Interiors IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

Interiors

CMP

282.00

+22.00 (8.46%)

  • DRHP
₹227

Offer Price

₹ 42.00 Cr

Issue Size

₹ 1,36,200

Min Investment

600

Lot size

Time Line

  • 15
    Feb 2024
    Open
  • 20
    Feb 2024
    Close
  • 21
    Feb 2024
    Finalisation of Basis of Allotment
  • 22
    Feb 2024
    Initiation of Refunds
  • 22
    Feb 2024
    Transfer of Shares to Demat Account
  • 23
    Feb 2024
    Listing Date

Objects of the Offer

  • Focus on Increase in Volume of Sales.

  • Improving operational efficiencies.

  • Customer Centric Operations.

  • Enhance customer base and to establish long-term relationships.

  • To build-up a professional organization.

Products & Services

  • The Company focused on trading artificial flowers, importing them and selling them domestically.

Strengths

  • Market Demand.

  • Competitive Landscape.

  • Innovation and Design Capabilities.

  • Manufacturing and Supply Chain.

  • Distribution and Sales Channels.

Risks

  • There are outstanding legal proceedings involving the Company, Promoters and Directors. Any adverse decision in such proceeding may have a material adverse effect on its business, results of operations and financial condition.

  • Its Registered Office, Factory, Showroom and its Warehouses are not owned by it. The same are occupied by it on a lease basis. Disruption of its rights as lessee or termination of the agreements with its lessor would adversely impact its operations and, consequently, its business.

  • Its product is subject to frequently changing designs, patterns, customer requirements and tastes, its inability to meet such needs or preferences may affect the company`s business.

  • Any inability to pass on increased price of the raw material, used for manufacturing its products may affect its profitability.

  • The company is dependent on various kinds of Supplier for the supply of raw materials, services and finished goods.

Company Promoters

Promoters Holding

Issue For IPO
22.84%
Pre Holding

86.34%

Post Holding

63.50%

Top Promoters Holding

Financials

All values in Cr

Mar-2021 Mar-2022 Mar-2023 3-Yr trend
Revenue 6.79 (-) 20.38 (200.20%) 36.41 (78.70%)
Gross Profit 6.79 (-) 20.38 (200.20%) 36.41 (78.70%)
Net Income 6.79 (-) 20.38 (200.20%) 36.41 (78.70%)
Assets 6.79 (-) 20.38 (200.20%) 36.41 (78.70%)
Liabilities 6.79 (-) 20.38 (200.20%) 36.41 (78.70%)

Book Running Managers

  • Gretex Corporate Services Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

# 7 Ground Floor Kumtha Street,
Ballard Estate Fort Mumbai GPO,
Mumbai - 400001
Phone : +91 022-4749 9811 Email : info@inm.net.in www.inm.net.in

Offer Related Information

Initial public offer of 18,50,400* equity shares of face value of Rs. 10.00 each ("Equity Shares") of Interiors & More Limited (the "Company" or the "Issuer") for cash at a price of Rs. 227.00 per equity share including a share premium of Rs. 217.00 per equity share (the "Issue Price") aggregating to Rs. 42.00 crores ("The Issue"). The issue shall constitute 26.45% of the post-issue paid-up equity share capital of the company. The issue includes a reservation of 93,000 equity shares aggregating... More

Take your research to the next level.
Login now to unlock Exclusive Features!

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: