Eleganz Interiors IPO opens today: Check key dates, price band, GMP and other details
company plans to raise around Rs 78 crore through its IPO.
The company plans to use the net proceeds from the IPO to be used for repayment of debt, working capital requirements and general corporate purposes.
Check Eleganz Interiors IPO price band
Eleganz Interiors has priced its IPO in the range of Rs 123-130 per share, where investors can bid for 1,000 shares in one lot. About 20% is reserved for institutional investors, 40% for retail investors and the rest 40% for non-institutional investors.
Eleganz Interiors GMP on Day 1
Eleganz Interiors is boasting a GMP of around Rs 35 in the grey market, indicating a premium of 27% over the issue price.
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