Aluwind Architectural Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Aluwind

CMP

78.80

+3.75 (5.00%)

  • DRHP
₹45

Offer Price

₹ 29.70 Cr

Issue Size

₹ 1,35,000

Min Investment

3,000

Lot size

Time Line

  • 28
    Mar 2024
    Open
  • 04
    Apr 2024
    Close
  • 05
    Apr 2024
    Finalisation of Basis of Allotment
  • 08
    Apr 2024
    Initiation of Refunds
  • 08
    Apr 2024
    Transfer of Shares to Demat Account
  • 09
    Apr 2024
    Listing Date

Objects of the Offer

  • Organic Growth.

  • Brownfield Expansion.

  • Tie-up with World-renowned Vendors.

  • Expansion of Eternia Brand.

  • Geographical Expansion.

Strengths

  • Experienced Leadership Backed by a Skilled Professional Team.

  • Robust Financial Performance: Maintaining Profitability through COVID-19 Challenges

  • Fostering Longstanding Client Relationships and Builder`s Fraternity Connectivity.

  • Widening Horizons: Unmatched Excellence in Aluminium Solutions.

  • Crafting Spaces with Precision and Excellence in Aluminium

Risks

  • The Company and Promoter of the Company are parties to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before the court and regulatory authority. Any adverse decision may make it liable to liabilities/penalties and may adversely affect its reputation, business, and financial status.

  • Its business requires the services of third parties, including suppliers and subcontractors, which entail certain risks.

  • Its projects are typically awarded to the company on satisfaction of prescribed pre-qualification criteria and following a competitive bidding process. Its business and the company financial condition may be adversely affected if new projects are not awarded to the company.

  • Increase in costs or a shortfall in availability of the materials the company purchase could have a material adverse effect on the Company`s sales, profitability and results of operations.

  • The nature of its business exposes the company to liability claims and contract disputes and its indemnities may not adequately protect it. Any liability in excess of its reserves or indemnities could result in additional costs, which would reduce its profits.

Company Promoters

Promoters Holding

Issue For IPO
21.24%
Pre Holding

79.95%

Post Holding

58.71%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 28.99 (36.20%) 48.87 (68.60%) 19.77 (-)
Gross Profit 28.99 (36.20%) 48.87 (68.60%) 19.77 (-)
Net Income 28.99 (36.20%) 48.87 (68.60%) 19.77 (-)
Assets 28.99 (36.20%) 48.87 (68.60%) 19.77 (-)
Liabilities 28.99 (36.20%) 48.87 (68.60%) 19.77 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Aluwind Architectural Ltd 48.87 2.70 24.19 7.17 19.77 0.00 67.18 1.91 0.29
Innovators Facade Systems Ltd 181.17 8.42 254.70 254.70 6.46 4.46 69.07 3.30 0.30

Book Running Managers

  • Corpwis Advisors Pvt Ltd

Registrar & Transfer Agent

Skyline Financial Services Pvt

D-153/A 1st Flr,
Okhla Industrial Are,
Phase-I - New Delhi-110020
Phone : 91-11-26812682 Fax: 91-11-30857562

Company Contact Information

604 Palm Spring Centre Link Rd,
Malad (West) Mumbai City,
Mumbai - 400064
Phone : 91-022-35135036/37/38/39 Email : compliance@aluwind.net www.aluwind.net

Offer Related Information

Initial public issue of upto 66,00,000 equity shares of face value of Rs. 10/- each of Aluwind Architectural Limited (the "Company" or the "Issuer") for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share (the "Issue Price") aggregating to Rs. 29.70 crores ("The Issue"), of which 3,30,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share... More

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