Eleganz Interiors Ltd IPO
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Eleganz Interiors Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 60.05 L | TBA | ₹ 19.96 L | ₹ 155.88 L | NSE | ₹ 78.07 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 07 Feb, 25 | 11 Feb, 25 | 1000 | ₹ 1,23,000 | Book Building - SME | 14 Feb, 25 |
Eleganz Interiors Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 9.78x | 2852000 | 27894000 |
| NII | 60.8x | 855600 | 52022000 |
| Retail | 21.45x | 1996400 | 42815000 |
| Employee | 0x | 0 | 0 |
| Total | 20.44x | 6005000 | 122731000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Eleganz Interiors Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 16.58 | 12.02 | 6.35 |
| EBITDA | 18.61 | 13.52 | 7.59 |
| PAT | 11.16 | 9.92 | 5.03 |
| Total Assets | 157.01 | 101.29 | 89.95 |
| Share Capital | 15.36 | 0.96 | 0.96 |
| Total Borrowings | 42.72 | 35.23 | 39.36 |
| Operating Activities (Net Cash) | 13.19 | 11.42 | 6.27 |
| Investing Activities (Net Cash) | 4.95 | 4.95 | 4.95 |
| Financing Activities (Net Cash) | 42.72 | 35.23 | 39.36 |
| Net Cashflow | 16.12 | 7.14 | 2.55 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Eleganz Interiors Ltd
Our Company was incorporated as Eleganz Interiors Private Limited as a Private Limited company in Mumbai under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated April 18, 1996, issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently, our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders at the Extra Ordinary General Meeting held on September 11, 2023, and the name of our Company was changed to Eleganz Interiors Limited. A fresh certificate of Incorporation consequent upon conversion from a Private Limited company to Public Limited company dated November 17, 2023, was issued by the Registrar of Companies, Mumbai. The Corporate Identification Number of our Company is U74140MH1996PLC098965.
The interior fit-out services segment within the construction space refers to the final stage of development, where the internal spaces of buildings are customized and equipped according to the client's requirements. This segment covers a wide range of activities, including space planning, electrical and mechanical installations, furnishing, and design elements, such as flooring, ceilings, and partitioning. The objective is to convert bare spaces, typically known as shell and core, into functional areas. In commercial real estate, interior fit-out services are vital for transforming offices, retail stores, and hospitality spaces into operational environments that meet the specific needs of businesses.
We are engaged in the business of providing interior fit-out solutions, dedicated towards crafting corporate & commercial spaces which includes corporate offices, research & development facilities, laboratories, amongst others. Our services are focussed towards creating captivating and functional spaces on a pan India level. We elevate the aesthetic and functional aspects of workspaces by delivering interior fit-out solutions. Our solutions range from bare shell to fully furnished commercial spaces. Our range of services include Design & Build services (D&B) and General Contracting (GC) services.
Peer Comparison:
- No Listed Industry Peers
Eleganz Interiors Ltd IPO Key Points
Strengths
- Proven track record of diversified service offerings encompassing a wide range of industries.
- Long term relationship with customers.
- Experienced and qualified designing, engineering and execution team.
- Professional and experienced management team.
- Diverse domain expertise with effective project integration capabilities.
Risk
- The number of orders the company has received in the past, its current Order Book and the company growth rate may not be indicative of the number of orders the company will receive in the future. Any delays in execution of its orders expose the company to time and cost overruns and variability in revenue, materiality and adversely impacting its revenue from operations, cash flows, financial condition and cash flows.
- The Company's derive a significant portion of its revenues from repeat clients. Any loss of, or a significant reduction in the number of repeat clients could adversely affect the company business, results of operations, financial conditions and cash flows.
- The Company's derives a significant portion of its revenues from a limited number of clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.
Strategy
- Increasing the size of projects and our pre- qualification to bid for larger projects.
- Focusing on Client centric approach.
- Expansion of our geographical footprint.
- Continue to enhance our core strengths by attracting, retaining and training qualified personnels.
- Efficient working capital management and increase financial efficiency.
- Proven track record of diversified service offerings encompassing a wide range of industries.
- Long term relationship with customers.
- Experienced and qualified designing, engineering and execution team.
- Professional and experienced management team.
- Diverse domain expertise with effective project integration capabilities.
How To Apply for Eleganz Interiors Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
