The Aluwind Architectural IPO date has been confirmed from March 28, 2024, and closes on April 4, 2024. Read the post to learn about Aluwind Architectural IPO GMP.
Hey there folks, Exciting news in the investment world! Aluwind Architectural Developers is rolling out its IPO valued at a whopping Rs 29.70 crores, priced at a steal of ₹45 per share. Aluwind Architectural IPO GMP Today is ₹NA. Now, here’s the scoop: you’ve got from March 28 to April 4, 2024, to jump on this opportunity. They’ll sort out the allocation by April 5, and if all goes as planned, they’re aiming for a listing on April 9, 2024, over at NSE SME.
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Bidding Dates
Mar 28 – Apr 4
Price Range
₹45 per share
Face Value
₹10 per share
GMP
₹7
Aluwind Architectural IPO GMP
The Aluwind Architectural IPO GMP Today is ₹7.
IPO Overview
Now, let’s talk numbers. The minimum lot size you can apply for is 3000 shares. That means, if you’re a retail investor, you’re looking at shelling out at least ₹135,000. And for the High Net Worth Individuals (HNIs), it’s double that – they’ve got to go in with at least 2 lots, totaling ₹270,000.
Aluwind Architectural IPO Details
| IPO Date | March 28, 2024 to April 4, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 6,600,000 shares (aggregating up to ₹29.70 Cr) |
| Fresh Issue | 6,600,000 shares (aggregating up to ₹29.70 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,247,420 |
| Share holding post issue | 24,847,420 |
| Market Maker portion | 330,000 shares |
Aluwind Architectural Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 4,907.14 | 4,086.53 | 3,232.74 | 2,177.73 |
| Revenue | 4,142.97 | 4,900.62 | 2,925.13 | 2,139.29 |
| Profit After Tax | 372.83 | 270.05 | 78.80 | 76.92 |
| Net Worth | 2,069.53 | 1,702.56 | 1,429.87 | 1,041.33 |
| Reserves and Surplus | 1,816.09 | 1,449.13 | 1,417.80 | 1,030.56 |
| Total Borrowing | 993.98 | 707.52 | 638.92 | 436.06 |
| Amount in ₹ Lakhs | ||||
Aluwind Architectural IPO Timeline
| IPO Open Date | Thursday, March 28, 2024 |
| IPO Close Date | Thursday, April 4, 2024 |
| Basis of Allotment | Friday, April 5, 2024 |
| Initiation of Refunds | Monday, April 8, 2024 |
| Credit of Shares to Demat | Monday, April 8, 2024 |
| Listing Date | Tuesday, April 9, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 4, 2024 |
Company Profile
Financially speaking, they’ve been holding steady. Reporting profits after tax of INR 76.92L, INR 78.80L, INR 270.05L, and INR 372.83L for FY21, FY22, FY23, and H1 FY23 respectively. They’re running the show from their one manufacturing hub in Pune, Maharashtra, with a team of 178 permanent employees as of September 30, 2023. And hey, they take good care of their people too, with regular training to keep them sharp and productive. So, there you have it – Aluwind Architectural Developers’ IPO is on the horizon, and it’s looking like a golden opportunity for savvy investors.
Registrar Info
| Name | Skyline Financial Services Private Ltd |
| Phone number | 02228511022 |
| Email ID | grievances@skylinerta.com |
| Website | skylinerta.com |
Contact Details
| Name | Aluwind Architectural Limited |
| Phone number | 022- 35135036 |
| Email ID | compliance@aluwind.net |
| Website | aluwind.net |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
