Initial public offer of 18,50,400* equity shares of face value of Rs. 10.00 each ("Equity Shares") of Interiors & More Limited (the "Company" or the "Issuer") for cash at a price of Rs. 227.00 per equity share including a share premium of Rs. 217.00 per equity share (the "Issue Price") aggregating to Rs. 42.00 crores ("The Issue"). The issue shall constitute 26.45% of the post-issue paid-up equity share capital of the company. The issue includes a reservation of 93,000 equity shares aggregating to Rs. 2.11 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 17,57,400 equity shares aggregating to Rs. 39.89 crores (the "Net Issue"). The issue and the net issue will constitute 26.45% and 25.12% respectively of the post issue paid-up equity share capital of the company.
Face value of equity share is Rs. 10.00 each and the issue price is 22.7 times of the face value of the equity shares.
Bid can be made for minimum of 600 equity shares and the multiples of 600 equity shares thereafter.
*Subject to finalization of basis of allotment.
|