
Eleganz Interiors Limited
Eleganz Interiors Limited(ELGNZ)
Total Shares
60,05,000
Issue Size
₹78.06 Cr
Price Band
₹123 – ₹130
Lot Size
1000 shares
Min. Investment
₹1,30,000
Max. Investment
₹1,30,000
Open Date
07 Feb, 2025
Close Date
11 Feb, 2025
Allotment
12 Feb, 2025
Listing
14 Feb, 2025
Max. Investment
₹1,30,000
Announced
07 Feb, 2025
Opening Date
07 Feb, 2025
Closing Date
11 Feb, 2025
Basis of Allotment
12 Feb, 2025
Initiation of Refunds
13 Feb, 2025
Credit of Shares
13 Feb, 2025
Listing Date
14 Feb, 2025
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About Eleganz Interiors Limited IPO
Incorporated in 1996, 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, pro
Eleganz Interiors Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 36.2% increase in shares
Eleganz Interiors Limited IPO Financials Health
Eleganz Interiors Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹1,30,000 |
| Retail Maximum | 1 | 1000 | ₹1,30,000 |
| HNI Minimum | 2 | 2000 | ₹2,60,000 |
(All values in CR)
Eleganz Interiors Limited IPO Valuation
| Metric | Value |
|---|---|
| DEBT/EQUITY | 0.83 |
| EPS Post IPO | 8.44 |
| EPS Pre IPO | 7.36 |
| P/E Post IPO | 15.41 |
| P/E Pre IPO | 17.67 |
| PAT MARGIN | 5.52 |
| ROCE | 24.23% |
| ROE | 26.96% |
| RONW | 26.96% |
(All values in CR)
Strength & Risk of Eleganz Interiors Limited IPO
1. Proven track record of diversified service offerings encompassing a wide range of industries.
2. Long term relationship with customers.
3. Experienced and qualified designing, engineering and execution team.
4. Professional and experienced management team.
5. Diverse domain expertise with effective project integration capabilities.
6. Strong footprint at key economic hubs in India.
7. Strong and diversified Order Book.
1. The number of orders the company has received in the past, its current Order Book and the company growth rate may not be indicative of the number of orders the company will receive in the future. Any delays in execution of its orders expose the company to time and cost overruns and variability in revenue, materiality and adversely impacting its revenue from operations, cash flows, financial condition and cash flows.
2. The Company's derive a significant portion of its revenues from repeat clients. Any loss of, or a significant reduction in the number of repeat clients could adversely affect the company business, results of operations, financial conditions and cash flows.
3. The Company's derives a significant portion of its revenues from a limited number of clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.
4. The Company is significantly dependent on both skilled and unskilled labour for the execution of its projects and for its Manufacturing Facility. Any disruption to the supply of such labour, or its inability to control the composition and cost of its contract labor could adversely affect the company business, results of operations, financial condition and cash flows.
5. The Company depends on skilled talent across various functions to successfully execute projects and meet client standards. Any inability to retain or attract such qualified personnel could negatively affect its business operations.
6. The Company outsource certain operations of its business, such as transport, logistics and certain manufacturing activities, to third parties. Any failures by such third parties to deliver their services could have an adverse impact on its business, results of operations, financial condition and cash flows.
7. The Company's business and profitability are dependent upon the availability and the cost of its fit-out materials used in the projects and raw materials consumed in manufacturing process. Any disruption to the timely and adequate supply of such materials, or volatility in the prices of such materials may adversely impact on its business, results of operations, financial condition and cash flows.
8. Some of its historical corporate records are not traceable.
9. The company depends on third party suppliers for a steady supply of both, finished products for installation at project site and raw materials for manufacturing furniture items. The company does not have continuing or exclusive arrangements with any of its suppliers. Loss of suppliers or any failure by the company suppliers to make timely delivery of raw materials may have an adverse effect on its business, results of operations, financial condition and cash flows.
10. While the company has a diversified geographical presence, its projects have historically been concentrated in the state of Maharashtra and any changes affecting the policies, laws and regulations or the political and economic environment in the region may adversely impact its business, financial condition and results of operations.
Eleganz Interiors Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 17,10,000 | 17,10,000 | 22.23 |
| HNI | 60.77 | 8,56,000 | 5,20,22,000 | 676.29 |
| Market Maker | 1.00 | 3,01,000 | 3,01,000 | 3.91 |
| QIB | 24.45 | 11,41,000 | 2,78,94,000 | 362.62 |
| Retail | 21.44 | 19,97,000 | 4,28,15,000 | 556.6 |
| Total | 30.73 | 39,94,000 | 12,27,31,000 | 1 |
Eleganz Interiors Limited IPO GMP
Last updated 31 Jan, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 31 Jan, 2025 | 130 | ₹0 | -- | ₹130 (0.00%) | - | 31 Jan, 2025 |
| 01 Feb, 2025 | 130 | ₹0 | -- | ₹130 (0.00%) | - | 01 Feb, 2025 |
| 02 Feb, 2025 | 130 | ₹0▼ | -- | ₹130 (0.00%) | - | 02 Feb, 2025 |
| 03 Feb, 2025 | 130 | ₹40▼ | 30400 | ₹170 (30.77%) | - | 03 Feb, 2025 |
| 04 Feb, 2025 | 130 | ₹47▲ | 35700 | ₹177 (36.15%) | - | 04 Feb, 2025 |
| 05 Feb, 2025 | 130 | ₹35 | 26600 | ₹165 (26.92%) | - | 05 Feb, 2025 |
| 06 Feb, 2025 | 130 | ₹35 | 26600 | ₹165 (26.92%) | - | 06 Feb, 2025 |
| 07 Feb, 2025 | 130 | ₹35▲ | 26600 | ₹165 (26.92%) | - | 07 Feb, 2025 |
| 10 Feb, 2025 | 130 | ₹21▲ | 16000 | ₹151 (16.15%) | - | 10 Feb, 2025 |
| 11 Feb, 2025 | 130 | ₹10 | 7600 | ₹140 (7.69%) | - | 11 Feb, 2025 |
| 12 Feb, 2025 | 130 | ₹10▲ | 7600 | ₹140 (7.69%) | - | 12 Feb, 2025 |
| 13 Feb, 2025 | 130 | ₹5 | 3800 | ₹135 (3.85%) | - | 13 Feb, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
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