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Aluwind Architectural IPO: Everything You Need to Know

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Aluwind Architectural is gearing up for its IPO, offering shares at a price of ₹45 each. The IPO is scheduled to open on March 28 and close on April 4. Here’s a simplified breakdown of what you need to know:

Company Overview: Aluwind Architectural specializes in producing aluminum products like windows, doors, curtain walls, and more. They cater to various sectors including builders, architects, and businesses. With a focus on quality and precision, they operate from a modern facility in Pune, Maharashtra.

Financial Performance: From 2022 to 2023, Aluwind saw a significant rise in profits and revenue. Their profit after tax surged by 242.7%, and revenue increased by 67.54% during this period.

IPO Details:

  • Price Per Share: ₹45
  • Lot Size: 3,000 shares
  • Issue Size: ₹29.70 crore
  • Fresh Issue: 66,00,000 equity shares
  • Objective: The funds raised will be utilized for general corporate expenses and working capital requirements.

Market Presence: Aluwind’s products are sold across major Indian cities like Mumbai, Pune, Bangalore, and Hyderabad, showcasing their widespread reach and commitment to customer satisfaction.

Key Dates:

  • IPO Subscription: March 28 to April 4
  • Basis for Share Allocation: April 5
  • Refunds Initiation: April 8
  • Listing Date: April 9 (Expected)

Lead Managers and Registrars:

  • Book Running Lead Manager: Corpwis Advisors Private Limited
  • Registrar: Skyline Financial Services Private Ltd

Conclusion: Aluwind Architectural’s IPO presents an opportunity to invest in a company with a strong financial track record and a promising future in the aluminum products market.

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