IPO

IPO Synopsis

Aluwind Architectural Ltd
  • Registered Office: 604 Palm Spring Centre Link Rd,Malad (West) Mumbai City, Mumbai - 400064, Maharashtra, India. Phone : 91-022-35135036/37/38/39   Fax:
  • Email : compliance@aluwind.net
  • Website :www.aluwind.net
Initial public issue of upto 66,00,000 equity shares of face value of Rs. 10/- each of Aluwind Architectural Limited (the "Company" or the "Issuer") for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share (the "Issue Price") aggregating to Rs. 29.70 crores ("The Issue"), of which 3,30,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share aggregating to Rs. 1.49 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. 62,70,000 equity shares of face value of Rs. 10/- each at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share aggregating to Rs. 28.21 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.56% and 25.23% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- & the issue price is 4.5 times of the face value of the equity shares.
Issue
Opens On Closes On
28-Mar-24 04-Apr-24
Money Payable On
Application Allotment
45.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 26.95 Corpwis Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 29.70  
Post Issue Equity Share Capital (.Cr) 24.85
Issue Price () 45.00
Projects
Funding of working capital requirements
General corporate purposes
Promoted By
Murli Manohar Ramshankar Kabra
Rajesh Kabra
Jagmohan Ramshankar Kabra
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt