Aluwind Architectural Limited

28 Mar 2024 - 04 Apr 2024 Individual Category SME IPO NSE

Min Investment

₹270000

Price Band

₹45

Issue Size

66 lakhs
Equity Shares

Lot Size

3000 (per lot)

IPO Dates
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28 Mar 2024

Open Date

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04 Apr 2024

Close Date

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05 Apr 2024

Allotment Date

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09 Apr 2024

Listing Date

Aluwind Architectural IPO is open for subscription starting Thursday, March 28, 2024, and closing on Thursday, April 4, 2024. The price of this upcoming IPO is decided at Rs 45 per share. The minimum lot size of this application for the retail category is 3000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 6000 shares. The minimum amount of investment required for retail category investors is Rs 1,35,000 (45 x 3000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,70,000 (45 x 6000 shares). Aluwind Architectural IPO is a book-built issue of Rs 29.70 crores. This upcoming IPO issue is completely a fresh issue of 66 lakh equity shares. The offer for sale component is not available in this issue. The allotment for this new IPO is expected to be finalised on Friday, April 5, 2024. Aluwind Architectural IPO will be listed on NSE SME, and the listing date is fixed on Tuesday, April 9, 2024. The book-running lead manager of Aluwind Architectural IPO is Corpwis Advisors Private Limited. The registrar for this IPO is Skyline Financial Services Private Limited. The market maker of this IPO is Nm Securities.

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About Aluwind Architectural Limited

Aluwind Architectural incorporated in April 2003, manufactures and instals a diverse range of aluminium products. The product portfolio includes, windows, doors, curtain walls, cladding and glazing system. Company had an operating history spanning over many years. Company operates from a cutting edge 45000 sq.ft facility in Pune. The infrastructure and advanced machinery including a power coating facility and CNC machines. Specialised machines such as two part pumps for glazing, contribute to the company’s unique offerings. Company also maintains a display centre and goods storage premise in Pune. Aluwind Architectural has expanded its market presence by selling products into various cities across India, including Mumbai, Pune, Bangalore and Hyderabad. 

Founded

2003

Managing Director

Mr. Murli Manohar Kabra

Parent Organization

IPO Objectives

The funds received from this issue will be used to cover the working capital requirements of the company. Other than this, proceeds will be utilised for general corporate purposes like making and financing of any payment, capital expenditure etc.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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