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Archit Nuwood Industries Limited IPO (Archit Nuwood Industries IPO) Detail

August 30, 2024 - September 3, 2024

Archit Nuwood Industries IPO is a book built issue of Rs 168.48 crores. The issue is entirely a fresh issue of 62.4 lakh shares.

Archit Nuwood Industries IPO opens for subscription on August 30, 2024 and closes on September 3, 2024. The allotment for the Archit Nuwood Industries IPO is expected to be finalized on Wednesday, September 4, 2024. Archit Nuwood Industries IPO will list on BSE SME with tentative listing date fixed as Friday, September 6, 2024.

Archit Nuwood Industries IPO price band is set at ₹257 to ₹270 per share. The minimum lot size for an application is 400 Shares. The minimum amount of investment required by retail investors is ₹108,000. The minimum lot size investment for HNI 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.

Refer to Archit Nuwood Industries IPO DRHP for detailed information.

Archit Nuwood Industries 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 Size6,240,000 shares
(aggregating up to ₹168.48 Cr)
Fresh Issue6,240,000 shares
(aggregating up to ₹168.48 Cr)
Issue Type Book Built Issue IPO
Listing At BSE SME
Share holding pre issue17,415,460
Share holding post issue23,655,460

Archit Nuwood Industries IPO Reservation

Investor Category Shares Offered
QIB Shares OfferedNot more than 50.00% of the Net offer
Retail Shares OfferedNot less than 35.00% of the Offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer

Archit Nuwood Industries IPO Timeline (Tentative Schedule)

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 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
Lot Size Calculator

Archit Nuwood Industries IPO Promoter Holding

Mr. Prem Chand, Mr.Vinod Kumar Singla, and Mr. Vineet Kumar are the promoters of the company.

Share Holding Pre Issue 93.92%
Share Holding Post Issue

About Archit Nuwood Industries Limited

Archit Nuwood Industries Limited was founded in 2017 and manufactures a wide range of MDF and HDF boards as well as pre-laminated boards in various designs.

The company's product portfolio includes:

  1. MDF: Pre-laminated interior grade materials or pre-lam, Pre-laminated Exterior Grade MDF (Medium Density Fiberboard), Plain Exterior Grade MDF (Medium Density Fiberboard), Plain Interior Grade MDF (Medium Density Fiberboard).
  2. HDF: Pre-laminated HDF, or High-Density Fiberboard, Plain High-Density Fiberboard (HDF), Plain California Air Resources Board (CARB) Compliant Panels, and Pre-laminated California Air Resources Board (CARB) Compliant Panels.
  3. High-Pressure Laminate (HPL)

As of April 26, 2024, the Company had 149 employees, including directors, on its payroll.

Company Financials

Archit Nuwood Industries Limited Financial Information (Restated Standalone)

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets15,208.9611,972.798,139.795,215.65
Revenue10,770.715,368.5813,432.033,963.77
Profit After Tax1,954.332,127.9443.36304.95
Net Worth5,588.283,633.951,551.331,107.97
Reserves and Surplus4,419.892,465.56382.94-60.42
Total Borrowing2,552.38576.911,472.791,785.58
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Archit Nuwood Industries IPO is Rs 638.7 Cr.

KPI as of March 31, 2023.

Pre IPO Post IPO
EPS (Rs) 12.2214.16
P/E (x) 22.119.06
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of October 31, 2023 that is available in RHP.

Objects of the Issue (Archit Nuwood Industries IPO Objectives)

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:

  1. To invest in its wholly-owned subsidiary company, Archit Panels Private Limited (i.e. APPL), and
  2. General Corporate Expenses.

Archit Nuwood Industries IPO Prospectus

Archit Nuwood Industries IPO Rating

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Rating:Rated 1.0 stars
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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/

Archit Nuwood Industries 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 Industries IPO - Buy or Not

Archit Nuwood Industries IPO Recommendation Summary

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Archit Nuwood Industries IPO FAQs

Archit Nuwood Industries IPO is a SME IPO of 6,240,000 equity shares of the face value of ₹10 aggregating up to ₹168.48 Crores. The issue is priced at ₹257 to ₹270 per share. The minimum order quantity is 400 Shares.

The IPO opens on August 30, 2024, and closes on September 3, 2024.

Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Archit Nuwood Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Archit Nuwood Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Archit Nuwood Industries IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Archit Nuwood Industries IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Archit Nuwood Industries IPO opens on August 30, 2024 and closes on September 3, 2024.

Archit Nuwood Industries IPO lot size is 400 Shares, and the minimum amount required is ₹108,000.

You can apply in Archit Nuwood Industries IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Archit Nuwood Industries IPO will be done on Wednesday, September 4, 2024, and the allotted shares will be credited to your demat account by Thursday, September 5, 2024. Check the Archit Nuwood Industries IPO allotment status.

The Archit Nuwood Industries IPO listing date is not yet announced. The tentative date of Archit Nuwood Industries IPO listing is Friday, September 6, 2024.
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