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Archit Nuwood Industries IPO - AstroIPO

Archit Nuwood Industries IPO

August 23, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Archit Nuwood Industries Ltd., a construction materials company specializing in wood and wood products, is set to go public. The IPO opens on August 30, 2024, and closes on September 3, 2024.

The company aims to raise between ₹160.37 crore and ₹168.48 crore by offering 62.40 lakh shares at a price band of ₹257 to ₹270 per share. The minimum application is for 400 shares, with a maximum retail subscription of ₹5 lakh.

Pre-IPO, the promoter holding stands at 93.92%, with Vineet Kumar, Vinod Kumar Singla, and Prem Chand as the key promoters. The total pre-IPO share count is 163.57 lakh.

This book-built issue will be listed on the BSE. Retail buyers can apply for shares worth up to ₹5 lakh, making it accessible to small buyers.

Archit Nuwood Industries IPO Details

IPO Size 168.48
Price Range ₹257 - ₹270
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 400
Investment (cut-off price) ₹1,08,000
Pre IPO Promotor Holding 93.92%
Post IPO Promotor Holding --
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Archit Nuwood Industries IPO Timelines

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End Date
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Allotment Date View Status
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Refund Initiation
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Credit of Shares to Demat Ac
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Listing Date

Archit Nuwood Industries IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 400 ₹108,000
Retail Maximum 1 400 ₹108,000
S-HNI Minimum 2 800 ₹2,16,000

Archit Nuwood Industries IPO Subscription Status

QIB NII Retail EMP Total

Archit Nuwood Industries IPO GMP

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹ ₹ ₹ ₹

Archit Nuwood Industries IPO Company Financials

Year Total Income Total Expense PAT
FY 2021 ₹39.63 ₹35.71 ₹3.05
FY 2022 ₹134.32 ₹129.41 ₹4.43
FY 2023 ₹153.70 ₹125.20 ₹21.28
FY 2024 ₹185.40 ₹142.10 ₹36.92

About Company

Incorporation Date Sector Managing Director
2017 Plywood Boards/Laminates vinod singla

Know Before Investing

Archit Nuwood Industries IPO Strengths

Archit Nuwood Industries IPO Risks

Swot Analysis for Archit Nuwood Industries IPO

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Company Details

Archit Nuwood Industries Limited

H NO.414/11,
Jamalpur Road,
Tohana – 125120

Phone: +91 74196 15104

Email: [email protected]

Website: http://www.architnuwood.com/

IPO Registar Details

Maashitla Securities Private Limited

Phone: +91-11-45121795-96

Email: [email protected]

Website: https://maashitla.com/allotment-status/public-issues

FAQs

The key objectives of Archit Nuwood Industries IPO are:

  • Investing in its wholly owned subsidiary company through equity infusion for consisting of plant and machinery, acquisition of land, meeting essential working capital requirements, and the construction of buildings and electrical installations
  • General Corporate Expenses

Share India Capital Services Pvt Ltd. are the book-running lead managers for the Archit Nuwood Industries IPO.

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