Interiors & More Ltd. has announced public offering of 2992200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 217.00 per share. The gross proceeds of the issue are expected to be Rs 6,792.29 lakhs.
The company's initial public offer (IPO) will open on 15 February 2024 and is expected to close on 20 February 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 216.00-227.00 per share.
The IPO includes a fresh Issue of 2992200 Equity Shares of the Company at an price of Rs 227.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 600 shares with bids in multiples of 600.
Interiors & More Ltd. anticipates using the proceeds of the issue for .
Gretex Corporate Services Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.