Eleganz Interiors Limited IPO GMP

Eleganz Interiors is engaged in the business of providing interior fit-out solutions, dedicated towards crafting corporate & commercial spaces which includes corporate offices, research & development facilities, laboratories, Air port lounges, Flexible work space and commercial retail space. Their services are focussed towards creating captivating and functional spaces on a pan India level. 

Eleganz Interiors, an Book Built Issue amounting to ₹ 78.06 Crores, consisting entirely an fresh issue of 60.05 Lakh Shares. The subscription period for the Eleganz Interiors IPO opens on February 7, 2025, and closes on February 11, 2025. The allotment is expected to be finalized on or about Wednesday, February 12, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, February 14, 2025.

The Share price band of Eleganz Interiors IPO is set at ₹ 123 to ₹ 130 per equity share. The Market Capitalisation of the Eleganz Interiors Limited at IPO price of ₹ 130 per equity share will be ₹ 293.79 Crores. The lot size of the IPO is 1,000 shares. Retail investors are required to invest a minimum of ₹ 1,30,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹ 2,60,000.

Vivro Financial Services Private Limited is the book running lead manager of the Eleganz Interiors IPO, while Bigshare Services Private Limited is the registrar for the issue. Rikhav Securities Limited is the Market Maker for Eleganz Interiors IPO.

Eleganz Interiors Limited IPO GMP Today
The Grey Market Premium of Eleganz Interiors Limited IPO is expected to be ₹ 28 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Eleganz Interiors Limited Day Wise IPO GMP Trend

Eleganz Interiors Limited IPO Live Subscription Status Today: Real-Time Update
As of 05:00 PM on 07 February, 2025, the Eleganz Interiors IPO live subscription status shows that the IPO subscribed 1.59 times on its First day of subscription period. Check the Eleganz Interiors IPO Live Subscription Status Today at NSE.

Eleganz Interiors Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Onlin
Eleganz Interiors IPO allotment date is 12 February, 2025, Wednesday. Eleganz Interiors IPO Allotment will be out on 12 February, 2025 and will be live on Registrar Website from the allotment date. Check Eleganz Interiors IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Eleganz Interiors Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Eleganz Interiors Limited IPO
Eleganz Interiors proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 2,500.00 Lakhs is required for Repayment, in full or in part, of certain borrowings availed by the Company;
2. ₹ 3,000.00 Lakhs is required for to meet working capital requirements; and
3. General Corporate Purposes.

Refer to Eleganz Interiors Limited DRHP for more details about the Company.