| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹42.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹42.00 Cr |
| Fresh Issue | ₹39.89 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน216.00-227.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | INM |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Gretex Corporate Services 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: 600 shares and in multiples thereof
Incorporated in June 2012, Interiors & More Limited trades, imports, and sells artificial flowers. The company manufactures and trades quality artificial flowers, plants, and decor items for homes and offices.
The manufacturing facility, which is fully furnished with all the necessary tools for production, test equipment for quality control, and additional handling supplies to enable efficient assembly and simple logistics, is located in Gujarat.
The company has expanded to various locations over the years, including Mumbai and Delhi, with the factory operating from Umbergaon.
The company has two well-equipped manufacturing units. One is located in Umargam, Gujarat and measures 57,000 Sq. ft. The other unit is situated in Umbergaon, Gujarat and measures 7,000 Sq. ft. Both units have computer systems, internet connectivity, communication equipment, security, and other necessary facilities for its business operations to function smoothly.
The company offers various products, including artificial flowers such as Roses, Yellow Marigolds, Green Grass in Mats, green Leaves, carnations, Hydrangea, and Hanging orchids. In addition, the company trades in Fountains, battery-operated Candles, Chandeliers, vases made of Wood and Glass, artificial trees, Furniture, and Tables.
Interiors & More Limited curates exhibitions across India.
As of December 31, 2023, the company has 93 permanent employees.
The company's main corporate office is located in Fort, Mumbai. Here, the company manages all its administrative and reporting needs and factory support.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment/Prepayment of Certain Debt Facilities | 4.96 |
| 2 | Working Capital Requirements | 33.05 |
| 3 | General Corporate Purposes | 8.81 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 37.23 | 30.95 | 19.52 | 14.78 |
| Total Income | 18.54 | 25.27 | 9.99 | 6.63 |
| Profit After Tax | 3.55 | 5.93 | 1.04 | 0.43 |
| NET Worth | 13.50 | 9.95 | 4.05 | 3.01 |
| Reserves and Surplus | 8.35 | 8.24 | 2.34 | 1.29 |
| Total Borrowing | 16.46 | 14.40 | 12.97 | 9.04 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 84.68% |
| ROCE | 75.58% |
| Debt / Equity | 1.45% |
| RoNW | 59.57% |
| PAT Margin | 23.85% |
| Price to Book Value | 11.74 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 11.52 | 6.76 |
| P/E (x) | 19.7 | 33.59 |
| Promoter Holding | 95.08% | 69.93% |
| Market Cap | โน158.80 Cr. | |