IPO Details
Bidding Dates
15 Feb 24 - 20 Feb 24
Price Range ₹
216 - 227
Total Equity
₹ 42.00Cr
Lot Size
600
Exchange Status
BSE,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
15 Feb 2024
Offer end
20 Feb 2024
Allotment
21 Feb 2024
Refund initiation
22 Feb 2024
Demat transfer
22 Feb 2024
Listing
23 Feb 2024
Offer start
15 Feb 2024
Offer end
20 Feb 2024
Allotment
21 Feb 2024
Refund initiation
22 Feb 2024
Demat transfer
22 Feb 2024
Listing
23 Feb 2024
About Company
Incorporated in June 2012, Interiors & More Limited specializes in trading, importing, and selling artificial flowers. The company not only trades but also manufactures quality artificial flowers, plants, and decor items for both residential and commercial spaces. Situated in Gujarat, its manufacturing facility is fully equipped with all necessary tools for production, quality control test equipment, and additional handling supplies to ensure efficient assembly and streamlined logistics. Over the years, the company has expanded its presence to multiple locations, including Mumbai and Delhi, while its factory operates from Umbergaon.
Year Founded
30-07-2012
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 95.08 | 69.93 |
| Share Capital | 4892100 | 4892100 |
Offer to Public
18,50,000.00 Cr
Project Details
- Repayment/Prepayment of Certain Debt Facilities - 49.605cr
- General Corporate Purposes - 88.106cr
- Working Capital Requirements - 330.483cr
Objectives
- Repayment/Prepayment of Certain Debt Facilities.Working Capital Requirements.General Corporate Purposes.
Highlights
- Interiors & More Limited offers a wide range of artificial flowers, plants, and decor items for homes and offices, catering to diverse customer preferences and increasing its market appeal.
- The company operates two well-equipped manufacturing units in Umargam and Umbergaon, Gujarat, enabling efficient production processes and ensuring product quality.
- With locations in Mumbai, Delhi, and Umbergaon, Interiors & More Limited has expanded its presence across key markets in India, enhancing accessibility to customers and potential business opportunities.
- The company curates exhibitions across India, providing a platform to showcase its products to a wider audience and fostering brand visibility and recognition.
- With 93 permanent employees as of December 31, 2023, Interiors & More Limited benefits from a skilled and dedicated workforce capable of supporting its manufacturing and operational activities.
Challenges
- The artificial flowers and decor industry is highly competitive, with numerous players offering similar products. Interiors & More Limited may face challenges in differentiating its offerings and maintaining market share.
- Operating multiple manufacturing units and managing administrative functions may incur significant operational costs for the company, impacting its profitability.
- Dependency on suppliers for raw materials and components may expose the company to supply chain disruptions, such as delays or shortages, affecting production schedules and customer deliveries.
- Demand for artificial flowers and decor items may be seasonal, with fluctuations in consumer preferences and buying patterns, leading to potential revenue variability for the company.
- Interiors & More Limited's performance may be sensitive to economic downturns or fluctuations, as consumer spending on non-essential items like decor may decrease during challenging economic conditions.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 6,605.86 | 699.54 | 704.65 | 704.65 | 10.073 |
| 2023 | 3,094.63 | 171.50 | 604.41 | 604.41 | 11.7475 |
