Archit Nuwood IPO Details: The Archit Nuwood IPO is scheduled to open on August 30, 2024, and will close on September 3, 2024. This is a Book Built Issue, with the company aiming to raise approximately ₹168.48 crores through the IPO. This total includes a fresh issue of ₹168.48 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The price band for the Archit Nuwood IPO is set between ₹257 and ₹270 per share. The allocation is as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The shares are expected to be listed on the NSE on September 6, 2024, with allotments announced on September 4, 2024.
In its financial performance, the company reported a revenue of ₹107.70 crores for October 2023, compared to ₹153.70 crores in the previous year. Net profit stood at ₹19.54 crores in October 2023, down from ₹21.81 crores in 2023. Based on these financials, long-term investors may find this IPO a worthwhile opportunity.
Archit Nuwood IPO Objectives:
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
- To invest in its wholly-owned subsidiary company, Archit Panels Private Limited (i.e. APPL), and
- General Corporate Expenses.
Archit Nuwood IPO Review (Apply or Not)
- Update soon
Archit Nuwood IPO Date & Price Band 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 Lot Size:
The minimum market lot for the Archit Nuwood IPO is 400 shares, with an application amount of ₹1,08,000.
| 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 Timeline:
The Archit Nuwood IPO will open on August 30, 2024, and close on September 3, 2024. Allotments will be finalized on September 4, 2024, and the shares are expected to be listed on the NSE on September 6, 2024.
| 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 |
Archit Nuwood IPO GMP Today:
GMP for Archit Nuwood Industries SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
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 | ₹52.16 |
| 2022 | ₹134.32 | ₹129.41 | ₹4.43 | ₹81.40 |
| 2023 | ₹153.70 | ₹125.20 | ₹21.28 | ₹119.73 |
| Oct 2023 | ₹113.79 | ₹81.59 | ₹19.54 | ₹₹166.49 |
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): | ₹22.57(Basic) |
| Price/Earning P/E Ratio: | 12.12 |
| Return on Net Worth (RoNW): | 57.14% |
| Net Asset Value (NAV): | ₹53 |
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. |
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
1. What are the key dates for the Archit Nuwood IPO?
- Open Date: August 30, 2024
- Close Date: September 3, 2024
- Allotment Date: September 4, 2024
- Listing Date: September 6, 2024
2. What is the price band for the Archit Nuwood IPO? The price band for the Archit Nuwood IPO is set between ₹257 and ₹270 per share.
3. What is the minimum market lot for the IPO? The minimum market lot for the Archit Nuwood IPO is 400 shares, with an application amount of ₹1,08,000.
4. How is the IPO allocation divided? The IPO allocation is divided as follows:
- Retail Investors: 35%
- Qualified Institutional Buyers (QIBs): 50%
- High Net-Worth Individuals (HNIs): 15%
5. When will the shares be listed on the stock exchange? The shares of Archit Nuwood are expected to be listed on the NSE on September 6, 2024.
6. Has the Grey Market Premium (GMP) for Archit Nuwood IPO been announced? As of now, the GMP for Archit Nuwood Industries SME IPO has not started. We are updating the GMP information daily, so please visit us again soon for the latest updates.
7. What are the financial highlights of Archit Nuwood?
- Revenue (October 2023): ₹107.70 crores
- Revenue (Previous Year): ₹153.70 crores
- Net Profit (October 2023): ₹19.54 crores
- Net Profit (Previous Year): ₹21.81 crores
8. Should investors apply for the Archit Nuwood IPO? Based on the company’s financials, long-term investors may find this IPO a promising opportunity. However, it’s advisable to conduct thorough research or consult with a financial advisor before investing.
