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20 Nov 2024
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.
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IPO OVERVIEW
- ● Issue Size: ₹168.48 crores
- ● Offer Type: Entirely a fresh issue of 62.4 lakh shares
- ● Price: ₹257 to ₹270 per share
- ● Subscription Dates: Opens on August 30, 2024, and closes on September 3, 2024
- ● Minimum Lot Size: 400 shares
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Key Players Involved:
- ● Book Running Lead Manager: Share India Capital Services Private Limited
- ● Registrar: Maashitla Securities Private Limited
WHAT IS GMP?
GMP stands for Grey Market Premium, and if you are planning your IPO then GMP plays an important role. A grey market is a place where stocks/shares get traded before getting officially listed on any stock exchange. The difference between the IPO price and the grey market price is known as GMP (grey market premium). GMP is a premium amount paid at which initial public offering (IPO) shares are traded before it is listed on the stock exchanges.
Archit Nuwood Industries IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 28-08-2024 | 270 | 270.0 (100%) | 28-Aug-2024 13:30 |
| 27-08-2024 | 270 | 270.0 (100%) | 27-Aug-2024 12:20 |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Archit Nuwood Industries IPO Overview
| 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 | 6,240,000 shares (aggregating up to ₹168.48 Cr) |
| Fresh Issue | 6,240,000 shares (aggregating up to ₹168.48 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Shareholding pre issue | 17,415,460 |
| Shareholding post issue | 23,655,460 |
Archit Nuwood Industries IPO Timeline (Tentative Schedule)
| Detail | Description |
|---|---|
| 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹108,000 |
| Retail (Max) | 1 | 400 | ₹108,000 |
| HNI (Min) | 2 | 800 | ₹216,000 |
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 |
Archit Nuwood Industries IPO Promoter Holding
| Share Holding Pre Issue | 93.92% |
| Share Holding Post Issue | 69.15% |
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.
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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).
Archit Nuwood Industries Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | ||||||||||||||||||||||||||||||||||||
| Assets | 16,649.44 | 11,972.79 | 8,139.79 | 5,215.65 | ||||||||||||||||||||||||||||||||||||
| Revenue | 18,540.13 | 15,368.58 | 13,432.03 | 3,963.77 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 3,692.53 | 2,127.9 | 443.36 | 304.95 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 3,633.95 | 1,551.33 | 1,107.97 | |||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 7,488.68 | 2,465.56 | 382.94 | -60.42 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 576.91 | 1,472.79 | 1,785.58 | |||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
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 |
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.
FAQs for Archit Nuwood IPO
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What is Archit Nuwood IPO?
Archit Nuwood IPO is a SME IPO. The company is going to raise ₹168.48 Crores via IPO. The issue is priced at ₹257 to ₹270 per equity share. The IPO is to be listed on NSE.
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When will the Archit Nuwood IPO open for subscription?
The IPO is to open on August 30, 2024, for QIB, NII and Retail Investors. The IPO will close on September 3, 2024.
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What is Archit Nuwood IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15% and Retail is 35%.
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What is Archit Nuwood's Issue Size?
Archit Nuwood issue size is ₹168.48 crores.
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What is Archit Nuwood IPO Price Band?
Archit Nuwood IPO Price Band is ₹257 to ₹270.
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What is Archit Nuwood's IPO Lot Size?
The minimum bid is 400 Shares with ₹1,08,000.
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What is the Archit Nuwood IPO Allotment Date?
Archit Nuwood's IPO allotment date is September 4, 2024.
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What is the Archit Nuwood IPO Listing Date?
Archit Nuwood's IPO listing date is September 6, 2024. The IPO is to be listed on the NSE.
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What is the current GMP of Archit Nuwood?
The current GMP of Archit Nuwood is 270.0 (100%).
RHP:
RHP of Archit Nuwood Industries Limited IPO.
DRHP:
DRHP of Archit Nuwood Industries Limited IPO.
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What is Archit Nuwood IPO?
Archit Nuwood IPO is a SME IPO. The company is going to raise ₹168.48 Crores via IPO. The issue is priced at ₹257 to ₹270 per equity share. The IPO is to be listed on NSE.
-
When will the Archit Nuwood IPO open for subscription?
The IPO is to open on August 30, 2024, for QIB, NII and Retail Investors. The IPO will close on September 3, 2024.
-
What is Archit Nuwood IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15% and Retail is 35%.
-
What is Archit Nuwood's Issue Size?
Archit Nuwood issue size is ₹168.48 crores.
-
What is Archit Nuwood IPO Price Band?
Archit Nuwood IPO Price Band is ₹257 to ₹270.
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What is Archit Nuwood's IPO Lot Size?
The minimum bid is 400 Shares with ₹1,08,000.
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What is the Archit Nuwood IPO Allotment Date?
Archit Nuwood's IPO allotment date is September 4, 2024.
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What is the Archit Nuwood IPO Listing Date?
Archit Nuwood's IPO listing date is September 6, 2024. The IPO is to be listed on the NSE.
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What is the current GMP of Archit Nuwood?
The current GMP of Archit Nuwood is 270.0 (100%).
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