Interiors and More Limited IPO

Interiors and More Limited

₹1,29,600 /600 sharesMinimum Investment

Interiors and More Limited IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹227.00₹270.00₹43.00 (18.94%)

Interiors and More Limited IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
15 Feb ‘24 - 20 Feb ‘24₹1,29,600600₹216 - ₹227
Issue SizeIPO Doc
42.00Cr
RHP PDF

About the company

The company is in the business of manufacturing and trading artificial flowers, plants, and various home and office decor items. Founded in 2012, the company has since expanded its product range to include vases, plants, planters, wedding props, lights, furniture, fabric, chandeliers, candles, fragrances, and related decor items. Today, as a manufacturer and trader, the company operates with an in-house manufacturing plant, sourcing raw materials both domestically and internationally, while maintaining market presence and revenue focus on artificial flowers, plants, and leaves. The company operates two manufacturing units in Umargam (57,000 sq. ft.) and Umbergaon (7,000 sq. ft.), both equipped with essential facilities. It offers a varied product range, including artificial flowers like rose, yellow marigold, green grass, and trading in fountains, candles, chandeliers, wooden and glass vases, artificial trees, furniture, and tables.;
Founded in
2012
Managing director
Mr. Manish Mohan Tibrewal
Parent organisation
Interiors and More Limited

Strength and risks

Strengths
Risks
The company makes and sells various items, including artificial flowers, plants, wedding props, lights, furniture, fabric, chandeliers, candles, and fragrances. It has been able to use its network, experience, and resources to add more items over the years.
The company focuses on using the latest technology to maintain smooth manufacturing operations and adapt to market changes.
The company has a broad distribution network that helps ensure a productive supply chain, targeted customer support, and quick product delivery. This network helps in identifying the core customer base and tailoring solutions for clients.
The company has been distributing its goods throughout India. Thus, it is not reliant on any particular area.
Its revenue from operations was Rs 6.43 cr, Rs 9.89 cr and Rs 24.86 cr in financial years 2021, 2022, and 2023 respectively. Similarly, its Profit after Tax has also consistently increased over these three years.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular216 - 227₹2 Lakh
High Networth Individual216 - 227₹2 - 5 Lakh
For Interiors and More Limited IPO, eligible investors can apply as Regular.
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