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Eleganz Interiors

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uuid0003qdj

Namestring
Eleganz Interiors
Legal namestring
Eleganz Interiors Ltd.
Websiteurl
eleganz.co.in
Company typeenum
Private
Founded yearint
1988
Descriptiontext

Eleganz Interiors Limited is an India-based interior fit-out firm founded in 1988 by Akshay Pakvasa, headquartered in Mumbai with offices in Bengaluru, Chennai, Hyderabad, Pune, NCR, and Singapore. The company delivers integrated interior solutions for commercial, enterprise, and luxury real estate clients through two core service lines: Design & Build and General Contracting. These services combine architectural design, construction execution, project management, MEP coordination, and custom furniture/joinery production from an in-house woodwork factory established in 2012.

The company's underlying capability rests on specialized execution capacity, evidenced by delivery of large-scale, compressed-timeline projects including a 2 lakh sq ft Amazon Development Centre (4 months), 3.74 lakh sq ft WPP Mumbai office (6 months), 2 lakh sq ft Hexaware corporate office (100 days), and a 1 million sq ft IT mandate secured in 2023. Cumulatively, Eleganz has executed over 1,000 projects covering more than 20 million sq ft across 35 cities, serving Fortune 500 clients across banking (Deutsche Bank, HDFC, ICICI, Bank of America, Barclays), IT services (Amazon, Accenture, Hexaware), advertising (WPP), FMCG (Unilever), professional services (PwC), and oil & gas (Shell) verticals.

The business model is enterprise-project-based with custom quotations per mandate, priced on scope, area, complexity, and material specifications, with multi-year contract cadences typical. Go-to-market is exclusively direct enterprise sales via dedicated business development teams, tender participation, and client referrals — no channel partners or resellers. FY2022 turnover reached 350+ crore INR. The company is founder/controlling-family owned (Pakvasa family), led by MD & CEO Sammeer Pakvasa, and filed a Draft Red Herring Prospectus for an IPO in March 2026.

Short descriptiontext

Eleganz Interiors is a Mumbai-based interior fit-out firm founded in 1988 that delivers Design & Build and General Contracting services for enterprise corporations, IT firms, banks, and luxury real estate developers across India and Singapore, with 1,000+ projects and 20M+ sq ft executed.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersMumbai, India
HQ citystring
Mumbai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
commercial interior fit-out, design and build services, general contracting, corporate office interiors, workspace design solutions
Industry4 codes
1Commercial Interior Fit-Out (Offices & Corporate)
CodeIMAFANAAPrimaryYes
2Interior Design Services
CodeBPAHAKABPrimaryNo
3Design-Build / EPC General Contracting
CodeIMAFAAADPrimaryNo
4Architectural Design Services
CodeBPAHAKAAPrimaryNo
NAICS code2 codes
  • Interior Design Services54141
  • Architectural Services541310
SIC code1 code
  • Office Furniture2520
Product category
Commercial Interior Fit-Out Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Interior Fit-out Services
TypeProfessional Services
Description

Core revenue stream from comprehensive interior fit-out solutions for commercial spaces, including design, execution, and project management for corporate offices

eleganz.co.in
2Design & Build
TypeOne Time License
Description

Integrated design-build services combining architectural design with construction execution, delivering end-to-end solutions for workspace transformations

eleganz.co.in
3General Contracting
TypeProfessional Services
Description

Comprehensive construction management services orchestrating projects from conception to completion, handling civil, plumbing, fit-in, and fit-out works

eleganz.co.in
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Pricing details1 tier
1Custom enterprise project pricing
ModelOtherBilling cadenceMulti-year contract
Notes

Project-based pricing determined by scope of work, area size, design complexity, material specifications, and timeline requirements. Quotes provided per project after detailed consultation.

eleganz.co.in
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Eleganz Interiors provides integrated interior fit-out solutions for commercial spaces through two core service lines: Design & Build, which combines architectural design with construction execution, and General Contracting, which manages comprehensive construction projects from conception to completion. The company serves enterprise clients with office, commercial, hospitality, and luxury residential interior projects, supported by an in-house woodwork factory and panel workshop for custom furniture and built-in elements.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Completed 100,000 sq ft state-of-the-art office in record time of 4 months for Siemens
+4 more records
Product overview1 text field

Eleganz Interiors is an interior fit-out firm established in 1988, offering two primary service lines: Design & Build and General Contracting. The Design & Build service provides comprehensive interior solutions integrating innovative design with expert construction, while General Contracting offers comprehensive project management for interior fit-out and construction. The company delivers tailor-made interior solutions across 35 cities in India and Singapore, serving corporate clients with office interiors, commercial spaces, and hospitality projects. With over 300 skilled professionals and a track record of more than a thousand projects, the company focuses on luxury residential and commercial interior fit-outs, workplace design, and sustainable office solutions.

Product and service1 record
1Design & Build
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global architecture, design and planning firm with India operations serving the same enterprise occupier base (Shell, Amazon-type clients) for workspace fit-outs, albeit as a much larger full-service design firm rather than a fit-out specialist.

TypeDirect peer
Description

Singapore-headquartered office interior design and fit-out firm with strong India (Bengaluru, Mumbai, Hyderabad) presence and a Fortune-500 enterprise client base — directly competes with Eleganz on the same design-build workspace mandates.

TypeDirect peer
Description

Mumbai-based tech-enabled commercial interior design and build firm competing for the same enterprise office fit-out RFPs as Eleganz, particularly with IT and BFSI clients.

TypeBroad incumbent
Description

Global real estate services firm offering workplace strategy, design, and project management fit-out services to the same Fortune-500 enterprise occupier client base targeted by Eleganz.

TypeBroad incumbent
Description

Global design and architecture practice with India presence delivering corporate and workplace interior projects for large multinational occupiers — comparable at the architectural/design end of the value chain.

TypeBroad incumbent
Description

Global commercial real estate services firm that also delivers project management and fit-out services; cited in Eleganz's customer commendations (GE India Technology Centre) as a project services counterpart.

TypeBroad incumbent
Description

Global general contractor that builds out interior fit-out as part of broader commercial construction engagements — a broad incumbent benchmark for Eleganz's general contracting service line.

TypeEmerging player
Description

Tech-enabled interior solutions firm under the Livspace umbrella, focused more on residential but expanding into commercial interiors — adjacent competitor for India's enterprise fit-out wallet.

TypeEmerging player
Description

India-based interior design and build firm scaling beyond its residential core into commercial and enterprise projects, increasingly competing for mid-market corporate fit-out mandates in the same geographies as Eleganz.

TypeOthers
Description

India's largest paints and interior coatings company expanding into turnkey interior contracting — adjacent ecosystem player, given Eleganz's stated focus on branded, premium interior finishes and its specification influence over materials.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers19 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles14 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Eleganz Interiors

Commercial Interior Fit-Out Serviceseleganz.co.in

Eleganz Interiors is a Mumbai-based interior fit-out firm founded in 1988 that delivers Design & Build and General Contracting services for enterprise corporations, IT firms, banks, and luxury real estate developers across India and Singapore, with 1,000+ projects and 20M+ sq ft executed.

What Eleganz Interiors does

Eleganz Interiors Limited is an India-based interior fit-out firm founded in 1988 by Akshay Pakvasa, headquartered in Mumbai with offices in Bengaluru, Chennai, Hyderabad, Pune, NCR, and Singapore. The company delivers integrated interior solutions for commercial, enterprise, and luxury real estate clients through two core service lines: Design & Build and General Contracting. These services combine architectural design, construction execution, project management, MEP coordination, and custom furniture/joinery production from an in-house woodwork factory established in 2012.

The company's underlying capability rests on specialized execution capacity, evidenced by delivery of large-scale, compressed-timeline projects including a 2 lakh sq ft Amazon Development Centre (4 months), 3.74 lakh sq ft WPP Mumbai office (6 months), 2 lakh sq ft Hexaware corporate office (100 days), and a 1 million sq ft IT mandate secured in 2023. Cumulatively, Eleganz has executed over 1,000 projects covering more than 20 million sq ft across 35 cities, serving Fortune 500 clients across banking (Deutsche Bank, HDFC, ICICI, Bank of America, Barclays), IT services (Amazon, Accenture, Hexaware), advertising (WPP), FMCG (Unilever), professional services (PwC), and oil & gas (Shell) verticals.

The business model is enterprise-project-based with custom quotations per mandate, priced on scope, area, complexity, and material specifications, with multi-year contract cadences typical. Go-to-market is exclusively direct enterprise sales via dedicated business development teams, tender participation, and client referrals — no channel partners or resellers. FY2022 turnover reached 350+ crore INR. The company is founder/controlling-family owned (Pakvasa family), led by MD & CEO Sammeer Pakvasa, and filed a Draft Red Herring Prospectus for an IPO in March 2026.

Eleganz Interiors firmographics

Firmographics
Name
Eleganz Interiors
Legal name
Eleganz Interiors Ltd.
Website
https://eleganz.co.in
Company type
Private
Founded year
1988
Operating status
Operating
Headcount range
251–500 employees
Short description
Eleganz Interiors is a Mumbai-based interior fit-out firm founded in 1988 that delivers Design & Build and General Contracting services for enterprise corporations, IT firms, banks, and luxury real estate developers across India and Singapore, with 1,000+ projects and 20M+ sq ft executed.
Ownership category
akta.pro rank

Eleganz Interiors industry classification

Industry
Product category
Commercial Interior Fit-Out Services
NAICS
Interior Design Services (54141), Architectural Services (541310)
SIC
Office Furniture (2520)
akta.pro primary industry
Commercial Interior Fit-Out (Offices & Corporate) (IMAFANAA)
akta.pro secondary industries
Interior Design Services (BPAHAKAB), Design-Build / EPC General Contracting (IMAFAAAD), Architectural Design Services (BPAHAKAA)

Keywords

  • Commercial interior fit-out
  • Design and build services
  • General contracting
  • Corporate office interiors
  • Workspace design solutions

Where Eleganz Interiors is headquartered

Location

Headquarters

HQ city
Mumbai
HQ country
India
HQ region
Asia

Offices8 records

Markets served

Eleganz Interiors business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

  1. Interior Fit-out Services: Core revenue stream from comprehensive interior fit-out solutions for commercial spaces, including design, execution, and project management for corporate offices
  2. Design & Build: Integrated design-build services combining architectural design with construction execution, delivering end-to-end solutions for workspace transformations
  3. General Contracting: Comprehensive construction management services orchestrating projects from conception to completion, handling civil, plumbing, fit-in, and fit-out works

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom enterprise project pricing

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Eleganz Interiors product offering

Product offering

Core offering

Eleganz Interiors provides integrated interior fit-out solutions for commercial spaces through two core service lines: Design & Build, which combines architectural design with construction execution, and General Contracting, which manages comprehensive construction projects from conception to completion. The company serves enterprise clients with office, commercial, hospitality, and luxury residential interior projects, supported by an in-house woodwork factory and panel workshop for custom furniture and built-in elements.

Product overview

Eleganz Interiors is an interior fit-out firm established in 1988, offering two primary service lines: Design & Build and General Contracting. The Design & Build service provides comprehensive interior solutions integrating innovative design with expert construction, while General Contracting offers comprehensive project management for interior fit-out and construction. The company delivers tailor-made interior solutions across 35 cities in India and Singapore, serving corporate clients with office interiors, commercial spaces, and hospitality projects. With over 300 skilled professionals and a track record of more than a thousand projects, the company focuses on luxury residential and commercial interior fit-outs, workplace design, and sustainable office solutions.

Differentiator

Problem solved

Functional benefit

Products and services

  • Design & Build

Quantifiable outcome

  • Completed 100,000 sq ft state-of-the-art office in record time of 4 months for Siemens
  • +4 more outcomes

Companies that use Eleganz Interiors

Customer profile

Named customers19 records

Segments4 records

Ideal customer profiles4 records

Eleganz Interiors technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Eleganz Interiors partnerships and signals

Strategic signal

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Eleganz Interiors competitors and assessment

Company assessment

Broad incumbents

  • Gensler: Global architecture, design and planning firm with India operations serving the same enterprise occupier base (Shell, Amazon-type clients) for workspace fit-outs, albeit as a much larger full-service design firm rather than a fit-out specialist.
  • CBRE Group: Global real estate services firm offering workplace strategy, design, and project management fit-out services to the same Fortune-500 enterprise occupier client base targeted by Eleganz.
  • HOK (now part of Populous/Allied): Global design and architecture practice with India presence delivering corporate and workplace interior projects for large multinational occupiers — comparable at the architectural/design end of the value chain.
  • Cushman & Wakefield: Global commercial real estate services firm that also delivers project management and fit-out services; cited in Eleganz's customer commendations (GE India Technology Centre) as a project services counterpart.
  • Turner Construction: Global general contractor that builds out interior fit-out as part of broader commercial construction engagements — a broad incumbent benchmark for Eleganz's general contracting service line.

Direct peers

  • Space Matrix: Singapore-headquartered office interior design and fit-out firm with strong India (Bengaluru, Mumbai, Hyderabad) presence and a Fortune-500 enterprise client base — directly competes with Eleganz on the same design-build workspace mandates.
  • Flipspaces: Mumbai-based tech-enabled commercial interior design and build firm competing for the same enterprise office fit-out RFPs as Eleganz, particularly with IT and BFSI clients.

Emerging players

  • DesignCafe (Livspace): Tech-enabled interior solutions firm under the Livspace umbrella, focused more on residential but expanding into commercial interiors — adjacent competitor for India's enterprise fit-out wallet.
  • Bonito Designs: India-based interior design and build firm scaling beyond its residential core into commercial and enterprise projects, increasingly competing for mid-market corporate fit-out mandates in the same geographies as Eleganz.

Others

  • Asian Paints (Interior Contracting via Inter-touch/Sleek): India's largest paints and interior coatings company expanding into turnkey interior contracting — adjacent ecosystem player, given Eleganz's stated focus on branded, premium interior finishes and its specification influence over materials.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Eleganz Interiors social profiles

Digital presence

Eleganz Interiors compliance and trust

Trust signal

Compliance2 records

Eleganz Interiors financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Eleganz Interiors leadership team

Management profile

Number of profiles

Profiles14 records

Eleganz Interiors funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Eleganz Interiors M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eleganz Interiors

What does Eleganz Interiors do?

Eleganz Interiors provides integrated interior fit-out solutions for commercial spaces through two core service lines: Design & Build, which combines architectural design with construction execution, and General Contracting, which manages comprehensive construction projects from conception to completion. The company serves enterprise clients with office, commercial, hospitality, and luxury residential interior projects, supported by an in-house woodwork factory and panel workshop for custom furniture and built-in elements.

Is Eleganz Interiors a public or private company?

Eleganz Interiors is a private company. It is classified as family owned and is currently operating.

When was Eleganz Interiors founded?

Eleganz Interiors was founded in 1988. It employs 251 to 500 people.

Where is Eleganz Interiors based?

Eleganz Interiors is headquartered in Mumbai, India, in the Asia region.

How does Eleganz Interiors make money?

Three revenue lines are on record. Interior Fit-out Services are the primary driver. The others are design & Build and general Contracting.

Who are Eleganz Interiors's main competitors?

Broad incumbents on record are Gensler, CBRE Group, HOK (now part of Populous/Allied), Cushman & Wakefield and Turner Construction. Direct peers are Space Matrix and Flipspaces. Emerging players are DesignCafe (Livspace) and Bonito Designs. Asian Paints (Interior Contracting via Inter-touch/Sleek) is listed as an others.

Does Eleganz Interiors have an API?

No public API is recorded for Eleganz Interiors.

What industry is Eleganz Interiors in?

Eleganz Interiors's product category is Commercial Interior Fit-Out Services. Its primary akta.pro industry code is IMAFANAA, Commercial Interior Fit-Out (Offices & Corporate), with a secondary code of BPAHAKAB, Interior Design Services. Its NAICS code is 54141 and its SIC code is 2520.

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Live signals
ScanXEleganz Interiors to host virtual investor meet on Jul 9Eleganz Interiors announced a virtual investor and analyst meeting scheduled for July 9, 2026, facilitated by Kaptify Consulting. The company reported a 40.37% year-over-year increase in Q1 FY27 revenue to ₹74.26 crore and secured new orders worth ₹148.96 crore, increasing its order book to ₹621.46 crore. No unpublished price-sensitive information will be discussed during the meeting.ScanXEleganz Interiors utilizes full IPO proceeds by Sep 30, 2025Eleganz Interiors utilized ₹7,806.32 lakh of its IPO proceeds by September 30, 2025, deploying the funds across repayment of borrowings, working capital, and general corporate purposes. The company's statutory auditor confirmed zero deviation from the disclosed prospectus objectives, with only ₹0.18 lakh remaining unutilized for issue-related expenses. The near-complete utilization indicates the IPO fundraising was deployed largely as intended.ConstructionweekonlineEleganz Interiors secures Gurugram project mandateEleganz Interiors Limited secured a project mandate covering 15 lakh square feet at the M3M Altitude development in Golfestate, Gurugram, involving design, build, and execution services for the luxury real estate property. Managing Director and CEO Sammeer Pakvasa stated that winning the mandate represented a defining moment validating client trust in the firm. The article further contextualizes the win within broader real estate market momentum, noting that shifting demand for commercial and residential properties is increasing opportunities for firms combining design capabilities with general contracting resources.Financial ExpressPage 97 of Oliviya Kunjumon : Latest News, Exclusive News Stories, Current Affairs, Events by Oliviya KunjumonMultiple companies are in the news, including Eleganz Interiors filing its DRHP for an IPO, Hindustan Aeronautics Ltd (HAL) announcing a Rs 13,500 crore deal with the Defence Ministry, and Bajaj Housing Finance shares declining by 6%. The reports cover upcoming IPOs, a major defence contract, and stock performance concerns.Tamil NewsInterior Design Trends 2026: How Handcrafted Furniture Is Warming Up Modern Office SpacesIndustry experts highlight that handcrafted furniture is reshaping modern office design in 2026, as companies shift toward human-centric, emotionally engaging workspaces rather than uniform, sterile layouts. Indian design studios like Beyond&More, Josmo Studio, Kalaakar, and Eleganz Interiors Limited are leading this trend by blending traditional craftsmanship with contemporary aesthetics and sustainable materials. The article positions artisanal furniture as a strategic tool for organizations seeking to strengthen employee connection and justify office relevance in a hybrid work environment.The Times of Indiaeleganz interiors: Eleganz Interiors shares list at 6% discount on NSE SME platform - The Economic TimesEleganz Interiors listed on the NSE SME platform on February 14, 2025, with shares debuting at Rs 122 against an issue price of Rs 130, representing a 6% discount. Despite the listing discount, the IPO had been subscribed 30 times, with non-institutional investors dominating the bidding. The company plans to use the net proceeds for repayment of debt, working capital requirements, and general corporate purposes.The Times of IndiaEleganz Interiors IPO subscribed over 8 times so far on Day 3: Check GMP, price band and other details - The Economic TimesThe SME IPO of Eleganz Interiors was fully subscribed at 8.61 times on the final day of bidding on February 11, 2025, with retail investors subscribing 12.39 times and non-institutional investors 7.97 times. The company aims to raise Rs 78 crore through a fresh equity sale of 60.05 lakh shares, with shares scheduled to list on the NSE SME platform on February 14. Ahead of listing, the company's shares were trading at a grey market premium of Rs 10, indicating a 7.7% premium over the upper price band of Rs 130, down from Rs 35 on Monday.The Times of IndiaEleganz Interiors IPO subscribed over 2 times so far on Day 2: Check GMP, price band and other details - The Economic TimesEleganz Interiors' SME IPO was subscribed 2.88 times on the second day of bidding (February 10, 2025), with the retail portion subscribed 4.7 times and non-institutional investors' category at 2.33 times. The company aims to raise Rs 78 crore through the complete fresh equity sale of 60.05 lakh shares, priced in the range of Rs 123-130 per share. Shares were trading at a Rs 35 premium (27% gain) in the unlisted market ahead of the February 14 listing on NSE SME platform.The Times of IndiaEleganz Interiors IPO opens today: Check key dates, price band, GMP and other details - The Economic TimesEleganz Interiors' SME IPO opened for subscription on February 7, 2025, planning to raise approximately Rs 78 crore through a fresh equity sale of 60.05 lakh shares at an issue price of Rs 123-130 per share. The company is engaged in providing interior fit-out solutions for corporate and commercial spaces across India. Proceeds from the IPO will be used for debt repayment, working capital requirements, and general corporate purposes, with share allotment expected on February 12 and listing scheduled for February 14.