What you must know about Aluwind Architectural IPO?
by 5paisa Research Team
27 Mar 2024
Listing Details
- Listing Exchange NSE SME
- Listing Date 09-Apr-24
- IPO Price Range ₹ 45
- Listing Price ₹ 45
- Listing Change 0.0%
- Last Traded Price ₹ 59.5
- Current Change 32.2%
Aluwind Architectural IPO Details
- Open Date 28-Mar-24
- Close Date 04-Apr-24
- Lot Size 3000
- IPO Size ₹ 29.70 Cr
- IPO Price Range ₹ 45
- Min Investment ₹ 135,000
- Listing Exchange NSE SME
- Basis of Allotment 05-Apr-24
- Refunds 08-Apr-24
- Credit to Demat Account 08-Apr-24
- Listing Date 09-Apr-24
Aluwind Architectural IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 28-Mar-24 | - | 0.34 | 0.41 | 0.37 |
| 01-Apr-24 | - | 0.34 | 0.98 | 0.66 |
| 02-Apr-24 | - | 0.48 | 1.77 | 1.13 |
| 03-Apr-24 | - | 0.76 | 2.98 | 1.87 |
| 04-Apr-24 | - | 5.23 | 10.71 | 8.19 |
Aluwind Architectural IPO Synopsis
Aluwind Architectural Limited IPO is all set to open from 28th March to 4th April 2024. The company makes and installs aluminum products. The IPO includes a fresh issue of 6,600,000 shares worth ₹29.70 cr. The share allotment date is 5th April 2024, and the IPO will be listed on 9th April 2024 on the stock exchanges. The price band is ₹45 and the lot size is 3000 shares.
Corpwis Advisors Private Limited is the book-running lead manager for this IPO, while Skyline Financial Services Private Limited is the registrar.
Objectives of the Issue
Aluwind Architectural Limited plans to utilize the raised capital from the IPO to:
● For working capital requirements.
● General Corporate Purposes.
About Aluwind Architectural
Established in 2003, Aluwind Architectural makes and installs aluminum products like windows, doors, curtain walls, cladding, and glazing systems. The end customers for these products are architects, consultants, builders, institutions, and corporations. The company’s manufacturing unit is based in Pune, Maharashtra, which is equipped with advanced machinery.
Aluwind Architectural has a presence in different Indian cities like Mumbai, Pune, Bangalore, Hyderabad, etc.
Peer Comparison
● Innovators Facade Systems Limited
For More Information:
Webstory on Aluwind Architectural IPO
Aluwind Architectural Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 48.86 | 28.98 | 21.28 |
| EBITDA | 4.75 | 1.85 | 1.93 |
| PAT | 2.70 | 0.78 | 0.76 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 40.86 | 32.32 | 21.77 |
| Share Capital | 2.53 | 0.12 | 0.10 |
| Total Borrowings | 23.83 | 18.02 | 11.36 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 1.52 | -1.81 | 3.01 |
| Net cash from / (used in) investing activities | -1.55 | -3.24 | -0.39 |
| Net cash flow from / (used in) financing activities | 0.20 | 4.65 | -2.11 |
| Net increase (decrease) in cash and cash equivalents | 0.17 | -0.41 | 0.51 |
Aluwind Architectural IPO Key Points
-
Strengths
1. The company has demonstrated robust financial performance.
2. It has a long-standing customer base along with strong relationships with Builder's Fraternity.
3. The company is focusing on expansion.
4. A wide range of product portfolio and in-house manufacturing.
5. A highly experienced and professional leadership team.
-
Risks
1. The company’s revenue is concentrated in Maharashtra.
2. It has reported negative cash flows in the past.
3. High working capital requirements.
4. The business is subject to seasonal fluctuations.
5. Any slowdown in the real estate sector in India can impact the business.
Aluwind Architectural
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Aluwind Architectural IPO FAQs
When does the Aluwind Architectural IPO opens and closes?
Aluwind Architectural IPO opens from 28th March to 4th April 2024.
What is the size of the Aluwind Architectural IPO?
The size of Aluwind Architectural IPO is ₹29.70 cr.
How to apply for the Aluwind Architectural IPO?
To apply for Aluwind Architectural IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Aluwind Architectural IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of Aluwind Architectural IPO?
The price band of Aluwind Architectural IPO is fixed at ₹45 per share.
What is the minimum lot size and investment required for the Aluwind Architectural IPO?
The minimum lot size of Aluwind Architectural IPO is 3000 shares and the investment required is ₹1,35,000.
What is the allotment date of the Aluwind Architectural IPO?
The share allotment date of Aluwind Architectural IPO is 5th April 2024.
What is the Aluwind Architectural IPO listing date?
The Aluwind Architectural IPO will be listed on 9th April 2024.
Who are the book runners for the Aluwind Architectural IPO?
Corpwis Advisors Private Limited is the book-running lead manager for Aluwind Architectural IPO.
What is the objective of Aluwind Architectural IPO?
Aluwind Architectural plans to utilize the raised capital from the IPO to:
● For working capital requirements.
● General Corporate Purposes.
Contact Details of Aluwind Architectural IPO
Contact Information
Aluwind Architectural Limited
604, Palm Spring Centre
Link Road, Malad (West)
Mumbai City, Mumbai - 400064
Phone: 022- 35135036
Email: compliance@aluwind.net
Website: https://www.aluwind.net/
Aluwind Architectural IPO Register
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: grievances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Aluwind Architectural IPO Lead Manager
Corpwis Advisors Private Limited
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