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Aluwind Architectural IPO's Tepid Start with 0.35x Subscription on Day One

News by Aliceblue News Desk

28 Mar 2024

Aluwind Architectural IPO's Tepid Start with 0.35x Subscription on Day One

Aluwind Architectural Limited IPO subscribed a modest 0.35 times on day 1, reflecting subdued investor interest. This tepid response suggests a cautious approach from investors, possibly due to market conditions or limited awareness about the company’s offerings in the architectural sector.

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How To Check Aluwind Architectural Limited IPO Subscription Status? 

Steps to check the IPO allotment status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the Aluwind Architectural Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Aluwind Architectural Limited IPO Allotment Status

The allotment date for the Aluwind Architectural Limited IPO is set for April 5, 2024, with shares priced at a range of ₹45 per share and a face value of ₹10. The offering consists of lots of 3000 shares, with bids accepted for these lots or their multiples.

Aluwind Architectural Limited IPO Listing Date 

Aluwind Architectural IPO is expected to list on the NSE SME on April 5, 2024.

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