Eleganz Interiors, a leading provider of interior fit-out solutions, is launching its SME IPO soon. Investors are closely monitoring the current IPO GMP of Eleganz Interiors and subscription trends to assess its potential listing gains. The IPO is set to open on February 7, 2025, and will close on February 11, 2025. The listing date is expected to be February 14, 2025, on the NSE SME platform. The issue price is set in the range of ₹123 – ₹130 per share, with a minimum lot size of 1,000 shares (₹1,30,000 per lot). The registrar for this IPO is Bigshare Services Pvt. Ltd.
Eleganz Interiors IPO Details
| Particulars | Details |
|---|---|
| IPO Size | ₹78.06 Cr (Entirely Fresh Issue) |
| Price Band | ₹123 – ₹130 per share |
| Lot Size | 1,000 shares |
| Minimum Investment | ₹1,30,000 |
| Listing Exchange | NSE SME |
| IPO Open Date | February 7, 2025 |
| IPO Close Date | February 11, 2025 |
| Listing Date (Tentative) | February 14, 2025 |
| Lead Manager | Vivro Financial Services Pvt Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
Eleganz Interiors IPO Reservation
| Investor Category | Percentage Allocation |
| Retail Investors | 35% |
| Qualified Institutional Buyers (QIBs) | 50% |
| Non-Institutional Investors (NIIs) | 15% |
Eleganz Interiors IPO Timeline
| Event | Date |
| IPO Open Date | February 7, 2025 |
| IPO Close Date | February 11, 2025 |
| Basis of Allotment | February 12, 2025 |
| Refunds Initiated | February 13, 2025 |
| Shares Credited to Demat | February 13, 2025 |
| Listing Date | February 14, 2025 |
Eleganz Interiors IPO GMP (Grey Market Premium)
Grey Market Premium (IPO GMP today) helps investors gauge expected listing performance. As of now, the GMP for Eleganz Interiors IPO is ₹0, indicating no premium.
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 11-02-2025 | ₹130.00 | ₹10 | 7600 | ₹140 (7.69%) | 11-Feb-2025 12:35 |
| 10-02-2025 | ₹130.00 | ₹21 | 16000 | ₹151 (16.15%) | 10-Feb-2025 23:28 |
| 09-02-2025 | ₹130.00 | ₹35 | 26600 | ₹165 (26.92%) | 9-Feb-2025 23:30 |
| 08-02-2025 | ₹130.00 | ₹35 | 26600 | ₹165 (26.92%) | 8-Feb-2025 23:36 |
| 07-02-2025 | ₹130.00 | ₹35 | 26600 | ₹165 (26.92%) | 7-Feb-2025 23:28 |
| 06-02-2025 | ₹130.00 | ₹35 | 26600 | ₹165 (26.92%) | 6-Feb-2025 23:33 |
| 05-02-2025 | ₹130.00 | ₹35 | 26600 | ₹165 (26.92%) | 5-Feb-2025 23:33 |
| 04-02-2025 | ₹130.00 | ₹47 | 35700 | ₹177 (36.15%) | 4-Feb-2025 23:26 |
| 03-02-2025 | ₹130.00 | ₹40 | 30400 | ₹170 (30.77%) | 3-Feb-2025 23:34 |
| 02-02-2025 | ₹130.00 | ₹0 | — | ₹130 (0.00%) | 2-Feb-2025 23:27 |
| 01-02-2025 | ₹130.00 | ₹0 | — | ₹130 (0.00%) | 1-Feb-2025 23:30 |
| 31-01-2025 | ₹130.00 | ₹0 | — | ₹130 (0.00%) | 31-Jan-2025 23:31 |
What is GMP in IPO?
IPO Grey Market Premium (GMP) refers to the premium at which shares trade in the unofficial market before listing. It indicates potential demand and expected listing gains. However, GMP is not an official indicator and should be used cautiously while making investment decisions.
About Eleganz Interiors
Founded in 1996, Eleganz Interiors specializes in corporate and commercial interior solutions. The company has a strong market presence and provides turnkey solutions, including furniture, workspace design, and custom fit-outs.
Use of IPO Proceeds:
- Repayment of borrowings
- Working capital requirements
- General corporate purposes
Frequently Asked Questions (FAQs)
1. What is an IPO?
An Initial Public Offering (IPO) is when a private company offers its shares to the public for the first time to raise capital and become publicly listed.
2. What is IPO GMP?
IPO GMP (Grey Market Premium) refers to the unofficial price at which an IPO’s shares trade before listing. It helps in estimating potential listing gains.
3. How to check IPO allotment status?
Investors can check IPO allotment status on the registrar’s website (Bigshare Services) or the NSE/BSE website by entering their PAN or application number.
For more infomation on ipo allotment >> Click here
4. How to check the latest IPO GMP?
To check the latest IPO GMP, visit reliable sources like financial news portals or IPO tracking websites such as WatchIPO, where you can track the IPO grey market premium in real time.
Stay updated with upcoming IPO GMP and market trends to make informed investment decisions!