
Eleganz Interiors Limited - IPO
SMEEleganz Interiors Stock Price

Eleganz Interiors IPO Details
Eleganz Interiors IPO Subscription
Eleganz Interiors IPO Application Wise Breakup
Eleganz Interiors IPO Dates
- 07 Feb 2025Opening dateOPD
- 11 Feb 2025Closing dateCOD
- 12 Feb 2025Basis of AllotmentBOA
- 13 Feb 2025Initiation of RefundsIOR
- 13 Feb 2025Credit of SharesCOS
- 14 Feb 2025Listing dateLID
Eleganz Interiors IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retain Minimum | 1 | 1000 | ₹130,000 |
Retain Maximum | 1 | 1000 | ₹130,000 |
HNI Minimum | 2 | 2000 | ₹260,000 |
Eleganz Interiors IPO Reservation
Promoter Holding
Eleganz Interiors IPO Valuations
Eleganz Interiors Limited Financial Information
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
Assets | 233.99 | 172.12 | 116.19 | 103.03 | ||||||||||||||||||||||||||||||||||||
Revenue | 192.4 | 223.09 | 191.17 | 155.34 | ||||||||||||||||||||||||||||||||||||
Profit After Tax | 9.53 | 12.21 | 10.31 | 5.09 | ||||||||||||||||||||||||||||||||||||
Net Worth | 70.9 | 51.37 | 39.16 | 28.85 | ||||||||||||||||||||||||||||||||||||
Reserves and Surplus | 54.31 | 36.01 | 38.2 | 27.89 | ||||||||||||||||||||||||||||||||||||
Total Borrowing | 31.7 | 42.8 | 28.23 | 22.62 | ||||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
About Eleganz Interiors IPO
Incorporated in 1996, Eleganz Interiors Limited is engaged in the business of Interior solutions to Corporate, laboratories, airport lounge etc.
The company specializes in providing fit-out solutions for corporate and commercial spaces, including corporate offices, research and development facilities, laboratories, airport lounges, flexible workspaces, and commercial retail spaces.
The company bids for domestic tenders issued by large domestic and multinational corporations, project management consultants, and international property consultants for design and build (D&B) and general contracting (GC) services.
The company employs a team of qualified engineers, architects, designers, and project management professionals, supported by third-party consultants to ensure timely project completion, compliance, and quality standards.
Business Segment:
Design & Build services: The company offers end-to-end design and build services, including design, shop drawings, resource planning, execution, and post-project support.
General Contracting (“GC”) services: The company’s GC services include civil, mechanical, electrical work, and final refinements such as installation, finishes, inspection, and touch-ups.
The company has completed over 200 projects, totaling more than 45 lakh Sq Ft of development. As of December 31, 2024, the order book includes 47 ongoing projects across 12 cities.
As on December 30, 2024, the Company had 63 permanent employees and had engaged 380 persons on retainership basis.
Competitive Strengths:
- Experienced and qualified designing, engineering and execution team
- Proven track record of diversified service offerings encompassing a wide range of industries
- Adhering quality standards and sustainable development practices
- Strong footprint at key economic hubs in India
- In-house woodwork facility
- Experienced Promoter and senior management team
Strength Of Eleganz Interiors IPO
1. Proven track record of diversified service offerings encompassing a wide range of industries.
2. Long term relationship with customers.
3. Experienced and qualified designing, engineering and execution team.
4. Professional and experienced management team.
5. Diverse domain expertise with effective project integration capabilities.
6. Strong footprint at key economic hubs in India.
7. Strong and diversified Order Book.
Risk Of Eleganz Interiors IPO
1. The number of orders the company has received in the past, its current Order Book and the company growth rate may not be indicative of the number of orders the company will receive in the future. Any delays in execution of its orders expose the company to time and cost overruns and variability in revenue, materiality and adversely impacting its revenue from operations, cash flows, financial condition and cash flows.
2. The Company's derive a significant portion of its revenues from repeat clients. Any loss of, or a significant reduction in the number of repeat clients could adversely affect the company business, results of operations, financial conditions and cash flows.
3. The Company's derives a significant portion of its revenues from a limited number of clients. The loss of any significant clients may have an adverse effect on its business, financial condition, results of operations, and prospects.
4. The Company is significantly dependent on both skilled and unskilled labour for the execution of its projects and for its Manufacturing Facility. Any disruption to the supply of such labour, or its inability to control the composition and cost of its contract labor could adversely affect the company business, results of operations, financial condition and cash flows.
5. The Company depends on skilled talent across various functions to successfully execute projects and meet client standards. Any inability to retain or attract such qualified personnel could negatively affect its business operations.
6. The Company outsource certain operations of its business, such as transport, logistics and certain manufacturing activities, to third parties. Any failures by such third parties to deliver their services could have an adverse impact on its business, results of operations, financial condition and cash flows.
7. The Company's business and profitability are dependent upon the availability and the cost of its fit-out materials used in the projects and raw materials consumed in manufacturing process. Any disruption to the timely and adequate supply of such materials, or volatility in the prices of such materials may adversely impact on its business, results of operations, financial condition and cash flows.
8. Some of its historical corporate records are not traceable.
9. The company depends on third party suppliers for a steady supply of both, finished products for installation at project site and raw materials for manufacturing furniture items. The company does not have continuing or exclusive arrangements with any of its suppliers. Loss of suppliers or any failure by the company suppliers to make timely delivery of raw materials may have an adverse effect on its business, results of operations, financial condition and cash flows.
10. While the company has a diversified geographical presence, its projects have historically been concentrated in the state of Maharashtra and any changes affecting the policies, laws and regulations or the political and economic environment in the region may adversely impact its business, financial condition and results of operations.
Objectives Eleganz Interiors IPO
- Repayment, in full or in part, of certain borrowings availed by the Company
- To meet working capital requirements
- General Corporate Purposes
Company Contact Details
Eleganz Interiors Limited
Gala Nos. 1 – 7, Ground Floor, Sarita ‘B’,
Prabhat Industrial Estate, Western Express Highway
Dahisar (E), Mumbai – 400 068
Phone: +91-22-28960081
Email: cs@eleganz.co.in
Website: http://www.eleganz.co.in/
Registrar Contact Details
Lead Mangers
Vivro Financial Services Private Limited
Market Maker
Rikhav Securities