ARCHIT NUWOOD INDUSTRIES LIMITED

Archit Nuwood Industries is open for subscription from Friday, August 30, 2024, and closes on Tuesday, September 3, 2024. The price band for this IPO is set at Rs 257 – Rs 270 per share. Archit Nuwood Industries’ IPO is offering entirely a fresh issue of 62.40 lakh of equity shares. The allotment for this new IPO is expected to be finalised on Wednesday, September 4, 2024. The listing of this IPO will be done on Friday, September 6, 2024, at BSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 400 shares. For retail investors, the minimum and maximum investment amount required is Rs 108,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 800 shares amounting to Rs 216,000. The IPO is managed by Share India Capital Services Private Limited, which is the book-running lead manager of this public issue. The company has appointed Maashitla Securities Private Limited as the registrar for the issue.