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TCS, HDFCBANK, SBI Liquid Fund (G)
Interiors & More Ltd.

INM

Equity

BSE,NSE

Min. Investment

2,16,000.00

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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

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

ParticularPre-IPOPost-IPO
Percentage95.0869.93
Share Capital48921004892100

Offer to Public

18,50,000.00 Cr

Project Details

  • General Corporate Purposes - 88.106cr
  • Repayment/Prepayment of Certain Debt Facilities - 49.605cr
  • 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

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
20233,094.63171.50704.65704.6510.073
20246,605.86699.54704.65704.6510.073
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