Archit Nuwood Industries Limited IPO Overview
Archit Nuwood Industries IPO is a book-built issue aimed at raising ₹168.48 crores through the sale of 62.4 lakh fresh shares.
The subscription for the Archit Nuwood Industries IPO opens on August 30, 2024, and closes on September 3, 2024. The allotment of shares is expected to be finalized on Wednesday, September 4, 2024, with the IPO listing on the BSE SME exchange tentatively scheduled for Friday, September 6, 2024.
The price band for Archit Nuwood Industries IPO is set between ₹257 and ₹270 per share. Retail investors can apply for a minimum lot size of 400 shares, requiring an investment of ₹108,000. High Net Worth Individuals (HNIs) must invest in at least 2 lots (800 shares), which amounts to ₹216,000.
Share India Capital Services Private Limited is the book-running lead manager for the Archit Nuwood Industries IPO, while Maashitla Securities Private Limited is serving as the registrar for the issue.
For comprehensive details, investors are encouraged to refer to the Draft Red Herring Prospectus (DRHP) of the Archit Nuwood Industries IPO.
Archit Nuwood Industries Limited IPO Important dates
Archit Nuwood Industries IPO opens on August 30, 2024, and closes on September 3, 2024.
| IPO Open Date | Friday, August 30, 2024 |
| IPO Close Date | Tuesday, September 3, 2024 |
| Basis of Allotment | Wednesday, September 4, 2024 |
| Initiation of Refunds | Thursday, September 5, 2024 |
| Credit of Shares to Demat | Thursday, September 5, 2024 |
| Listing Date | Friday, September 6, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 3, 2024 |
Archit Nuwood Industries Limited Financial Performance
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | ₹152.09 Cr | ₹119.73 Cr | ₹81.40 Cr | ₹52.16 Cr |
| Revenue | ₹107.71 Cr | ₹153.69 Cr | ₹134.32 Cr | ₹39.64 Cr |
| Profit After Tax | ₹19.54 Cr | ₹21.28 Cr | ₹4.43 Cr | ₹3.05 Cr |
| Net Worth | ₹55.88 Cr | ₹36.34 Cr | ₹15.51 Cr | ₹11.08 Cr |
| Reserves and Surplus | ₹44.20 Cr | ₹24.66 Cr | ₹3.83 Cr | -₹0.60 Cr |
| Total Borrowing | ₹25.52 Cr | ₹5.77 Cr | ₹14.73 Cr | ₹17.86 Cr |
Archit Nuwood Industries Limited IPO Objectives
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
- To invest in its wholly-owned subsidiary company, Archit Panels Private Limited (i.e. APPL), and
- General Corporate Expenses.
Archit Nuwood Industries Limited IPO Lot Size
Investors can bid for a minimum of 400 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹108,000 |
| Retail (Max) | 1 | 400 | ₹108,000 |
| HNI (Min) | 2 | 800 | ₹216,000 |
Archit Nuwood Industries Limited IPO Details
| IPO Date | August 30, 2024 to September 3, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹257 to ₹270 per share |
| Lot Size | 400 Shares |
| Total Issue Size | 6,240,000 shares (aggregating up to ₹168.48 Cr) |
| Fresh Issue | 6,240,000 shares (aggregating up to ₹168.48 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre-issue | 17,415,460 |
| Shareholding post issue | 23,655,460 |
Archit Nuwood Industries Limited: Company Overview and Services
Archit Nuwood Industries Limited: Leading Manufacturer of MDF and HDF Boards
Founded in 2017, Archit Nuwood Industries Limited has established itself as a premier manufacturer of MDF (Medium Density Fiberboard) and HDF (High-Density Fiberboard) boards, along with a diverse range of pre-laminated boards available in various designs.
Product Portfolio
- MDF (Medium Density Fiberboard):
- Pre-laminated Interior Grade MDF (Pre-lam)
- Pre-laminated Exterior Grade MDF
- Plain Exterior Grade MDF
- Plain Interior Grade MDF
- HDF (High-Density Fiberboard):
- Pre-laminated High-Density Fiberboard (HDF)
- Plain High-Density Fiberboard (HDF)
- Plain CARB (California Air Resources Board) Compliant Panels
- Pre-laminated CARB Compliant Panels
- High-Pressure Laminate (HPL):
- High-pressure laminate boards are designed for durability and aesthetic appeal.
As of April 26, 2024, Archit Nuwood Industries Limited employs 149 skilled professionals, including directors, who contribute to the company’s growth and innovation in the fiberboard industry.
Archit Nuwood Industries Limited IPO GMP Details
Archit Nuwood Industries SME IPO last GMP is ₹0, last updated Sep 3rd 2024. With a price band of 270.00, Archit Nuwood Industries SME IPO’s estimated listing price is ₹270 (cap price + today’s GMP). The expected percentage gain/loss per share is 0.00%.
Stay with us to know the daily price trend of Archit Nuwood Industries SME IPO GMP with an expected listing price.
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price | Last Updated |
|---|---|---|---|---|---|
| 03-09-2024 | 270.00 | ₹0  |
— | ₹270 (0%) | 3-Sep-2024 |
| 02-09-2024 | 270.00 | ₹0 |
— | ₹270 (0%) | 2-Sep-2024 |
| 01-09-2024 | 270.00 | ₹0 |
— | ₹270 (0%) | 1-Sep-2024 |
| 31-08-2024 | 270.00 | ₹0 |
— | ₹270 (0%) | 31-Aug-2024 |
Archit Nuwood Industries Limited IPO subscription status
Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
Archit Nuwood Industries Limited IPO Allotment status
The allotment status of Archit Nuwood Industries IPO is expected to be available on September 4, 2024.
Archit Nuwood Industries IPO allotment status is not available at this time. Archit Nuwood Industries IPO – The allotment status will be available once the basis of the allotment is finalized. Please revisit us to check the latest updates for Archit Nuwood Industries Limited’s IPO allotment status.
To check Archit Nuwood Industries IPO allotment status, follow the steps below:
- Click on the allotment status check button below.
- Select Company Name.
- Enter your PAN Number, Application Number or DP Client ID (Anyone).
- Click on Search.
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.
If you have any concerns or queries about the allotment status, contact Maashitla Securities Private Limited either by phone or email. Investors can call on +91-11-45121795-96 or send an email with all relevant details to ipo@maashitla.com.
Archit Nuwood Industries Limited Contact Details
Archit Nuwood Industries Limited
H NO.414/11,
Jamalpur Road,
Tohana – 125120
Phone: +91 74196 15104
Email: cs@architnuwood.com
Website: http://www.architnuwood.com/
Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and there is no guarantee of financial returns. The information provided should not be construed as financial or investment advice. Prospective investors are advised to carefully consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.
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