IPO : Interiors and More Limited
Interiors and More Limited IPO
| SYMBOL | INM |
| ISSUE TYPE | Book Built Issue IPO |
| ISSUE OPENS ON | Thursday, February 15, 2024 |
| ISSUE CLOSES ON | Tuesday, February 20, 2024 |
| ISSUE PRICE | ₹216 to ₹227 per share |
| ISSUE SIZE | Up to Rs.42.00 Crores |
| FACE VALUE | Rs.10 per share |
Interiors and More IPO is a book built issue of Rs 42.00 crores. The issue is entirely a fresh issue of 18.5 lakh shares.
Thank you for reading this post, don't forget to subscribe!Interiors and More IPO opens for subscription on February 15, 2024 and closes on February 20, 2024. The allotment for the Interiors and More IPO is expected to be finalized on Wednesday, February 21, 2024. Interiors and More IPO will list on NSE SME with tentative listing date fixed as Friday, February 23, 2024.
| MINIMUM BID | 600 shares |
| MINIMUM AMOUNT | Rs.136,200 |
| MAXIMUM BID | 600 shares |
| MAXIMUM AMOUNT | Rs.136,200 |
| PROMOTER HOLDING | 69.93% (Post-issue) |
| LISTING DATE | Friday, February 23, 2024 |
| LISTING AT | NSE-SME |
Interiors and More IPO price band is set at ₹216 to ₹227 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹136,200. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹272,400.
Objects of the Issue (Interiors and More IPO Objectives)
The company intends to utilize the Net Fresh Issue Proceeds for the following Objects
- Repayment/Prepayment of Certain Debt Facilities
- Working Capital Requirements
- General Corporate Purposes.
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