Rahul Khanna
Eleganz Interiors IPO‘s open date is February 7, 2025, and the IPO will close on February 11, 2025. Eleganz Interiors IPO is a Book Built Issue. The Company is to raise around ₹78.06 crores via IPO that contains the fresh issue of ₹78.06 crores besides an offer for sale up to equity shares with a face value of ₹10 each.
Eleganz Interiors IPO price band is ₹123 to ₹130 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%—Eleganz Interiors IPO to list on NSE on February 14, 2025. The allotment of Eleganz Cores IPO date is February 12, 2025.
The Company described revenue of ₹223.09 crores in 2024 against ₹191.17 crore in 2023. The Company reported a profit of ₹12.21 crores in 2024 against a profit of ₹10.31 crores in 2023. As per the financials, the IPO investors would apply for the IPO for the long term.
About Eleganz Interiors IPO
Founded on April 18, 1996, Eleganz Interiors, one of the mounting companies engaged in the business of only interior fit-out solutions for corporate and commercial places consisting of corporate offices, research & development facilities, laboratories, Airport lounges, Lithe workspace, and commercial retail space. Eleganz Interiors is committed to providing interior fit-out solutions and focuses on generating attractive and functional spaces across India.
The Company offers services from bare shells to fully furnished areas; their amenities include Design & Build services (“D&B”) and General Contracting (“GC”) services. Under D&B Design & Build Services, the Company conceals services such as designing, shop drawings of the projects, resource planning & procurement of materials, project execution, final walkthrough & handing over the projects and providing post-project support. But GC covers civil and interior solutions such as plumbing, plastering, painting, carpentry, polishing, mechanical work, electric work, HVAC, and final project refinements. As of September 30, 2024, Eleganz Interiors has completed over 200 projects.
Objects of the Issue
- Repayment of a portion of certain outstanding borrowings availed by our Company
- Utilization of working capital foods of our Company
- General Corporate Purposes
Company Address
- Eleganz Interiors Limited
- Gala Nos. 1-7, Ground Floor, Sarita’ B’,
- Prabhat Industrial Estate, W. E. Highway,
- Dahisar (E), Mumbai, Maharashtra, India, 400068
- Phone: +91- 22- 28960081
- E-mail: cs@eleganz.co.in
- Website: www.eleganz.co.in
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