Markets / IPO / Eleganz Interiors

Eleganz Interiors IPO

Updated 07:49

SME IPO on NSE Emerge · Diversified Commercial Services

● Listed 14 Feb 2025

SME · NSE Emerge · Diversified Commercial Services

Price now₹76.30-41.31% since IPO
Issue price₹130band ₹123–130
Listing (open)₹122.00-6.15%
First-day close₹116.05-10.73%
Subscribed–
Lot1000 shares₹1,30,000

How it has done since the IPO

Closing prices since listing: 26 Oct ₹80.10, 27 Oct ₹85.90, 28 Oct ₹82.25, 29 Oct ₹81.50, 30 Oct ₹82.05, 2 Nov ₹77.55, 3 Nov ₹75.95, 4 Nov ₹76.10, 5 Nov ₹76.95, 6 Nov ₹72.25.

Listing day14 Feb 2025
Open / high / low / close₹122.00 / ₹122.00 / ₹115.90 / ₹116.05
Shares traded on NSE10,84,000
Market value at the listing-day close₹262 cr

Eleganz Interiors share price, live chart and technicals →

The IPO's journey

Anchor6 Feb
Opens7 Feb
Closes11 Feb
Allotment12 Feb
In demat13 Feb
Listing14 Feb
Lock-in 50%13 Mar
Lock-in rest12 May

Subscription

Shares offered and bid, by group
Investor categoryShares bid for
Institutions (QIB)2,78,94,000
HNI / NII5,20,22,000
Retail4,28,15,000
Total12,27,31,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 11 Feb 2025 17:42.

Who the issue was for

Bids by price

Top price ₹130 79.43%Cut-off 20.44%Lower prices 0.1%

Applications from individual investors

42,815 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)11,000₹1,30,000
HNI (minimum)22,000₹2,60,000

At ₹130 a share. In SME IPOs individuals must bid for at least 1 lots.

Anchor investors

Anchor bid date6 Feb 2025
Anchor shares17,10,000
Raised from anchors₹22.23 cr
Lock-in ends for the first 50% (30 days)13 Mar 2025
Lock-in ends for the remaining 50% (90 days)12 May 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹294 cr₹172 cr
P/E (last 12 months' profit)10.96.4
Revenue, last 12 months₹489 cr
Profit, last 12 months₹27 cr
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Diversified Commercial Services

CompanyListedSubscribedOn listingSince IPO
Elevate Campuses 30 Sept1.79×-1.91%-22.86%
Coreintegra Consulting Services SME30 Sept–+0.13%+36.35%
Rentomojo 17 Sept72.88×+19.42%+43.81%
Propshop Events and Exhibitions SME3 Aug–-20.00%+0.36%
Armour Security (India). SME22 Jan–-20.00%-54.39%
Dhara Rail Projects SME31 Dec–+19.05%+6.31%
Clear Secured Services SME8 Dec–-9.85%-47.16%
WeWork India Management 10 Oct1.15×+0.31%+4.26%

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Eleganz Interiors IPO price band and lot size?

The price band is ₹123–130 per share, and one lot is 1000 shares (₹1,30,000 at the upper price).

When is the Eleganz Interiors IPO allotment date?

Allotment was finalised on 12 Feb 2025, the next working day after bidding closed on 11 Feb 2025.

How many times was the Eleganz Interiors IPO subscribed?

Subscription figures are not available yet.

What is the Eleganz Interiors IPO listing date?

It listed on 14 Feb 2025 on NSE Emerge (SME).

When does the Eleganz Interiors anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 13 Mar 2025 and the 90-day lock-in on the rest ends on 12 May 2025; they can sell from the next trading day.

What was the Eleganz Interiors listing gain?

It opened at ₹122.00 against an issue price of ₹130, a loss of 6.15%. It is now down 41.31% from the issue price.