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.

What is the current subscription status of Interiors and More Limited IPO?

Interiors and More Limited IPO has received a total subscription of 11.30 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Interiors and More Limited

ListedSME

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

₹36

+15.9%

Est. Listing

₹263

at current GMP

Subscribed

11.30x

overall

Open

15 Feb 2024

20 Feb 2024

Allotment

21 Feb 2024

Refund

22 Feb 2024

Demat Credit

23 Feb 2024

Listing

23 Feb 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

11.30x

Total Demand

QIB Multiplier

3.54x

Institutions & Funds

NII / HNI

30.67x

High Net-Worth

Retail (RII)

7.42x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 11.30x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	351,600	1,243,800	3.54x
NIB	264,000	8,096,400	30.67x
RETAIL	615,000	4,562,400	7.42x
Total	1,230,600	13,902,600	11.30x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 8.25x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,079	8,006	7.42x
HNIs (10L +)	7	215	30.67x
HNIs (2-10L)	33	1,012	30.67x
Total Applications	1,119	9,233	8.25x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Interiors and More Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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 Schedule:

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.

Frequently Asked Questions

What is Interiors and More Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Interiors and More Limited IPO is ₹36 per equity share. Based on the upper price band of ₹216 to ₹227 per equity share, the estimated listing price is ₹263 (+15.9% expected listing gain).

What is the expected profit per lot for Interiors and More Limited IPO?

With a lot size of 600 shares and current GMP of ₹36, the expected profit per application lot is approx ₹21,600 (+15.9% gain). Minimum application cost is approx ₹1,36,200.

What is the issue size and price band for Interiors and More Limited IPO?

The Interiors and More Limited IPO aggregate issue size is ₹42 Crores with an equity price band set at ₹216 to ₹227 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,36,200.

How can I check Interiors and More Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 11.30x (Retail: 7.42x, QIB: 3.54x, NII: 30.67x). You can track live multiples directly on our dedicated subscription page.

Where and when will Interiors and More Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-02-21. Investors can verify status using PAN card or application number.

When is the listing date for Interiors and More Limited IPO?

Interiors and More Limited shares are scheduled to list on NSE on 2024-02-23.