Archit Nuwood Industries IPO Overview

 Archit Nuwood Industries is set to launch its IPO with an issue size of ₹168.48 crores, entirely consisting of a fresh issue of 62.4 lakh shares. The exact dates for the IPO are yet to be announced. The IPO will be a book-built issue, and the price band is set between ₹257 and ₹270 per share. Below are the key details of the IPO:

IPO DetailsInformation
IPO DateTo be announced
Issue Size6,240,000 shares (₹168.48 Cr)
Price Band₹257 to ₹270 per share
Lot Size400 Shares
Issue TypeBook Built Issue
Listing ExchangeBSE SME
Face Value₹10 per share
Pre-Issue Shareholding17,415,460 shares
Post-Issue Shareholding23,655,460 shares

IPO Reservation Details

The IPO has a reservation for different investor categories as per the following structure:

Investor CategoryShares Offered
QIBNot more than 50.00% of the Net Offer
Retail InvestorsNot less than 35.00% of the Offer
NII (HNI)Not less than 15.00% of the Offer

IPO Lot Size and Investment Requirements

Investors can bid for a minimum of 400 shares. Below is a table summarizing the minimum and maximum investment requirements:

ApplicationLotsSharesAmount (₹)
Retail (Min)1400₹108,000
Retail (Max)1400₹108,000
HNI (Min)2800₹216,000

Promoter Holding

Archit Nuwood Industries' promoters include Mr. Prem Chand, Mr. Vinod Kumar Singla, and Mr. Vineet Kumar. The promoter holding details are as follows:

ShareholdingPre-Issue (%)Post-Issue (%)
Promoter Holding93.92%69.15%

About Archit Nuwood Industries

Founded in 2017, Archit Nuwood Industries Limited specializes in manufacturing MDF (Medium Density Fiberboard) and HDF (High-Density Fiberboard) boards, as well as pre-laminated boards. The company offers a diverse product portfolio that includes MDF, HDF, and High-Pressure Laminates (HPL). As of April 2024, the company had 149 employees.

Financial Performance

The company's financial performance has seen significant growth over the past few years. Below is a table summarizing key financial metrics:

Financial Information (₹ Lakhs)31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets16,649.4411,972.798,139.795,215.65
Revenue18,540.1315,368.5813,432.033,963.77
Profit After Tax (PAT)3,692.532,127.9443.36304.95
Net Worth3,633.951,551.331,107.97
Reserves & Surplus7,488.682,465.56382.94-60.42
Total Borrowing576.911,472.791,785.58

Key Performance Indicators (as of March 31, 2023)

KPIValue
ROE57.41%
ROCE40.38%
RoNW57.41%
PAT Margin (%)20.07

IPO Pricing & Valuation

The market capitalization of Archit Nuwood Industries IPO is ₹638.7 crore. The Earnings Per Share (EPS) and Price-to-Earnings (P/E) ratios pre and post-IPO are summarized below:

MetricPre IPOPost IPO
EPS (₹)12.2214.16
P/E (x)22.119.06

Objects of the Issue

The IPO proceeds will be utilized for:

  1. Investment in Archit Panels Private Limited, the wholly-owned subsidiary.
  2. General corporate expenses.

Review & Recommendation

According to market experts, Archit Nuwood Industries has shown robust growth in recent years, particularly due to the rising demand for MDF and HDF boards in the realty sector. The company's strong financial performance and reasonable pricing make it a good medium-to-long-term investment.

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