Eleganz Interiors IPO Subscribed over 5.83x on Day 3

Eleganz Interiors Subscribed over 5.83x on its Last day of subscription wherein QIB subscribed 2.46x, NII subscribed 4.07x, and RII subscribed 8.51x.

Eleganz Interiors IPO subscription started on Friday, February 7, 2025, and will close on February 11, 2025., as per the schedule. The price band is set at ₹123 to ₹130 per share with a face value of ₹10.

Eleganz Interiors IPO Subscription Status

Eleganz Interiors IPO Subscribed over 5.83x on its Last day till 5.00 PM on 11th February 2025.

Eleganz Interiors IPO subscription QIB investors portion is 2.46 times, while NII subscribed 4.07 times and RII investors subscribed 8.51 times.
The company has received bids for 2,32,86,000 shares against 39,94,000 shares on offer on the Last day of subscription.
Eleganz Interiors IPO subscribed over 5.81x on its second day.
Eleganz Interiors IPO subscribed over 1.31x on its First day.

About Eleganz Interiors Company

Founded on April 18, 1996, Eleganz Interiors, one of the growing companies engaged in the business of providing interior fit-out solutions for corporate and commercial places consists of corporate offices, research & development facilities, laboratories, Airport lounges, Flexible workspace and commercial retail space. Eleganz Interiors is committed to providing interior fit-out solutions and focuses on creating attractive and functional spaces across India. The company offers services from bare shells to fully furnished areas, their services include Design & Build services (“D&B”) and General Contracting (“GC”) services. Under D&B Design & Build Services, the company covers services such as designing, shop drawings of the projects, resource planning & procurement of materials, project execution, final walkthrough & handing over the projects, and providing post-project support. Whereas in GC, they cover solutions that include civil and interior works such as plumbing, plastering, painting, carpentry, and polishing, mechanical works, electrical works, including HVAC, and final project refinements. As of September 30, 2024, Eleganz Interiors has completed over 200 projects.

Eleganz Interiors Financial Report

The company reported revenue of ₹223.09 crores in 2024 against ₹191.17 crore in 2023. The company reported profit of ₹12.21 crores in 2024 against profit of ₹10.31 crores in 2023.

Eleganz Interiors IPO GMP:

Eleganz Interiors IPO GMP was ₹20 as of Tuesday, 11th February 2025. That indicates the IPO is trading at ₹150 with ₹20 premium in the grey market against the issue price of ₹130.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

Add IPOWatch to your Google News feed.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.