What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Eleganz Interiors Limited IPO allotment date?

The basis of allotment for Eleganz Interiors Limited IPO is scheduled to be finalized on 12 Feb 2025.

Where can I check Eleganz Interiors Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Bigshare Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 13 Feb 2025.

IPO GreyPremiumLIVE

Grey Market Intelligence

Eleganz Interiors Limited

ListedSME

Consumer Discretionary / Interior Design · NSE

Eleganz Interiors Limited, established in 1996, offers complete interior design and construction solutions for corporate offices, laboratories, airport lounges, and commercial spaces. The company provides fit-out and turnkey services for various business environments, taking on projects through tenders from large corporations and consultants. Its skilled team of engineers, architects, and designers ensures timely, high-quality project delivery. With over 200 completed projects covering more than 45 lakh sq. ft., Eleganz Interiors is currently managing 47 projects across 12 cities, supported by 63 permanent staff and 380 professionals on retainership.

Price Band

₹123 – ₹130

Issue Size

₹78.07 Cr

Lot Size

1000 shares

GMP

₹5

+3.9%

Est. Listing

₹135

at current GMP

Subscribed

30.73x

overall

Open

7 Feb 2025

11 Feb 2025

Allotment

12 Feb 2025

Refund

13 Feb 2025

Demat Credit

14 Feb 2025

Listing

14 Feb 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Eleganz Interiors Limited Allotment Status

Designated Registrar: Bigshare Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

12 Feb 2025

Basis finalization

Refunds Initiate

13 Feb 2025

Mandate release

Demat Credit

14 Feb 2025

Shares in demat

Listing Debut

14 Feb 2025

Trading begins

About Eleganz Interiors Limited Public Issue & Market Profile

Eleganz Interiors Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Interior Design sector with an aggregate issue size of ₹78.07 Crores. The shares are offered at a price band of ₹123 to ₹130 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,30,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-14, while un-allotted funds or UPI block mandates will be released on 2025-02-13.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.

Eleganz Interiors Limited

Eleganz Interiors Limited Allotment Status

How to Check Eleganz Interiors Limited IPO Allotment Status

About Eleganz Interiors Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?