Interiors and More Limited IPO
Interiors and More's IPO offers 18,50,400 equity shares to fund debt repayment, working capital, and general corporate goals, ensuring financial stability.
Important Details
Date: Feb 15 to Feb 20, 2024 Listing Date: Feb 23, 2024 Price: INR 216-227 per share Lot Size: 600 Shares Total Issue Size: INR 42 crores
Fundamental Analysis
Interiors & More IPO unveils rapid revenue growth, substantial profitability, and strong equity expansion, signaling a promising investment in the interior sector.
Peer Comparison
Interiors and More Limited operates in a unique business line with no listed peers in the same industry.
Objective
Interiors and More's objectives are to repay and prepay debt INR 4.5 crores, meet working capital needs INR 25 crores, and deploy balance for general corporate purposes.
Risks And Challenges
Interiors and More faces risk with uncertain leases, trend-dependent success, and prolonged inventory turnover, impacting profitability due to high working capital.
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