Eleganz Interiors IPO Allotment Status

Summary

Eleganz Interiors Limited, established in 1996, has emerged as a leading provider of specialized interior solutions for corporate and commercial spaces. With a proven track record of completing over 200 projects spanning more than 45 lakh square feet, the company excels in providing comprehensive design and build (D&B) and general contracting (GC) services. Their expertise extends across corporate offices, research facilities, laboratories, and airport lounges, supported by a skilled team of 63 permanent employees and 380 retainership professionals as of December 2024.

Eleganz Interiors IPO comes with a total issue size of ₹78.07 crore, which is entirely a fresh issue of 60.05 lakh shares. The IPO opened on February 7, 2025, and closed on February 11, 2025. The allotment date for the Eleganz Interiors IPO is expected to be finalized on Wednesday, February 12, 2025.

Steps to Check Eleganz Interiors IPO Allotment Status on Registrar Site

• Visit Bigshare Services Pvt Ltd website
• Select "Eleganz Interiors IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Eleganz Interiors IPO Allotment Status on BSE/NSE

• Navigate to the NSE SME IPO Allotment Status Page
• Choose "Eleganz Interiors IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Eleganz Interiors IPO Subscription Status 

Eleganz Interiors IPO received exceptional investor interest, being subscribed 30.65 times overall. Here is a category-wise breakdown of the subscription as of 5:39:59 PM on February 11, 2025:

• Retail Category: 21.44 times
• Qualified Institutional Buyers (QIB): 24.45 times
• Non-Institutional Investors (NII): 60.42 times

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Debt Reduction: Repayment of certain borrowings in full or part
• Working Capital: Meeting working capital requirements
• General Corporate Purposes: Supporting various business initiatives

Eleganz Interiors IPO - Listing Details 

The shares are scheduled to list on February 14, 2025, on NSE SME. The remarkable subscription rate of 30.65 times demonstrates exceptional investor confidence in Eleganz Interiors' business model and growth prospects. The company has shown strong financial performance with revenue of ₹192.40 crore and profit after tax of ₹9.53 crore for the period ended September 30, 2024. Their robust order book of ₹435+ crore, specialized expertise in interior solutions, and strong presence across key economic hubs position them well for continued growth in the commercial interior solutions sector.