Archit Nuwood Industries Limited IPO And Its GMP IPO Details
| Detail | Description |
|---|---|
| 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 | 62,40,000 shares (aggregating up to ₹ 168.48 Cr) |
| Fresh Issue | 62,40,000 shares (aggregating up to ₹ 168.48 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 1,74,15,460 |
| Shareholding post issue | 2,36,55,460 |
About Archit Nuwood Industries Limited IPO And Its GMP
Archit Nuwood Industries Limited is engaged in manufacturing a broad range of MDF & HDF boards and Pre Laminated Sheets of different varieties. The Factory is located at Tohana and equipped with MDF & HDF Plant along with Short Cycle Presses. The Prelaminated Range includes a variety of textures like Solid, Wood Grain Shades and Fabric & Stone décors, finely crafted textured caul plates to the pre-laminated board surface from Mat. Their registered office is situated at H No.414/11 Jamalpur Road, Fatehabad, Tohana, Haryana, India.
Key Players Involved:
- Book Running Lead Manager: Share India Capital Services Private Limited
- Registrar: Maashitla Securities Private Limited
Archit Nuwood Industries IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Company & Financials
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).
Objectives of Archit Nuwood Industries IPO
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objectives:
- 1. To invest in its wholly-owned subsidiary company, Archit Panels Private Limited (i.e. APPL).
- 2. General Corporate Expenses.
Archit Nuwood IPO Review
The company is emerging leader in MDF, HDF and Prelaminated sheets. It is expanding its capacities to meet the rising demand following boom in realty segment. The company has posted robust growth in its top and bottom lines for the last two fiscals. Based on FY24 earnings, the issue appears reasonably priced. Investors may park funds for medium to long term.
Archit Nuwood Industries Limited IPO And Its GMP Financial Information
Latest Revenue
18,540.13
₹ Crore
Profit After Tax
3,692.53
₹ Crore
Net Worth
3,633.95
₹ Crore
Total Borrowing
576.91
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 16,649.44 | 18,540.13 | 3,692.53 | — | — | ||||
| 31 Mar 2023 | 11,972.79 | 15,368.58 | 2,127.9 | 3,633.95 | 576.91 | ||||
| 31 Mar 2022 | 8,139.79 | 13,432.03 | 443.36 | 1,551.33 | 1,472.79 | ||||
| 31 Mar 2021 | 5,215.65 | 3,963.77 | 304.95 | 1,107.97 | 1,785.58 | ||||
| Amount in ₹ Crore | |||||||||
IPO Estimated Listing Return
Based on the IPO Price of ₹270 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹270 and a lot size of 400 shares.
Archit Nuwood Industries Limited IPO And Its GMP GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 2024-08-28 | ₹270 | ₹270.0 (100%) | 2024-08-28 |
Archit Nuwood Industries Limited IPO And Its GMP Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 57.41% |
| ROCE | 40.38% |
| RoNW | 57.41% |
| PAT Margin (%) | 20.07 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 12.22 | 14.16 |
| P/E (x) | 22.1 | 19.06 |
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Competitive Strengths
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Archit Nuwood Industries Limited IPO And Its GMP IPO Timeline
| 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 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹108,000 |
| Retail (Max) | 1 | 400 | ₹108,000 |
| HNI (Min) | 2 | 800 | ₹216,000 |