| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹78.07 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹78.07 Cr |
| Fresh Issue | ₹74.15 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน123.00-130.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ELGNZ |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Vivro Financial Services Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
Incorporated in 1996, Eleganz Interiors Limited is engaged in the business of Interior solutions to Corporate, laboratories, airport lounge etc.
The company specializes in providing fit-out solutions for corporate and commercial spaces, including corporate offices, research and development facilities, laboratories, airport lounges, flexible workspaces, and commercial retail spaces.
The company bids for domestic tenders issued by large domestic and multinational corporations, project management consultants, and international property consultants for design and build (D&B) and general contracting (GC) services.
The company employs a team of qualified engineers, architects, designers, and project management professionals, supported by third-party consultants to ensure timely project completion, compliance, and quality standards.
Business Segment:
Design & Build services: The company offers end-to-end design and build services, including design, shop drawings, resource planning, execution, and post-project support.
General Contracting (“GC”) services: The company’s GC services include civil, mechanical, electrical work, and final refinements such as installation, finishes, inspection, and touch-ups.
The company has completed over 200 projects, totaling more than 45 lakh Sq Ft of development. As of December 31, 2024, the order book includes 47 ongoing projects across 12 cities.
As on December 30, 2024, the Company had 63 permanent employees and had engaged 380 persons on retainership basis.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment of a portion of certain outstanding borrowings availed by Company | 25.00 |
| 2 | Utilization towards working capital requirements of Company | 30.00 |
| 3 | General Corporate Purposes | 15.35 |
| 4 | Issue expenses | 7.72 |
| Total | 78.06 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 233.99 | 172.12 | 116.19 | 103.03 |
| Total Income | 192.40 | 223.09 | 191.17 | 155.34 |
| Profit After Tax | 9.53 | 12.21 | 10.31 | 5.09 |
| NET Worth | 70.90 | 51.37 | 39.16 | 28.85 |
| Reserves and Surplus | 54.31 | 36.01 | 38.20 | 27.89 |
| Total Borrowing | 31.70 | 42.80 | 28.23 | 22.62 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 26.96% |
| ROCE | 24.23% |
| Debt / Equity | 0.83% |
| RoNW | 26.96% |
| PAT Margin | 5.52% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.36 | 8.44 |
| P/E (x) | 17.67 | 15.41 |
| Promoter Holding | 93.94% | 68.98% |
| Market Cap | โน293.80 Cr. | |