Eleganz Interiors IPO subscribed over 2 times so far on Day 2: Check GMP, price band and other details

Ahead of its listing, Eleganz Interiors’ shares were trading at a Rs 35 premium in the unlisted market on Monday, reflecting a 27% gain over the upper end of its Rs 130 IPO price band. The company has set its IPO price range at Rs 123-130 per share, with a minimum lot size of 1,000 shares. The offering reserves 20% for institutional investors, 40% for retail investors, and 40% for non-institutional investors.