Aluwind Architectural Limited (NSE SME)
Mar 28, 2024 - Apr 4, 2024
| Price | ₹45 - ₹45 |
| Premium | ₹5 |
|---|---|
| Lot size | 3000 |
| Allotment | Apr 5, 2024 |
| Listing | Apr 9, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 135000 | 1045 |
| HNI | 2 | 6000 | 270000 | 1045 |
Last updated on 04-Apr-2024 17:00:05
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 3135000 | 16578000 | 5.29 |
| RETAIL | 3135000 | 31896000 | 10.17 |
| Total | 6270000 | 48474000 | 7.73 |
| Retail Apps | 10632 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.32 | @8% ₹0.37 | @9% ₹0.41 | @10% ₹0.46 | @11% ₹0.5 | @12% ₹0.55 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 3135000 |
| Other | 47.5% | 3135000 |
| Market Maker | 5.00% | 330000 |
| Total No. of Shares | 100.0% | 6600000 |
Established in April 2003, Aluwind Architectural Limited is a leading manufacturer and installer of premium aluminium products, catering to a diverse clientele including architects, consultants, builders, institutions, and corporations. Specializing in windows, doors, curtain walls, cladding, and glazing systems, the company prides itself on meticulous craftsmanship tailored to meet the unique needs of its customers. With a wide market presence spanning across major cities in India such as Mumbai, Pune, Bangalore, and Hyderabad, Aluwind Architectural Limited demonstrates a commitment to serving clients nationwide, supported by its manufacturing unit located in Pune, Maharashtra. Boasting notable clients including real estate developers like L&T and Birla, the company has secured various projects through competitive bidding, showcasing its competitive edge and industry reputation. With a dedicated workforce of 178 permanent employees as of September 30, 2023, Aluwind Architectural Limited prioritizes employee training to ensure operational excellence, increased productivity, and adherence to stringent quality and safety standards, reinforcing its position as a trusted leader in the aluminium products market.
Aluwind Architectural IPO Details
| Issue Size | 6,600,000 shares (aggregating up to ₹29.70 Cr) |
| Fresh Issue | 6,600,000 shares (aggregating up to ₹29.70 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,247,420 |
| Share holding post issue | 24,847,420 |
| Market Maker portion | 330,000 shares Nnm Securities |
Key Performance Indicator
| KPI | Sep-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 19.77% | 17.24% | 6.38% |
| ROCE | 24.55% | 22.62% | 9.74% |
| RONW | 19.77% | 17.24% | 6.38% |
| D/E | 0.48 | 0.42 | 0.45 |
| EPS (basic & diluted) | 2.04 | 1.48 | 0.43 |
| P/BV | 5.4 | ||
| P/E (Pre IPO) | 30.41 |
Company Financials
Aluwind Architectural Limited Financial Information (Restated)
Aluwind Architectural Limited 's revenue increased by 67.54% and profit after tax (PAT) rose by 242.7% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Assets | 4,907.14 | 4,086.53 | 3,232.74 | 2,177.73 |
| Revenue | 4,142.97 | 4,900.62 | 2,925.13 | 2,139.29 |
| Profit | 372.83 | 270.05 | 78.80 | 76.92 |
| Net Worth | 2,069.53 | 1,702.56 | 1,429.87 | 1,041.33 |
| Reserves | 1,816.09 | 1,449.13 | 1,417.80 | 1,030.56 |
| Borrowing | 993.98 | 707.52 | 638.92 | 436.06 |
| Amount in ₹ Lakhs | ||||
Strength Factors
Commitment to Quality: Aluwind Architectural Limited's dedication to delivering products that meet the highest standards in quality of material and performance is a significant strength. This commitment ensures customer satisfaction, enhances the company's reputation for reliability, and fosters long-term relationships with clients, ultimately driving business growth and competitiveness in the market.
Culture of Innovation: Aluwind Architectural Limited's culture of embracing new technologies and approaches to improve efficiency, safety, and product quality represents a significant strength. By continuously innovating, the company stays ahead of competitors, adapts to evolving market demands, and drives process improvements, leading to enhanced operational performance, customer satisfaction, and market leadership.
Risk Factors
Dependency on Project Awards: Aluwind Architectural Limited's reliance on projects awarded based on prescribed pre-qualification criteria and competitive bidding processes pose a risk. Failure to secure new projects could adversely affect the company's business and financial condition, leading to potential revenue loss, decreased profitability, and reduced market competitiveness.
Legal and Regulatory Litigation: Aluwind Architectural Limited's involvement in litigation and claims, along with its promoter, poses legal and regulatory risks. Adverse decisions in these legal proceedings, pending at various levels of adjudication before courts and regulatory authorities, may result in liabilities, penalties, and reputational damage. Such outcomes could adversely affect the company's financial status, business operations, and reputation, potentially leading to decreased investor confidence and customer trust.
Aluwind Architectural IPO Lead Manager(s)
- Corpwis Advisors Private Limited
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: grievances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php