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Interiors and More Limited

Interiors and More Limited

mainboardlisted
Registrar: Bigshare Services Pvt Ltd · Listing 2024-02-23
IPO Timeline
Today · 20 Oct 2026
Opens
15 Feb 2024
Closes
20 Feb 2024
Allotment
17 Feb 2024
Refund
22 Feb 2024
Demat
21 Feb 2024
Listing
23 Feb 2024
Price Band
₹216–227
GMP
₹0
0%
Lot Size
600 Shares
Min ₹136,200
Subscription
0x
Issue Size
₹42 Cr
Open
2024-02-15
Close
2024-02-20
Listing
2024-02-23

About the company

## **About  Interiors and More Limited** Established in June 2012, Interiors and More Limited has evolved from its initial focus on trading artificial flowers to becoming a prominent player in the home and office décor market. With over a decade of experience, the company has successfully adapted to market demands and expanded its product offerings. Diverse Product Range Initially known for its high-quality artificial flowers, the company has diversified its product range to include decorative items such as vases, plants, planters, wedding props, lights, furniture, fabric, chandeliers, candles, fragrance, and other related décor items. This expansion has allowed Interiors and More Limited to cater to businesses of all sizes, serving a broad spectrum of consumer categories and preferences. In-House Manufacturing and Quality Assurance Interiors and More Limited takes pride in its in-house manufacturing plant where they produce their items. Raw materials are sourced from both domestic and foreign markets, ensuring a commitment to quality and authenticity. The company's success in the artificial flowers, plants, and leaves market is attributed to their expertise in sourcing high-quality materials, manufacturing realistic-looking products, and consistently meeting customer demands. Quality assurance is a priority for Interiors and More Limited. The company conducts thorough quality inspections at every stage of the production process, adhering to all necessary safety requirements. This commitment to quality has solidified the company's reputation as a reputable provider in the market. Dynamic Market Presence Interiors and More Limited's success is not only attributed to multiple marketing models but also to their creative and constantly reviewed marketing tactics. Supported by a qualified management team and a dynamic workforce, the company has grown significantly over the years. Adaptable and Resilient Product Portfolio The diverse product portfolio of Interiors and More Limited makes it less vulnerable to changes in consumer tastes and industry trends. Their products, ready to use and intended for various spaces such as homes, offices, wedding venues, shopping centers, and banquet halls, demonstrate adaptability and resilience in the market. Future Growth and Expansion Looking ahead, Interiors and More Limited is committed to continuous improvement. The company seeks complementary products to add to its existing product bouquet, with a focus on product lines that offer higher potential for value addition and above-average margins. This forward-thinking approach positions Interiors and More Limited for sustained growth and success in the competitive home and office décor market. As Interiors and More Limited  prepares for its highly anticipated Initial Public Offering (IPO), the company has meticulously outlined the strategic allocation of proceeds from the Fresh Issue to ensure optimal utilization and sustainable growth. 1. a) Repayment/Prepayment of Certain Debt Facilities  1. b) Working Capital Requirements  1. c) General Corporate Purposes Here are key details about the Interiors and More Limited IPO: Company Name| **Interiors and More Limited**|  | Interiors and More Limited IPO Opening Date| **February 15, 2024** ---|---|---|---|--- Company Established On|**2012**Interiors and More Limited IPO Price band|**₹216 to ₹227 per share**

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 23 Feb 2024
      Listed 970 days ago
      1. IPO Opens

        Completed
        15 Feb 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        20 Feb 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        17 Feb 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        22 Feb 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        21 Feb 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        23 Feb 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      600 shares
      Price / Share (upper)
      ₹227
      Min Investment (1 lot)
      ₹136,200
      Price Band
      ₹216–227
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      600
      Min amount
      ₹136,200
      Max amount
      ₹136,200
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      2
      Min shares
      1200
      Min amount
      ₹272,400
      Max amount
      ₹953,400
      bHNI (Big HNI)
      > ₹10L
      Min lots
      8
      Min shares
      4800
      Min amount
      ₹1,089,600
      Max amount
      ₹1,770,600

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹21 Cr
      Shares offered
      948,082
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹6.3 Cr
      Shares offered
      284,424
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹14.7 Cr
      Shares offered
      663,657
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).