
Emerging SME Services · NSE
Interiors & More Limited, incorporated in June 2012, specializes in trading, importing, and selling artificial flowers, plants, and décor items for homes and offices. The company operates two manufacturing units in Gujarat—a 57,000 sq. ft. facility in Umargam and a 7,000 sq. ft. unit in Umbergaon—both equipped with modern production tools, quality control systems, and smooth logistics. Its diverse product range includes artificial flowers like roses, marigolds, and orchids, as well as fountains, battery-operated candles, chandeliers, vases, artificial trees, and furniture. The corporate office in Fort, Mumbai, handles administration, reporting, and factory support. As of December 31, 2023, the company employs 93 permanent staff.
Price Band
₹216 – ₹227
Issue Size
₹42.00 Cr
Lot Size
600 shares
GMP
+15.9%
Est. Listing
₹263
at current GMP
Subscribed
11.30x
overall
Open
15 Feb 2024
Close
20 Feb 2024
Allotment
21 Feb 2024
Refund
22 Feb 2024
Demat Credit
23 Feb 2024
Listing
23 Feb 2024
Designated Registrar: Bigshare Services Private Limited
Allotment Date
21 Feb 2024
Basis finalization
Refunds Initiate
22 Feb 2024
Mandate release
Demat Credit
23 Feb 2024
Shares in demat
Listing Debut
23 Feb 2024
Trading begins
Interiors and More Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹42 Crores. The shares are offered at a price band of ₹216 to ₹227 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,36,200 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.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-23, while un-allotted funds or UPI block mandates will be released on 2024-02-22.
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.
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.