April 9, 2024
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Aluwind Architectural IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Aluwind Architectural IPO post listing review:
On 9 April, the scrip is listed at Rs. 45, at par with the issue-price of Rs. 45. This listing has been below the expectations of the grey market.
What is the last GMP of Aluwind Architectural IPO?*
Premium: Rs.5
Subject to Rs. 16000
Check Subscription status of Aluwind Architectural IPO
On 4 April 2024 5.00 pm (Day 4) (Closed)
Review: Very weak subscription trend.
NII: 3135000 Shares 5.23 T
RII: 3135000 Shares 10.71 T
Total: 6270000 Shares 8.19 T
What is the business of Aluwind Architectural?
Aluwind Architectural operates in the segment of manufacturing and installing a diverse range of aluminum products. This includes windows, doors, curtain walls, cladding, and glazing systems, all meticulously crafted to meet the unique needs of architects, consultants, builders, institutions, and corporations.
Operating from a cutting-edge 45,000-square-foot facility in Pune, Maharashtra, this tech-driven company specializes in a niche product segment. With infrastructure and advanced machinery, including a powder coating facility and CNC machines, it ensures precision in manufacturing aluminum products like windows, doors, and curtain walls. The facility is strategically organized with distinct sub-divisions for manufacturing, testing, and storage, ensuring an efficient production process. Specialized machines, such as a two-part pump for glazing, contribute to the company’s unique offerings. Additionally, it maintains a display center and goods storage premise in Pune. Rigorous quality checks at multiple stages underscore the company’s commitment to meeting the highest standards.
On the backing of this infrastructure, the company has successfully expanded its market presence, with products sold in cities across India, including Mumbai, Pune, Bangalore, Hyderabad, among others, the company demonstrates a widespread reach and a commitment to serving customers across the nation.
Get more information about the company @ https://www.aluwind.net/
| Aluwind Architectural IPO Details | |
| IPO opens on | 28 March 2024 |
| IPO closes on | 4 April 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 6600000 Sh /Rs 29.70 Cr |
| * Fresh Issue | 6600000 Sh /Rs 29.70 Cr |
| * Offer for Sale | – Sh /Rs – Cr |
| Market Maker Portion | 330000 Sh. |
| Net offer to Public | 6270000 Sh./Rs.28.22 Cr |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 45 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 3000 Shares |
| Listing will at | NSE SME |
| Shares offered in Aluwind Architectural IPO | ||
| Shares | Rs. (Cr) | |
| QIB (0%) | – | – |
| NII (50%) | 3135000 | 14.11 |
| RII (50%) | 3135000 | 14.11 |
| Total Shares | 6270000 | 28.22 |
| Retail portion will be oversubscribed by | 1045 | |
| Forms | ||
| How much Shares to Apply in Aluwind Architectural IPO? | ||
| Min Retail Application | 3000 Sh | Rs. 135000 |
| Min HNI Application | 6000 Sh | Rs.270000 |
Who are the Promoters of Aluwind Architectural IPO?
The promoters of the company are Mr. Murli Manohar Ramshankar Kabra, Mr. Rajesh Kabra, Mr. Jagmohan Ramshankar Kabra and Jagmohan Kabra HUF
What are the Objects of Aluwind Architectural IPO?
The Offer comprises only of a Fresh Issue of Equity shares.
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
Funding of working capital requirements of the Company
General Corporate Expenses
| Aluwind Architectural IPO Tentative timetable | |
| IPO opens on | 28 March 2024 |
| IPO Closes on | 4 April 2024 |
| IPO Allotment on | 5 April 2024 |
| Refund Initiation | 8 April 2024 |
| Credit of Shares | 8 April 2024 |
| Listing on | 9 April 2024 |
| Registered Office of the Company Aluwind Architectural Limited 604, Palm Spring Centre Link Road, Malad (West) Mumbai City, Mumbai – 400064 |
| Who is the Lead Manager of Aluwind Architectural IPO? Corpwis Advisors Private Limited |
| Who is the Registrar to IPO? Skyline Financial Services Private Ltd |
| Aluwind Architectural IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 21.39 | 0.77 | 0.42 | 7.67 |
| 2021-22 | 29.25 | 0.79 | 0.43 | 6.38 |
| 2022-23 | 49.00 | 2.70 | 1.48 | 17.24 |
| Book Value of the Share on | 31.03.2023 | Rs 9.33 | ||
| BV of the Share at cap price | after the IPO | Rs. – | ||
| Offer Price/upper band | Rs. 45 | |||
| Aluwind Architectural IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 22.02 |
| Price/BV Ratio | 4.82 |
| Upper price/BV after IPO | |
How Aluwind Architectural IPO compares with the Peers?
| AS per RHP | FV | Total Income | PE Ratio |
| in Rs. | Rs. in Cr. | ||
| Aluwind Architectural | 10 | 22.02 | |
| Innovators Facade | 10 | 34.20 | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Aluwind ArchitecturalTo the point Guidance
Aluwind Architectural operates in the segment of manufacturing and installing a diverse range of aluminum products. This includes windows, doors, curtain walls, cladding, and glazing systems, all meticulously crafted to meet the unique needs of architects, consultants, builders, institutions, and corporations. Operating from a cutting-edge 45,000-square-foot facility in Pune, Maharashtra, this tech-driven company specializes in a niche product segment.
Size: The net size of the IPO is Rs.28.22 Cr comprising of 6270000 shares. The HNI portion is just Rs.14.11 Cr and Retail portion is Rs. 14.11 Cr. The Retail portion will get oversubscribed with only 1045 applications. With large number of IPOs entering the market and also year-end, the huge oversubscription may not be possible.
Financial Snapshot: The company has shown sharp rise in the profits. In the year 2020-21, it showed net profit of Rs. 77 lacs and in the year prior to the IPO, the profit has shot up to Rs. 2.70 Cr and accordingly the EPS is also increased significantly. We are not sure, whether the company will be able to retain such high profits in the future. Not So attractive. May Apply.
Quicklinks
Aluwind ArchitecturalIPO GMP today details?
Aluwind Architectural IPO
Aluwind Architectural IPO FAQs
What is Aluwind Architectural IPO?
Aluwind Architectural is a SME IPO of 6600000 equity shares of the face value of Rs. 10 aggregating up to Rs.29.70 Crores. The issue is priced at Rs.45 per share. The minimum order quantity is 3000 Shares.
When will Aluwind Architectural IPO open?
Aluwind Architectural IPO opens on March 28, 2024, and closes on April 4, 2024.
What is the lot size of Aluwind Architectural IPO?
Aluwind Architectural IPO lot size is 3000 Shares, and the minimum amount required is Rs.135000.
How to apply for Aluwind Architectural IPO?
You can apply in Aluwind Architectural IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Aluwind Architectural IPO allotment?
The finalization of Basis of Allotment for Aluwind Architectural IPO will be done on April 5, 2024, and the allotted shares will be credited to your demat account by April 8, 2024.
When is Aluwind Architectural IPO listing date?
Aluwind Architectural IPO listing date is April 09, 2024.
