Business Standard

Interiors & More Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

42.00 cr

Price Range (₹)

227

Lot Size

600

Min Investment (₹)

1,36,200.00

Listing Exchange

NSE - SME

Open Date

15-Feb-2024

Close Date

20-Feb-2024

Listing Date

23-Feb-2024

Interiors & More Ltd News

    The Shares of Interiors & More Ltd have now been listed.

    Interiors & More Ltd IPO Details

    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 to Rs. 2.11 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 17,57,400 equity shares aggregating to Rs. 39.89 crores (the Net Issue). The issue and the net issue will constitute 26.45% and 25.12% respectively of the post issue paid-up equity share capital of the company. Face value of equity share is Rs. 10.00 each and the issue price is 22.7 times of the face value of the equity shares. Bid can be made for minimum of 600 equity shares and the multiples of 600 equity shares thereafter. *Subject to finalization of basis of allotment.

    Objective of issue

    Repayment/Prepayment of Certain Debt Facilities. Working Capital Requirements. General Corporate Purposes.

    Interiors & More Ltd Contact Details

    Interiors & More Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@inm.net.in

    Website - www.inm.net.in