Archit Nuwood Industries Limited's IPO offers 62,40,000 shares worth INR 168.48 crores to invest in its subsidiary, Archit Panels, and cover general corporate expenses.
Open Date : August 30, 2024 Close Date : September 3, 2024 Allotment Date: September 4, 2024 Listing Date: September 6, 2024
IPO Price: INR 257-270 per share Lot Size: 400 Shares Total Issue Size: INR 168.48 crores
Archit Nuwood Industries IPO shows mixed performance: 1. Consistent revenue growth. 2. Improved profitability & EPS. 3. Higher RoNW,Liquidity & current ratio challenges.
1. Lower market cap and operating margins compared to competitors. 2. Room for growth, Competes in a challenging market.
Archit Nuwood Industries Limited aims to invest in its wholly-owned subsidiary.
Archit Nuwood Industries IPO Risks: 1. Ongoing legal proceedings. 2. Risk of counterfeiting due to unregistered trademarks. 3. Factory License delays. 4. Potential impact on profitability and reputation.