The IPO allotment status is defined as investors can find out how much shares they have been provided as per the basis of allotment. For Interiors and More Limited, it will be released on Feb 21 at stay tuned to get the detailed information.
Interiors and More Limited IPO Allotment Status
At present interiors and more IPO allotment status is not available. The allotment status of this IPO will be available, once the basis of allotment is finalised.
On securing the allotment, you will receive the credit of equivalent shares in your Demat account. The allotment status for the Interiors and More IPO is expected to be finalised on 21st Feb 2024.
The Price band of this IPO is set at Rs 216 – Rs 227 per share. Interiors and More IPO is a book built issue of Rs 42.00 Cr. The issue is fully a fresh issue of 18.5 Lakh shares.
The lowest amount of investment required through retail investors is Rs 136,200.
Interiors and More Limited IPO Timeline
| IPO Open Date | 15th Feb 2024 |
| IPO close Date | 20th Feb 2024 |
| Basis of Allotment | 21st Feb 2024 |
| Refund Initiation | 22nd Feb 2024 |
| Credit of Shares to Demat | 22nd Feb 2024 |
| Listing Date | 23rd Feb 2024 |
| Cut-off time for UPI mandate confirmation | 5 pm on 20th Feb 2024 |
Interiors and More Limited IPO Details
| Face Value | Rs 10 per share |
| Price Band | Rs 216 to Rs 227 each share |
| Lot Size | 600 shares |
| Total Issue Size | 1,850,400 shares (aggregating up to Rs 42.00 Cr) |
| Fresh Issue | 1,850,400 shares (aggregating up to Rs 42.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding Pre Issue | 5,145,000 |
| Shareholding Post Issue | 6,995,400 |
| Market Maker Portion | 93000 Shares |
Interiors and More Limited IPO Reservation
| Anchor Investor Shares Offered | 526,200 (28.44%) |
| Market Maker Shares Facilitated | 93000 (5.03%) |
| QIB Shares Provided | 351,600 (19%) |
| NII (HNI) Shares Offered | 264,000 (14.27%) |
| Retail Shares Offered | 615,600 (33.27%) |
| Total Shares Offered | 1,850,400 (100%) |
Interiors and More Limited IPO Lot Size
Investors can bid for a minimum of 600 shares and in multiples thereof. The below given table depicts the lowest and highest investment through retailing investors and HNI in terms of amount and shares.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 600 | Rs 136,200 |
| Retail (Max) | 1 | 600 | Rs 136,200 |
| HNI (Min) | 2 | 1200 | Rs 272,400 |
Interiors and More Limited IPO Listing Date
The listing date of Interiors and More IPO is 23rd Feb 2024 and this will list on NSE SME.
How to check Interiors and More Limited IPO Allotment Status
The steps which is need to follow by the users to check their IPO allotment status are
- Visit the official website of BigShare Pvt Ltd, which can be accessed at
- Lookout for an option of ‘IPO Allotment Status,’ and tap on it to get redirected to another webpage.
- Now, you have options for different servers, tap on any, and access the portal to check the allotment status.
- At the end, you have to opt Company as ‘Interiors and More Limited’, selection type as PAN Number, fill the required details with Captcha and then hit the SEARCH.
Interiors and More Limited IPO Key Points
The company is in the business of manufacturing and trading of artificial flowers and other decorative materials.
The company marked a boost in its top and bottom lines from 2023 onwards.
Based on Year 2024 amazing annualised earnings, the issue appears aggressively priced.
The firm is in the business of decorations and producing and trading in decorative goods with prime focus on artificial flowers. The sudden jump in its top and bottom lines from FY23 onwards raise eyebrows and the concern over its sustainability.
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