₹ 130000
₹123- ₹130
1000
₹120
-6
11 Feb 2025
Download13 Feb 2025
14 Feb 2025
Application Details
Eleganz Interiors Limited is launching its IPO from February 7, 2025, to February 11, 2025. The company has set a price band of ₹123 to ₹130 per share with a lot size of 1,000 shares. The total issue size comprises 60,05,000 shares, aggregating up to ₹78.07 crore, entirely as a fresh issue.
This Book Built Issue IPO will be listed on NSE SME, with key dates including the basis of allotment on February 12, 2025, refunds and credit of shares to Demat accounts on February 13, 2025, and the listing date on February 14, 2025.
For retail investors, the minimum and maximum investment amount is ₹1,30,000 for 1,000 shares, while HNIs must apply for at least 2,000 shares (₹2,60,000). The IPO reservation includes 50% for QIBs, 35% for retail investors, and 15% for HNIs.
About Eleganz Interiors Limited (SME IPO)
Eleganz Interiors Limited, incorporated in 1996, specializes in providing interior fit-out solutions for corporate offices, laboratories, airport lounges, flexible workspaces, and commercial spaces. The company caters to domestic and multinational corporations through tenders for design and build (D&B) and general contracting (GC) services.
Its business segments include Design & Build services, which offer end-to-end project execution, from design and planning to final implementation, and General Contracting services, covering civil, mechanical, and electrical works, along with finishing and inspections. Eleganz employs skilled engineers, architects, and project managers, supported by third-party consultants, to ensure compliance and quality.
With over 200 completed projects spanning more than 45 lakh sq. ft., the company has built a strong market presence. As of December 31, 2024, it has 47 ongoing projects across 12 cities, reinforcing its commitment to delivering high-quality interior solutions.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.