Archit Nuwood IPO is scheduled to open on August 30, 2024, and will therefore close on September 3, 2024. This Book Built Issue aims to raise approximately ₹168.48 crores. Specifically, it includes a fresh issue of ₹168.48 crores, along with an offer for the sale of equity shares, each with a face value of ₹10.
Moreover, the IPO price band is set between ₹257 and ₹270 per share. The minimum lot size for an application is 400 shares. Therefore, retail investors need to invest a minimum of ₹108,000. For HNI investors, the minimum investment is 2 lots (800 shares), amounting to ₹216,000. Share India Capital Services Private Limited is the book-running lead manager of the Archit Nuwood Industries IPO, while Maashitla Securities Private Limited is the registrar for the issue.
Table of contents
- Archit Nuwood IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Crores)
- Objective of the Issue
- Company Promoters
- Archit Nuwood IPO GMP (Grey Market Premium)
- Archit Nuwood IPO Application Form PDF
- Archit Nuwood IPO Subscription Status
- Archit Nuwood IPO Allotment Status
- IPO Review
- Archit Nuwood IPO Registrar
- Archit Nuwood IPO Lead Manager
- Archit Nuwood Limited Contact
- FAQs
Archit Nuwood IPO Overview
| Overview Points | Description |
|---|---|
| Company Name | Archit Nuwood Industries Limited |
| Industry | Wood Products Manufacturing |
| IPO Issue Type | Book Built Issue |
| Open Date | August 30, 2024 |
| Close Date | September 3, 2024 |
| Total Issue Size | ₹168.48 Crores(6,240,000 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Fresh Issue | ₹168.48 Crores (6,240,000 Equity Shares) |
| Price Band | ₹257 to ₹270 Per Share |
| Listing on | BSE SME |
| Lot Size | 400 shares |
| Offer for Sale | N/A |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Company Details
Archit Group started with mustard oil and cotton, and it has since expanded into a successful conglomerate with diverse operations, including wood products, tobacco, and plastic manufacturing. Based in Haryana, India, the company garners appreciation for its unique ideas and high-quality standards across various industries.
Notably, Archit Group has established itself as a leader in providing comprehensive interior solutions through its brands NUWUD and ArchitLAM. These brands manufacture a wide range of products, including MDF (Medium Density Fiberboard), HDHWR (High-Density High Water Resistant Boards), high-pressure laminates, and engineered floors. By focusing on delivering cost-effective and environmentally friendly solutions, Archit Group aims to reduce emissions and continuously enhance customer satisfaction through improved products and services.
Archit Nuwood Industries IPO is a book-built issue with a size of ₹168.48 crores, consisting entirely of a fresh issue of 62.4 lakh shares. The IPO opens for subscription on August 30, 2024, and closes on September 3, 2024. Consequently, the allotment is expected to be finalized on Wednesday, September 4, 2024. Following this, Archit Nuwood Industries IPO will list on the BSE SME, with the tentative listing date set for Friday, September 6, 2024.
Key Dates
| Events | Date |
|---|---|
| IPO Open Date | August 30, 2024 |
| IPO Close Date | September 3, 2024 |
| Basis of Allotment | September 4, 2024 |
| Refunds | September 5, 2024 |
| Credit to Demat Account | September 5, 2024 |
| IPO Listing Date | September 6, 2024 |
Financials (₹ in Crores)
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹152.08 | ₹119.72 | ₹81.39 |
| Revenue | ₹107.70 | ₹153.68 | ₹134.32 |
| Profit After Tax | ₹19.54 | ₹21.27 | ₹4.43 |
| Net Worth | ₹55.88 | ₹36.33 | ₹15.51 |
| Reserves and Surplus | ₹44.19 | ₹24.65 | ₹3.82 |
| Total Borrowing | ₹25.52 | ₹5.76 | ₹14.72 |
Objective of the Issue
- Investing in its wholly-owned subsidiary by infusing equity for the purchase of plant and machinery, acquiring land, meeting essential working capital requirements, and constructing buildings and electrical installations.
- Additionally, addressing general corporate expenses.
Company Promoters
- Mr. Prem Chand
- Mr. Vinod Kumar Singla
- Mr. Vineet Kumar
Archit Nuwood IPO GMP (Grey Market Premium)
Curious about the latest Grey Market Premium (GMP) for the Archit Nuwood IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Archit Nuwood Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Archit Nuwood IPO Application Form PDF
To download the Archit Nuwood IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Archit Nuwood IPO Subscription Status
This IPO subscription kicks off on August 30, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Archit Nuwood IPO Allotment Status
To check the Archit Nuwood IPO allotment status go to the IPO registrar website Maashitla or go to IPO Allotment.
To check allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- Production facilities are strategically located near raw material sources.
- Additionally, the company delivers high-quality products.
- Furthermore, Aeron Composite serves a quality-conscious customer base.
- Moreover, the company offers a diverse product mix to cater to different customer segments.
- As a result, satisfied customers place repeat orders.
Risks:
- Market volatility may affect share performance and investor returns.
- The company could encounter operational challenges, such as supply chain disruptions or quality control issues, impacting its financial performance.
- Past financial results might not ensure future success, and intense competition could influence market share and profitability.
- Regulatory changes and economic downturns might also pose risks. Additionally, heavy reliance on a few key customers and management challenges further increase potential risks.
Archit Nuwood IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Archit Nuwood IPO Lead Manager
Share India Capital Services Private Limited
1701-1703, 17th Floor, Dalal Street Commercial Co-operative Society Limited,
Road 5E, Block 53, Zone 5, Gift City, Gandhinagar, Gujarat-382355, India.
Phone: +91 1800 203 0303
Email: support@shareindia.com
Website: https://www.shareindia.com
Archit Nuwood Limited Contact
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/
FAQs
The issue size for Archit Nuwood stands at ₹168.48 crores.
The price band ranges from ₹257 to ₹270 per share.
The minimum bid requires 400 shares, totaling ₹1,08,000.
The IPO allotment date is September 4, 2024.
Additionally, the IPO’s listing date is September 6, 2024, and the shares will be listed on the NSE.
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