The Interiors and More IPO started on February 15, 2024, and ended on February 20, 2024. Shares were allocated on February 21, 2024, and refund processes began on February 22, 2024. On February 22, 2024, the shares were credited to investors demat accounts. Interiors and More was officially listed on the stock exchange on February 23, 2024.
During the IPO, Interiors and More offered shares at a price range of ₹216 to ₹227 per share, and the lot size was 600 shares. The total issue size was ₹42.00 crores, with ₹42.00 crores from new shares. The IPO was listed on both the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Interiors & More IPO Subscription Update Video
Interiors and More IPO Subscription Status
The Interiors and More IPO on February 20, 2024 was subscribed 11.22 times, with the retail category being subscribed 7.41 times, the NII (Non-Institutional Investor) category being subscribed 30.32 times, the QIB (Qualified-Institutional Buyers) category being subscribed 3.54 times.
| Category | Subscription |
| QIB | 3.54x |
| NII | 30.32x |
| Retail | 7.41x |
| Total | 11.22x |
Interiors & More IPO Basic Details
| Company Name | Interiors and More Limited |
| Interiors and More IPO Open Date | February 15, 2024 |
| Interiors and More IPO Close Date | February 20, 2024 |
| Interiors and More IPO Allotment Date | February 21, 2024 |
| Interiors and More IPO Listing Date | February 23, 2024 |
| Face Value | ₹10 per share |
| Price | ₹216 to ₹227 per share |
| Lot Size | 600 Shares |
| Issue Size | 1,850,400 shares of ₹10 (aggregating up to ₹42.00 Cr) |
| Fresh Issue | 1,850,400 shares of ₹10 (aggregating up to ₹42.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Mr. Manish Mohan Tibrewal, Mr. Rahul Jhunjhunwala, Ms. Ekta Tibrewal, Ms. Puja Jhunjhunwala and Ms. Reena Jhunjhunwala |
About Interiors and More Limited
Founded in June 2012, Interiors & More Limited specializes in trading, importing, and selling high-quality artificial flowers. Our products cater to both homes and offices, bringing a touch of nature indoors.
Our manufacturing facility in Gujarat is fully equipped with the latest tools and quality control measures, ensuring efficient assembly and logistics. Over the years, we have expanded to Mumbai and Delhi, with our primary factory operating from Umbergaon.
With two well-equipped manufacturing units, one in Umargam (57,000 sq. ft.) and the other in Umbergaon (7,000 sq. ft.), we boast modern amenities such as computer systems, internet connectivity, security, and more for seamless business operations.
Explore our diverse product range, including Roses, Yellow Marigolds, Green Grass Mats, leaves, carnations, Hydrangea, Hanging orchids, Fountains, battery-operated Candles, Chandeliers, Wood and Glass vases, artificial trees, Furniture, and Tables.
Not just limited to products, Interiors & More Limited also curates exhibitions across India, showcasing our artistic creations.
As of December 31, 2023, our dedicated team comprises 93 permanent employees. Our main corporate office, situated in Fort, Mumbai, efficiently manages all administrative, reporting, and factory support needs.
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Interiors and More IPO FAQs
What is the start and end date of Interiors and More IPO Subscription?
The Interiors and More IPO started on February 15, 2024, and ended on February 20, 2024.
When does Interiors and More IPO Subscription open?
The Interiors and More IPO open on February 15, 2024.
When does Interiors and More IPO Subscription close?
The Interiors and More IPO Close on February 20, 2024.
What is the allotment date of Interiors and More IPO?
The allotment date for Interiors and More IPO is February 21, 2024.
When is the initial refund date of Interiors and More IPO?
The initial Refund date for Interiors and More IPO is February 22, 2024.
When were the shares credited to investors demat accounts for the Interiors and More IPO?
The shares for the Interiors and More IPO were credited to investors demat accounts on February 22, 2024.
When will Interiors and More IPO be listed on the stock market?
Interiors and More IPO stock market will be listed on February 23, 2024 at 10 am.
What was the price range of the Interiors and More IPO shares?
The Interiors and More IPO shares were offered at a price range of ₹216 to ₹227 per share.
What was the lot size for the Interiors and More IPO shares?
The lot size for the Interiors and More IPO shares was 600 shares.
What was the total issue size of the Interiors and More IPO?
The total issue size of the Interiors and More IPO was ₹42.00 crores.
How were the shares allocated among different types of investors for the Interiors and More IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Interiors and More IPO listed?
The Interiors and More IPO was listed on the NSE SME.
What is the Interiors and More IPO Subscription Status?
Interiors and More IPO is subscribed 11.22 Times.
