Aluwind Architectural IPO will open for subscription from 28 March 2024. The company aims for an issue size of ₹29.70 Cr through this IPO.
Company Overview
| Full name | Aluwind Architectural Limited |
| Sector | Capital Goods |
| Industry | Engineering |
| Company Website | https://www.aluwind.net/ |
About Company
Aluwind Architectural specializes in manufacturing and installing various aluminum products. This encompasses windows, doors, curtain walls, cladding, and glazing systems, all intricately designed to cater to the specific requirements of architects, consultants, builders, institutions, and corporations. The company has one manufacturing unit located in Pune, Maharastra. The company has effectively expanded its market presence, with its products being sold in cities across India, including Mumbai, Pune, Bangalore, and Hyderabad, among others. This showcases a broad reach and a dedication to serving customers nationwide.
As of 30 September 2023, the company had 178 permanent employees. The company regularly trains its employees to enhance operational excellence, improve productivity, and uphold compliance standards on quality and safety.
The Objectives of the Issue
- Funding of working capital requirements of the Company
- General Corporate Expenses
Aluwind Architectural IPO Timetable
| IPO Opening date | 28 March 2024 |
| IPO Closing | 04 April 2024 |
| Basis of Allotment | 05 April 2024 |
| Initiation Refund | 08 April 2024 |
| Credit to Demat Account | 08 April 2024 |
| Listing Date | 09 April 2024 |
Aluwind Architectural IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹29.70 Cr – 6,600,000 shares |
| Fresh Issue | ₹29.70 Cr – 6,600,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹45 per share |
| Lot size | 3000 Shares |
| Market Maker portion | 330,000 shares |
| Shareholding pre-issue | 18,247,420 |
| Shareholding post-issue | 24,847,420 |
| Listing Exchange | NSE SME |
Aluwind Architectural IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
| HNI (Min) | 2 | 6,000 | ₹270,000 |
Aluwind Architectural IPO Reservation Details
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Aluwind Architectural Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 21.28 | 28.99 | 48.87 | 41.36 |
| Expenses | 20.25 | 28.19 | 45.41 | 36.45 |
| Net income | 0.77 | 0.79 | 2.70 | 3.73 |
Aluwind Architectural Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.42 | 0.43 | 1.48 |
| PE ratio | – | – | 30.41 |
| RONW (%) | 7.67 | 6.38 | 17.24 |
| NAV | – | – | 9.33 |
| ROCE (%) | 14.23 | 9.74 | 22.62 |
| EBITDA (%) | 9.09 | 6.40 | 9.74 |
| Debt/Equity | 0.42 | 0.45 | 0.42 |
Company Promoters
- Mr. Murli Manohar Ramshankar Kabra
- Mr. Rajesh Kabra
- Mr. Jagmohan Ramshankar Kabra
- Jagmohan Kabra HUF
Promoter Holding
| Pre Issue Share Holding | 98.22% |
| Post Issue Share Holding | 72.13% |
Aluwind Architectural IPO Lead Manager(s)
CORPWIS ADVISORS PRIVATE LIMITED
510, 5th Floor, Dilkap Chambers, Plot – A/7 Veera Desai
Road, Andheri (West), Mumbai – 400053
Phone: +91 – 22 – 4972 9990
Email: ipo@corpwis.com
Website: www.corpwis.com
Aluwind Architectural Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Aluwind Architectural Contact Details
ALUWIND ARCHITECTURAL LIMITED
604, Palm Spring Centre, Link Road, Malad (West),
Mumbai City, Mumbai, Maharashtra – 400064
Phone: 022- 35135036/37/38/39
E-mail: compliance@aluwind.net
Website: www.aluwind.net
Aluwind Architectural IPO Allotment Status
Aluwind Architectural IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.
Final thoughts
Aluwind Architectural IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
