IPO Details
Bidding Dates
07 Feb 25 - 11 Feb 25
Price Range ₹
123 - 130
Total Equity
₹ 78.07Cr
Lot Size
1000
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
07 Feb 2025
Offer end
11 Feb 2025
Allotment
12 Feb 2025
Refund initiation
13 Feb 2025
Demat transfer
13 Feb 2025
Listing
14 Feb 2025
Offer start
07 Feb 2025
Offer end
11 Feb 2025
Allotment
12 Feb 2025
Refund initiation
13 Feb 2025
Demat transfer
13 Feb 2025
Listing
14 Feb 2025
About Company
Eleganz Interiors Limited, established in 1996, provides interior solutions for corporate offices, laboratories, airport lounges, flexible workspaces, and retail spaces. The company specializes in design and build (D&B) and general contracting (GC) services, bidding for tenders from large corporations and consultants. With a team of engineers, architects, and designers, Eleganz offers end-to-end services, including design, execution, and post-project support. It has completed over 200 projects, covering more than 45 lakh sq. ft., and currently has 47 ongoing projects in 12 cities. As of December 31, 2024, the company employs 63 permanent staff and 380 retainers.
Year Founded
18-04-1996
Promotor Details
Sameer Akshay Pakvasa
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 93.94 | 68.98 |
| Share Capital | 15588380 | 15588380 |
Offer to Public
60,05,000.00 Cr
Project Details
- Repayment of a portion of certain outstanding borrowings availed by our Company - 250cr
- Utilization towards working capital requirements of our Company - 300cr
Objectives
- Repayment, in full or in part, of certain borrowings availed by our Company
- To meet working capital requirements
- andGeneral Corporate Purposes.
Highlights
- Focus on comprehensive interior fit-out solutions across India.
- Provides end-to-end services, from design to execution, demonstrating strong capabilities.
- Proven expertise with over 200 completed projects.
- Established operational track record ensuring reliability.
- Potential risks include project delays, cost overruns, and dependency on the real estate sector.
Challenges
- Vulnerable to economic downturns impacting the construction and real estate sectors.
- Dependency on government and regulatory approvals, leading to potential project delays.
- Financial risks due to high leverage or poor credit management.
- Project execution challenges, including cost overruns and timeline deviations.
- Competitive pressure from established and emerging players in the industry.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2021 | 91,50,66,200.00 | 96,00,000.00 | 509.38 | 509.38 | 3.3163 |
| 2020 | 1,65,09,78,180.00 | 96,00,000.00 | 1,90,01,226.00 | 1,90,01,226.00 | 1.2371 |
| 2024 | 17,187.26 | 1,536.00 | 9,56,53,730.00 | 9,56,53,730.00 | 6.2275 |
| 2023 | 11,614.11 | 96.00 | 9,96,37,290.00 | 9,96,37,290.00 | 6.4868 |
| 2022 | 10,303.39 | 96.00 | -13,66,25,392.00 | -13,66,25,392.00 | -8.8949 |
