Aluwind Architectural Limited IPO
- IPO Date28 Mar, 2024 to 04 Apr, 2024
- Listing Date09 Apr, 2024
- Face Value₹10 per share
- Issue Price₹45 to ₹45 per share
- Lot Size3000 Shares
- Minimum Investment₹1,35,000
- Listing AtNSE SME
- Total Issue Size66,00,000 Shares
(aggregating up to ₹29.70 Cr) - Fresh Issue66,00,000 Shares
(aggregating up to ₹29.70 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue1,82,47,420
- Shareholding post issue2,48,47,420
IPO Dates
Closing Date
04 Apr, 2024
Initiation of Refunds
08 Apr, 2024
Listing Date
09 Apr, 2024
28 Mar, 2024
Opening Date
05 Apr, 2024
Basis of Allotment
08 Apr, 2024
Credit of Shares
Aluwind Architectural Limited Lot Size
Investors can bid for a minimum of 3000 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 | 3000 | ₹1,35,000 |
| Retail (Max) | 1 | 3000 | ₹1,35,000 |
| HNI (Min) | 2 | 6000 | ₹2,70,000 |
Aluwind Architectural Limited Promoter Holding
The promoters of the company are Mr. Murli Manohar Ramshankar Kabra, Mr. Rajesh Kabra, Mr. Jagmohan Ramshankar Kabra and Jagmohan Kabra HUF
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 98.22% | 72.13% |
Aluwind Architectural Limited COMPANY INFORMATION
Aluwind Architectural IPO is a fixed price issue of Rs 29.70 crores. The issue is entirely a fresh issue of 66 lakh shares. Aluwind Architectural IPO opens for subscription on March 28, 2024 and closes on April 4, 2024. The allotment for the Aluwind Architectural IPO is expected to be finalized on Friday, April 5, 2024. Aluwind Architectural IPO will list on NSE SME with tentative listing date fixed as Tuesday, April 9, 2024. Aluwind Architectural IPO price is ₹45 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹135,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹270,000. Corpwis Advisors Private Limited is the book running lead manager of the Aluwind Architectural IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Aluwind Architectural IPO is Nnm Securities. Refer to Aluwind Architectural IPO RHP for detailed information.
Incorporated in April 2003, Aluwind Architectural Limited manufactures and installs a diverse range of aluminium products. These include windows, doors, curtain walls, cladding, and glazing systems, all meticulously crafted to meet architects, consultants, builders, institutions, and corporations' unique needs.
The company has expanded its market presence, selling products in various cities across India, including Mumbai, Pune, Bangalore, and Hyderabad. This demonstrates a wide reach and commitment to serving customers nationwide.
The company's profits after tax for FY21, FY22, FY23, and H1 FY23 were INR 76.92L, INR 78.80L, INR 270.05L, and INR 372.83L, respectively.
The company has a manufacturing unit located in Pune, Maharastra spread across an area of 45000 square foot.
The company's clientele includes real estate developers such as L&T and Birla, which helps them to bag diverse projects through competitive bidding.
As of September 30, 2023, the company had 178 permanent employees. The company regularly trains its employees to increase operational excellence, improve productivity, and maintain compliance standards on quality and safety.
FAQs About Aluwind Architectural Limited Ipo
Aluwind Architectural Limited IPO will open on 28 Mar, 2024 and close on 04 Apr, 2024. Investors must apply within this period to participate.
The Aluwind Architectural Limited IPO price band is set between ₹45.00 and ₹45.00 per share. The minimum lot size is 3000, requiring an investment of at least ₹135000.00.
The Aluwind Architectural Limited IPO shares are expected to be listed on 09 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Aluwind Architectural Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Aluwind Architectural Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.