Archit Nuwood IPO open date is August 30, 2024 and the IPO will close on September 3, 2024. Aeron Composite is a Book Built Issue. The company to raise around ₹168.48 crores via IPO that comprises fresh issue of ₹168.48 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Archit Nuwood IPO price band is ₹257 to ₹270 per share. The retail quota is 35% , QIB is 50%, and HNI is 15%. Aeron Composite IPO to list on NSE on September 6, 2024. The allotment of Archit Nuwood IPO date is September 4, 2024.
The company reported revenue of ₹107.70 crores in Oct, 2023 against ₹153.70 crore in 2023. The company reported profit of ₹19.54 crores in Oct, 2023 against profit of ₹21.81 crores in 2023.As per the financials the IPO investors should apply the IPO for a long term.
Archit Nuwood IPO Details
| IPO Open Date: | August 30, 2024 |
| IPO Close Date: | September 3, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹257 to ₹270 Per Share |
| Issue Size: | Approx ₹168.48 Crores |
| Fresh Issue: | Approx ₹168.48 Crores |
| Offer for Sale: | NA |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Archit Nuwood IPO Market Lot
The Archit Nuwood IPO minimum market lot is 400 shares with ₹1,08,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 400 | ₹1,08,000 |
| Retail Maximum | 2 | 400 | ₹1,08,000 |
| HNI Minimum | 3 | 800 | ₹2,16,000 |
Archit Nuwood IPO Dates
The Archit Nuwood IPO date is August 30 and the close date is September 3. The Archit Nuwood IPO allotment will be finalized on September 4 and the IPO listing on September 6.
| IPO Open Date: | August 30, 2024 |
| IPO Close Date: | September 3, 2024 |
| Basis of Allotment: | September 4, 2024 |
| Refunds: | September 5, 2024 |
| Credit to Demat Account: | September 5, 2024 |
| IPO Listing Date: | September 6, 2024 |
Promoters of Archit Nuwood
The promoters of the company are Mr. Prem Chand, Mr. Vinod Kumar Singla, and Mr. Vineet Kumar.
About Archit Nuwood Industries
Archit Group began with mustard oil and cotton and has since grown into a successful conglomerate with operations in a variety of industries, including wood products, tobacco, and plastic manufacturing. It has its headquarters in Haryana, India where people appreciate its unique ideas and quality standards in every field they venture into.
The company has made a name for itself as a leader when it comes to providing complete interior solutions through brands like NUWUD and ArchitLAM which manufacture everything from MDF (Medium Density Fiberboard) and HDHWR (High-Density High Water Resistant Boards) to high-pressure laminates and engineered floors. With the aim of providing cost-effective and environment-friendly solutions, Archit Group aims to achieve lower emissions while enhancing customer satisfaction through producing better products and services continuously.
Archit Nuwood Company Financial Report
The company reported revenue of ₹107.70 crores in Oct, 2023 against ₹153.70 crore in 2023. The company reported profit of ₹19.54 crores in Oct, 2023 against profit of ₹21.81 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹39.63 | ₹35.71 | ₹3.05 | ₹- |
| 2022 | ₹134.32 | ₹129.41 | ₹4.43 | ₹- |
| 2023 | ₹153.70 | ₹125.20 | ₹21.28 | ₹- |
| Oct 2023 | ₹113.79 | ₹81.59 | ₹19.54 | ₹- |
Archit Nuwood IPO Valuation – FY2023
Check Archit Nuwood IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 33.27% |
| ROCE: | 24.86% |
| EBITDA Margin: | 13.38% |
| PAT Margin: | 6.56% |
| Debt to equity ratio: | 0.16 |
| Earning Per Share (EPS): | ₹18.21 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 58.56% |
| Net Asset Value (NAV): | ₹31.10 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Rushil Décor Limited | 17.96 | 16.37 | 23.9% | 168.46 | 839.77 Cr. |
| Century Plyboards (India) Limited | 16.27 | 38.53 | 22.8% | 86.16 | 3665.78 Cr. |
Objects of the Issue
- Investing in its wholly owned subsidiary company through equity infusion for purchase of plant and machinery, acquisition of land, meeting essential working capital requirements, and the construction of buildings and electrical installations
- General Corporate Expenses
Archit Nuwood IPO Review
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Archit Nuwood IPO Registrar
Maashitla Securities Pvt. Limited
Phone: 011-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
IPO Lead Managers aka Merchant Bankers
- Share India Capital Services Private Limited
Company Address
Archit Nuwood Limited
H NO.414/11 Jamalpur Road,
Fatehabad, Tohana, Haryana – 125120
Phone: +91 74196 15104
E-mail: cs@architnuwood.com
Website: www.architnuwood.com
Archit Nuwood IPO FAQs
What is Archit Nuwood IPO?
Archit Nuwood IPO is a SME IPO. The company is going to raise ₹168.48 Crores via IPO. The issue is priced at ₹257 to ₹270 pr equity share. The IPO is to be listed on NSE.
When Archit Nuwood IPO will open for subscription?
The IPO is to open on August 30, 2024 for QIB, NII, and Retail Investors. The IPO will close on September 3, 2024.
What is Archit Nuwood IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Archit Nuwood IPO?
You can apply for Archit Nuwood IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Archit Nuwood Issue Size?
Archit Nuwood issue size is ₹168.48 crores.
What is Archit Nuwood IPO Price Band?
Archit Nuwood IPO Price Band is ₹257 to ₹270.
What is Archit Nuwood IPO Lot Size?
The minimum bid is 400 Shares with ₹1,08,000 amount.
What is the Archit Nuwood IPO Allotment Date?
Archit Nuwood IPO allotment date is September 4, 2024.
What is the Archit Nuwood IPO Listing Date?
Archit Nuwood IPO listing date is September 6, 2024. The IPO is to list on NSE.
Note: The Archit Nuwood IPO price band and date are officially announced. The (Archit Nuwood IPO grey market premium) will be added to the IPO GMP page as it will start).
