Archit Nuwood Industries Limited IPO GMP

Archit Nuwood Industries is engaged manufacturing of broad range of MDF & HDF boards, and Prelaminated Sheets of different varieties. The Factory is located at Tohana and equipped with MDF & HDF Plant along with Short Cycle Presses with an installed capacity of 3600 CBM per day (7200 Boards of size 16 ft. 4ft. in a day).

Archit Nuwood Industries, an Book Built Issue amounting to ₹168.48 crores, consisting entirely a Fresh Issue of 62.4 Lakh Shares. 

The subscription period for the Archit Nuwood Industries IPO is still not open following some query raised by exchange and the subscription period will be announced later. The shares will be listed on the BSE SME.

The Share price Band of Archit Nuwood IPO is set at ₹257 to ₹270 equity per share, with a minimum lot size of 400 shares. Retail investors are required to invest a minimum of ₹108,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (800 shares), amounting to ₹216,000.

SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED is the book-running lead manager, MAASHITLA SECURITIES PRIVATE LIMITED is the registrar for the Issue. 

Archit Nuwood Industries Limited IPO Allotment Status
Archit Nuwood IPO Allotment will be live on Registrar Website from the allotment date. Check Archit Nuwood Industries Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Archit Nuwood Industries Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Archit Nuwood Industries Limited IPO
Archit Nuwood Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹13,358.14 Lakhs is required to make investment in its wholly owned subsidiary company
2. General Corporate Expenses.

Refer to Archit Nuwood Industries Limited RHP for more details about the Company.