Issue Price
₹45
Per Share
GMP
NIL
Grey Market
Est. Listing
₹45
Expected Price
Min. Application
₹270,000
2 lots × 3000 shares
Incorporated in April 2003, Aluwind Architectural Limited manufactures and installs a diverse range of aluminium products. These include windows, doors, curtain walls, cladding, and glazing systems, all meticulously crafted to meet architects, consultants, builders, institutions, and corporations' unique needs.The company has expanded its market presence, selling products in various cities across India, including Mumbai, Pune, Bangalore, and Hyderabad. This demonstrates a wide reach and commitment to serving customers nationwide.The company's profits after tax for FY21, FY22, FY23, and H1 FY23 were INR 76.92L, INR 78.80L, INR 270.05L, and INR 372.83L, respectively.The company has a manufacturing unit located in Pune, Maharastra spread across an area of 45000 square foot.The company's clientele includes real estate developers such as L&T and Birla, which helps them to bag diverse projects through competitive bidding.As of September 30, 2023, the company had 178 permanent employees. The company regularly trains its employees to increase operational excellence, improve productivity, and maintain compliance standards on quality and safety.
Aluwind Architectural Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 330,000 | — | ₹1.49 Cr | — |
| TOTAL | 6,600,000 | 100.00% | ₹29.70 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹135,000 |
| Retail (Max) | 13 | 39,000 | ₹1,755,000 |
| sNII (Min) | 14 | 42,000 | ₹1,890,000 |
| bNII (Min) | 68 | 204,000 | ₹9,180,000 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 4142.97 | 4900.62 | 2925.13 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 372.83 | 270.05 | 78.80 |
| Net Worth | 2069.53 | 1702.56 | 1429.87 |
| Total Assets | 4907.14 | 4086.53 | 3232.74 |
| Reserves & Surplus | 1816.09 | 1449.13 | 1417.80 |
| Total Borrowings | 993.98 | 707.52 | 638.92 |