Archit Nuwood Industries Limited IPO has a ₹270 as Grey Market Premium as of Aug 29, 2024, with a price range from ₹257 to ₹270 per share. Offering lots of 400 shares, the subscription window is open from August 30 to September 3, 2024.
Archit Nuwood Industries Limited IPO GMP Today
The Grey Market Premium (GMP) for Archit Nuwood Industries Limited is ₹270 as of August 29, 2024. This assessment coincides with a price from ₹257 to ₹270 per share for the IPO.
Archit Nuwood Industries Limited IPO Review
Archit Nuwood Industries Ltd has shown notable financial growth, with net revenue increasing from ₹15,368.58 lakhs in March 2023 to ₹18,540.13 lakhs by March 2024. This growth is supported by substantial increases in profitability and EPS, showcasing strong investor confidence.
Profitability has improved significantly, with PAT jumping from ₹2,127.9 lakhs in March 2023 to ₹3,692.53 lakhs by March 2024. The company’s financial health is robust, as evidenced by growing assets and a reduced debt-equity ratio. Equity and liabilities have consistently increased, reflecting expansion potential, while an improvement in RoNW to 57.41% highlights enhanced shareholder value generation.
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Archit Nuwood Industries Limited IPO Date
Archit Nuwood Industries Limited will start accepting subscriptions from August 30 to September 3, 2024.
Archit Nuwood Industries Limited IPO Price
Archit Nuwood Industries Limited’s price range is from ₹257 to ₹270 per share with a face value of ₹10 each.
Archit Nuwood Industries Limited
Archit Nuwood Industries Limited, established as a private company in 2017 and public in 2023, manufactures Medium-Density fiberboard (MDF) at its Haryana unit with a 300-tonne daily capacity. Its advanced Tohana factory produces 3600 CBM of MDF and HDF boards daily, offering eco-friendly, versatile pre-laminated sheets in various textures for diverse residential and commercial uses.
How To Apply For Archit Nuwood Industries Limited IPO?
To apply for the Archit Nuwood Industries Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Archit Nuwood Industries Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
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