Eleganz Interiors IPO Details
The Eleganz Interiors IPO is a book build issue with a total issue size of ₹78.07 cr, comprising of fresh issue of 6005000 equity shares. Eleganz Interiors IPO opened for subscription on Feb 07, 2025 and closed on Feb 11, 2025. Eleganz Interiors IPO is set price band at ₹123 to ₹130 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹260,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Feb 12, 2025, and listed on the NSE on Feb 14, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Vivro Financial Services Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Eleganz Interiors IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 123 – 130
- Lot Size
- 1000
- Issue Size
- ₹78.07 Cr
- Minimum Investment
- ₹260000 (2000 Shares)
- Listing Date
- 14 February 2025
Current GMP
₹5 (+3.85%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Eleganz Interiors Limited
Eleganz Interiors Limited is a leading provider of interior fit-out solutions, specializing in designing and crafting corporate and commercial spaces such as offices, research & development facilities, laboratories, airport lounges, flexible workspaces, and retail spaces. The company offers a comprehensive range of services, including Design & Build (D&B) and General Contracting (GC).
Under D&B, Eleganz Interiors provides end-to-end solutions, from design and planning to procurement, execution, and post-project support. Their GC services encompass various areas, including civil, mechanical, and electrical works, as well as final refinements like furniture and signage installation. The company bids for and is awarded projects through work orders from large corporations, project management consultants, and international property consultants.
With a track record of completing over 200 projects totaling more than 45 lakh square feet of space, Eleganz Interiors currently manages 47 ongoing projects spread across 12 cities in India. The company’s diverse client base spans industries such as IT, banking, healthcare, FMCG, oil & gas, and education. Eleganz Interiors has consistently focused on high-quality execution and building strong, long-term relationships with clients, as demonstrated by the significant revenue derived from repeat clients.
The company is committed to sustainability and innovation, with several projects earning LEED Platinum and Gold certifications. Eleganz Interiors is also a founding member of the Indian Green Building Council (IGBC). Led by Sameer Akshay Pakvasa, who brings two decades of experience, the company benefits from a strong leadership legacy and a dedicated team of engineers, architects, and project managers, ensuring efficient project delivery and compliance with industry standards.
Eleganz Interiors IPO Promoters
- Sameer Akshay Pakvasa
Promoters Holding
Holding Pre Issue
93.94%
Holding Post Issue
0.00%
Eleganz Interiors IPO Objective
The Company intends to utilize the gross proceeds raised through the Issue for the following objects:
- Repayment, in full or in part, of certain borrowings availed by the Company
- To meet working capital requirements
- General Corporate Purposes
Address / Contact Info
Eleganz Interiors Limited
Gala Nos. 1-7, Ground Floor, Sarita 'B'
Prabhat Industrial Estate
W. E. Highway, Dahisar (E)
Mumbai, Maharashtra- 400068
Phone: +91-22-28960081
Email: cs@eleganz.co.in
Website: http://www.eleganz.co.in/
IPO Snapshot
Book Running Lead Managers
- Vivro Financial Services Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Eleganz Interiors IPO is a Book-building IPO with a total issue size of ₹78.07 crore. The Eleganz Interiors IPO price band is ₹123 to 130 per share. The Eleganz Interiors IPO subscription opens on Fri, Feb 7, 2025, and closes on Tue, Feb 11, 2025. The Eleganz Interiors IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Eleganz Interiors IPO.
The Eleganz Interiors IPO opens on Fri, Feb 7, 2025 and closes on Tue, Feb 11, 2025
Eleganz Interiors IPO Price Band is ₹123 to 130 per share.
Eleganz Interiors IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹260000 based on the upper price band
The minimum investment for Eleganz Interiors IPO is ₹260000, based on one lot of 1000 shares at the upper price band of ₹130 per share.
Investors can apply for the Eleganz Interiors IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Feb 11, 2025. The application amount remains blocked until the Eleganz Interiors IPO allotment is finalized.
Eleganz Interiors IPO issue size is ₹78.07 crores.
Eleganz Interiors IPO allotment date is Wed, Jul 1, 2026.
The registrar for Eleganz Interiors IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Eleganz Interiors IPO allotment status, refund processing, and other IPO-related information.
The Eleganz Interiors IPO GMP (Grey Market Premium) is ₹5 as of Fri, Feb 14, 2025. Based on the upper price band of ₹130 per share, the estimated Eleganz Interiors IPO listing price is ₹135, indicating a potential listing gain of approximately 0% over the issue price.