Eleganz Interiors SME IPO Subscription Status
Eleganz Interiors SME IPO closed on 11 February 2025 with an overall subscription of 30.65x based on shares applied. QIB demand came in at 24.45x, NII at 60.38x, and retail at 20.95x.
Allotment will be finalised on 12 February 2025. The stock is scheduled to list on NSE and BSE on 14 February 2025.
Issue Price
Rs 130.00
GMP Today
Rs 5.00 (+3.85%)
Overall Subscription
30.65x
Issue Size
₹78.07 Cr
Allotment Date
12 Feb 2025
Listing Date
14 Feb 2025
Eleganz Interiors SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 130.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 14.83 Cr | Rs 362.62 Cr | 24.45x |
| NII | Rs 11.13 Cr | Rs 671.87 Cr | 60.38x |
| IND | Rs 25.96 Cr | Rs 543.96 Cr | 20.95x |
| Total | Rs 51.92 Cr | Rs 1,578.45 Cr | 30.40x |
Eleganz Interiors SME IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 11,41,000 | 2,78,94,000 | 24.45x |
| NII | 8,56,000 | 5,16,82,000 | 60.38x |
| IND | 19,97,000 | 4,18,43,000 | 20.95x |
| Total | 39,94,000 | 12,14,19,000 | 30.40x |
What Do These Subscription Numbers Mean?
A subscription of 30.65x by shares means the IPO received bids for 31 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 24.45x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 24.45x, it reflects serious institutional conviction.
NII at 60.38x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 20.95x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Eleganz Interiors SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Share subscription: 20.95x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Eleganz Interiors SME IPO Allotment Status page from 12 February 2025 for your allotment result.
Eleganz Interiors SME IPO GMP After Subscription
GMP for Eleganz Interiors SME stands at Rs 5.00 today, giving an estimated listing price of Rs 135.00 per share.
A subscription of 30.65x combined with a GMP of 3.85% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Eleganz Interiors SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Eleganz Interiors SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 7 Feb 2025 | 0.10x | 1.33x | 2.05x | 1.34x |
| Day 2 - 10 Feb 2025 | 2.46x | 4.07x | 8.51x | 5.83x |
| Day 3 - 11 Feb 2025 | 24.45x | 60.38x | 20.95x | 30.40x |
Eleganz Interiors SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 7 February 2025 |
| IPO Close Date | 11 February 2025 |
| Allotment Date | 12 February 2025 |
| Refund Initiation | 13 February 2025 |
| Share Credit to Demat | 13 February 2025 |
| Listing Date | 14 February 2025 |
| Minimum Investment | Rs 2,60,000.00 |
| Lot Size | 1000 shares |
About Eleganz Interiors SME
Eleganz Interiors Limited, established in 1996, specializes in providing interior solutions for corporate offices, laboratories, airport lounges, and commercial spaces. The company offers comprehensive fit-out solutions, catering to research and development facilities, flexible workspaces, and retail environments. With a focus on quality and functionality, Eleganz Interiors delivers customized designs to enhance workspace efficiency and aesthetics.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Eleganz Interiors SME IPO Subscription FAQs
What is Eleganz Interiors SME IPO subscription status today?
Eleganz Interiors SME IPO subscription closed on 11 February 2025 with overall subscription of 30.65x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 24.45x, NII 60.38x, IND 20.95x.
What is the overall subscription of Eleganz Interiors SME IPO?
Eleganz Interiors SME IPO is subscribed 30.65x overall by shares at close on 11 February 2025. QIB 24.45x, NII 60.38x, and IND 20.95x.
What is Eleganz Interiors SME IPO QIB subscription?
Eleganz Interiors SME IPO QIB (Qualified Institutional Buyers) subscription is 24.45x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Eleganz Interiors SME IPO IND subscription?
Eleganz Interiors SME IPO IND subscription is 20.95x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Eleganz Interiors SME IPO NII subscription?
Eleganz Interiors SME IPO NII (Non-Institutional Investors) subscription is 60.38x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Eleganz Interiors SME IPO for retail?
Eleganz Interiors SME IPO retail share subscription is 20.95x. Application-wise data is needed for accurate lottery odds.
When is Eleganz Interiors SME IPO allotment date?
Eleganz Interiors SME IPO allotment date is 12 February 2025. Check Eleganz Interiors SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Eleganz Interiors SME IPO subscription close?
Eleganz Interiors SME IPO subscription closed on 11 February 2025. No new applications are accepted after the close.
What is Eleganz Interiors SME IPO GMP today?
Eleganz Interiors SME IPO GMP is ₹5 today (+3.85% over issue price ₹130). See live GMP on the Eleganz Interiors SME IPO GMP Today page.
What is Eleganz Interiors SME IPO issue price and lot size?
Eleganz Interiors SME IPO issue price is ₹130 per share. Lot size is 1000 shares. Minimum investment is ₹2,60,000 per lot (minimum 2 lots for SME). Issue size: ₹78.07 Cr.
When is Eleganz Interiors SME IPO listing date?
Eleganz Interiors SME IPO listing date is 14 February 2025 on NSE and BSE. Allotment is on 12 February 2025.
How does subscription affect Eleganz Interiors SME IPO allotment?
Allotment odds in Eleganz Interiors SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 30.65x overall, competition is high.
For allotment results from 12 February 2025, visit the Eleganz Interiors SME IPO Allotment Status page. For listing day updates on 14 February 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.