equity share
IPO Price₹216 – ₹227
Market Lot600 Shares
Min Order600 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

Interiors and More IPO – Date Schedule

IPO Open Date15 February 2024
IPO Close Date20 February 2024
Basis of Allotment21 February 2024
Initiation of Refund22 February 2024
Credit of Shares to Demat Account22 February 2024
IPO Listing Date23 February 2024
Cut-off time for UPI mandate confirmation5 PM on Feb 20, 2024

Interiors and More IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)1600₹1,36,200
Retail (Maximum)1600₹1,36,200
HNI (Minimum)21200₹2,72,400

Competitive Strengths

  • Market Demand.
  • Competitive Landscape.
  • Innovation and Design Capabilities.
  • Manufacturing and Supply Chain.
  • Distribution and Sales Channels.
  • Growth Opportunities.
  • Experienced Management Team.

Company Promoters

  • Mr. Manish Mohan Tibrewal
  • Mr. Rahul Jhunjhunwala
  • Ms. Ekta Tibrewal
  • Ms. Puja Jhunjhunwala
  • Ms. Reena Jhunjhunwala

Object Of The Issue

  • Repayment/Prepayment of Certain Debt Facilities.
  • Working Capital Requirements.
  • General Corporate Purposes.
Interiors and More IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20216.636.230.439.04
31 March 20229.988.551.0412.97
31 March 202325.2717.315.9214.39
31 December 202318.5313.663.5416.45
Amount in ₹ Crore

Key Performance Indicator

EPS (Rs)11.526.76
P/E (x)19.733.59

Interiors and More IPO Promoter Holding

Pre Issue Share Holding95.08%
Post Issue Share Holding69.93%

Interiors and More IPO Prospectus

Company Contact Information

Interiors and More Limited

Office No.7, Ground Floor, Kumtha Street,
off Shahid Bhagat Singh Road-Ballard Estate,
Fort Mumbai G.P.O. Mumbai – 400001

Phone: 022-47499811

Interiors and More IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Interiors and More IPO Lead Manager(s)

1. Gretex Corporate Services Limited

Interiors and More IPO FAQs

Interiors and More IPO FAQs
What is Interiors and More IPO?

Interiors and More IPO is a SME IPO. The issue is priced at ₹216 – ₹227 per equity share. The IPO is to be listed on NSE SME.
When Interiors and More IPO will open?

The IPO is to open on 15 February 2024 for QIB – 50%, NII – 15% and Retail – 35% Investors.
How to Interiors and More IPO?

You can apply Interiors and More 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 Interiors and More IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Interiors and More”. 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 Interiors and More IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Interiors and More”. 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 Edelweiss.
What is Interiors and More IPO Size?

Interiors and More IPO size is ₹42.00 crores.
What is Interiors and More IPO Price Band?

Interiors and More IPO Price Band is ₹216 – ₹227.
What is Interiors and More IPO Minimum and Maximum Lot Size?

The minimum bid is 600 Shares with ₹1,36,200 amount while the maximum bid is 600 shares with ₹1,36,200.
What is the Interiors and More IPO Allotment Date?

Interiors and More IPO allotment date is  21 February 2024.
What is the Interiors and More IPO Listing Date?

Interiors and More IPO listing date is 23 February 2024. The IPO is to list on NSE SME.
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