Eleganz Interiors Limited: Company Overview and IPO Details
Company Overview
Eleganz Interiors Limited specializes in providing comprehensive interior solutions for corporate and commercial spaces, including corporate offices, research and development facilities, laboratories, airport lounges, flexible workspaces, and retail environments. The company actively participates in domestic tenders from large corporations, project management consultants, and international property consultants for design and build (D&B) and general contracting (GC) services.
With a dedicated team of skilled engineers, architects, designers, and project management professionals, supported by third-party consultants, Eleganz Interiors ensures timely project completion, compliance with industry standards, and high-quality execution.
Business Segments
- Design & Build Services: Offering end-to-end solutions, including concept design, shop drawings, resource planning, execution, and post-project support.
- General Contracting (GC) Services: Covering civil, mechanical, electrical work, and final refinements such as installation, finishing, inspection, and touch-ups.
The company has successfully delivered over 200 projects covering more than 4.5 million sq. ft. As of December 31, 2024, the company has an order book of 47 ongoing projects across 12 cities. As of December 30, 2024, Eleganz Interiors employed 63 permanent staff members and engaged 380 professionals on a retainership basis.
Eleganz Interiors IPO Details
- IPO Opening Date: February 7, 2025
- IPO Closing Date: February 11, 2025
- Issue Type: Book Built Issue IPO
- Total Issue Size: 6,005,000 shares, valued at ₹78.07 crore
- Fresh Issue: 6,005,000 shares, valued at ₹78.07 crore
- Face Value: ₹10 per equity share
- IPO Price Range: ₹123 – ₹130 per share
- Market Lot: 1,000 shares
- Minimum Order Quantity: 1,000 shares (1 lot)
- Listing Platform: NSE SME
- Registrar: Bigshare Services Pvt. Ltd.
- Investor Allocation:
- QIB: 50%
- NII (HNI): 15%
- Retail Investors: 35%
IPO Schedule
- Allotment Date: February 12, 2025
- Refund Initiation Date: February 13, 2025
- Shares Credit to Demat Account: February 13, 2025
- IPO Listing Date: February 14, 2025
- UPI Mandate Confirmation Deadline: 5:00 PM, February 11, 2025
IPO Lot Size & Pricing
| Investor Category | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,000 | ₹1,30,000 |
| Retail (Max) | 1 | 1,000 | ₹1,30,000 |
| HNI (Min) | 2 | 2,000 | ₹2,60,000 |
Competitive Strengths
- Highly skilled and experienced team in design, engineering, and project execution.
- Strong track record across diverse industries.
- Commitment to quality and sustainable development practices.
- Established presence in key economic hubs across India.
- In-house woodwork manufacturing facility.
- Experienced promoters and senior management team.
Company Promoter
- Sameer Akshay Pakvasa
Financial Performance (in ₹ Crore)
| Particulars | Total Revenue | Total Expenses | Profit After Tax | Total Borrowing |
| 31 March 2022 | 155.34 | 150.23 | 5.09 | 22.62 |
| 31 March 2023 | 191.17 | 180.66 | 10.31 | 28.23 |
| 31 March 2024 | 223.08 | 207.00 | 12.20 | 42.80 |
| 30 September 2024 | 192.40 | 179.55 | 9.53 | 31.70 |
Key Performance Indicators
| KPI | Value |
| Return on Equity (ROE) | 26.96% |
| Return on Capital Employed (ROCE) | 24.23% |
| Debt-to-Equity Ratio | 0.83 |
| Return on Net Worth (RoNW) | 26.96% |
| PAT Margin | 5.52% |
Pre-IPO vs Post-IPO Performance
| KPI | Pre-IPO | Post-IPO |
| Earnings Per Share (EPS) | ₹7.36 | ₹8.44 |
| Price-to-Earnings (P/E) Ratio | 17.67x | 15.41x |
Purpose of the IPO
The funds raised through the IPO will be utilized for:
- Partial or full repayment of outstanding borrowings.
- Meeting working capital requirements.
- General corporate purposes.
Promoter Shareholding
| Shareholding | Percentage |
| Pre-Issue | 93.94% |
| Post-Issue | – |
IPO Application Process
Investors can apply for the Eleganz Interiors IPO through the ASBA (Application Supported by Blocked Amount) process via their bank accounts or stock brokers using UPI-enabled platforms. Below are application methods via popular brokers:
- Angel One: Log in, select the IPO, place a bid, and confirm via UPI.
- 5Paisa: Access the application, choose the IPO, bid, and approve the mandate.
- Upstox: Follow similar steps to apply and approve via UPI.
- IIFL Securities: Log in, select IPO, bid, and confirm the transaction.
Frequently Asked Questions (FAQs)
- When does the Eleganz Interiors IPO open?
The IPO opens on February 7, 2025. - What is the investor allocation?
- QIB: 50%
- NII (HNI): 15%
- Retail Investors: 35%
- How to apply for the Eleganz Interiors IPO?
Investors can apply via ASBA through their bank or UPI-enabled stock broker applications. - What is the IPO price range?
The IPO price band is set between ₹123 to ₹130 per share. - When will the IPO be listed?
The IPO is expected to be listed on NSE SME on February 14, 2025.
Disclaimer: The information provided is for educational purposes only and should not be considered as investment advice. Investors are advised to consult financial experts before making any investment decisions.
