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.

Check latest IPO Review & analysis, Live GMP today, Live Subscription Status Today, Share Price, Financial Information, latest IPO news, Upcoming IPO News before applying in the IPO.

The Upcoming IPOs in this week and coming weeks are Bajaj Housing Finance Limited, Gala Precision Engineering Limited, Baazar Style Retail Limited, Jeyyam Global Foods Limited, Boss Packaging Solutions Limited, Archit Nuwood Industries Limited, Travels & Rentals Limited.

The current active IPO is Aeron Composite Limited, ECOS (India) Mobility & Hospitality Limited, Jay Bee Laminations Limited IPO, Premier Energies Limited IPO, Indian Phosphate Limited IPO, Paramatrix Technologies Limited IPO, Vdeal System Limited IPO.

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About Archit Nuwood Industries Limited

Archit Group mission is to be the leading wood based total interior solution provider in the Country manufacturing MDF, HDHWR & its value-added variants of Prelaminated Boards, UV Lacquered surface Boards, Acrylic surfaced boards along with Laminate & Engineered flooring under the brand NUWUD. Archit Group has further spread its wings into the vibrant decorative surfacing with the ArchitLAM HPL & HPL-Compact Range too, making the Archit Group a truly 3600 Degree Total Interior Solution Provider.

The essence of the Archit Group lies in its focused approach to customer needs and the reflection of those needs in the innovation of new value-added products. They create eco-friendly products that prioritize clean indoor air quality by significantly reducing bacterial, fungal, and viral footprints. Their goal is to make products that are affordable without compromising on quality. Customer delight is their key focus, as a happy customer is the best way to spread their brand name. Lastly, they strive to be there for their customers whenever we need them.

Archit Group ensures constant innovation through product development R&D, bringing forth new products that better reflect their customers' desires and provide cost-effective solutions for a 360-degree total interior solution, which includes furniture, cladding, flooring, decorative surfaces, and panels.

INDIAN MDF INDUSTRY
Medium-density fiberboard (MDF) is an engineered wood panel that is formed by coalescing wood fibers obtained from breaking down hardwood and softwood in a defibrillator. It has a non-directional grain structure, making it an ideal wooden material for cutting, machining drilling processes without the production of chips or splinters. Furthermore, the absence of knot makes it easier for finishing, making it suitable for application in the interior decoration of houses and offices. MDF are usually denser than plywood, along with being considerably inexpensive. These factors make it an excellent alternative material for application wherein moisture resistant and very high impact resistance are not obligatory attributes. For instance, MDF is largely utilized in the assembly of furniture cabinetry and wood flooring subsurface.

The use of Medium Density Fibreboard (MDF) is increasingly finding market acceptance over plywood and India is no exception. Its global market size is estimated at 105.16 million CBM (USD 50.2 billion) in 2021. It is expected to witness a CAGR of 9.6% in the period of 2021-2026. In India, the MDF market size is estimated to be 2.8 million CBM (i.e., Rs. 3000 crores) in 2021. It is expected to grow at CAGR of 15-20% to Rs. 6000 crores by 2026.

* Raw Materials in MDF 
MDF is typically made up of 82% wood fibre, 9% ureaformaldehyde resin glue, 8% water, and 1% paraffin wax Rising Rising trend in the cost of raw materials is a cause of worry for the MDF manufacturers. In the last 6 months, cost of chemicals/resins has increased by 70-80% due to sharp rise in Brent crude oil price which has gone up by 70% in last 6 months. Raw material prices are also impacted by higher container freight rates, strong dollar and price increase in origin countries. MDF 82% WOOD FIBER1% PARAFFIN WAX8% WATER9% UREA- FORMALDEHY DE RESIN GLUE Recent spurt in raw material prices and strong demand condition have encouraged the MDF manufacturers to go for price hike in the last few months. For example, Greenpanel hiked prices by 3% in South India and 6.5% in the rest of India between December 2020 and January 2021 due to an increase in raw material cost. Similarly, other manufacturers, including Century Ply, have hiked prices by 3-8% in last few months.

Uses of MDF
i. It is used in furniture such as in cabinets due to its strong surface, 
ii. It is used as fire resistant material in building construction 
iii. MDF boards are used as insulation and obstacle to vapors in many commercial as well as in residential buildings 
iv. They are used for decorative purposes owing to its flexibility due to which it can be bend into any desired shape etc.

Advantages of MDF 
MDF has become a preferred choice for furniture manufacturers because: 
i. It gives very high-quality finishing 
ii. It is suitable for precise machining techniques 
iii. It is apt for manufacturing modern, branded, low-maintenance furniture
iv. It is suitable for the entire range of home furniture such as modular kitchen, wardrobes and others 
v. It is priced 50% cheaper than premium quality plywood and 25% to 30% cheaper than mid-range plywood

HDF INDUSTRY
High density fiberboard (HDF) is made of wood fibers or other plant fibers along with urea formaldehyde or other synthetic resins through a process of compressing in pressurized heating conditions. Demand for HDF is expected to increase due to a rise in demand for different hardboard with HDF in interior décor, furniture, toys and game boards, as well as in other application sectors. 

High Density Fiberboard Market Size is Expected to Reach US$ 10.7 Bn by 2031, Rising at a Market Growth of 5.7%

Moreover, increase in use of HDF for construction, furniture, consumer goods, packaging, etc., is also estimated to propel the high density fiberboard (HDF) market growth.

Key players engaged in the manufacture of high density board wood are looking to scale up investment in regions where they have limited geographic presence and consolidate their high density fiberboard (HDF) market share. Europe and Middle East & Africa are expected to witness increased investment by the year 2050. 

Analysis of the current high density fibreboard (HDF) market trends reveals that demand for HDF is estimated to increase in the next decade, as industrial, commercial, and residential sectors are adopting HDF sheets for their durability, ductility, strength, etc. 

Different types of high density MDF that are used in the manufacture of hardboard include standard hardboard, painted hardboard, and tempered hardboard, which are ideally used for the manufacture of hardboard due to their durability. This has grabbed the attention ol manufacturers operating in the high density fiberboard (HDF) industry.

High Pressure Laminate (HPL)
Decorative High-Pressure Laminates Market Size was valued at USD 11.5 Billion in 2022. The Decorative High-Pressure Laminates market industry is projected to grow from USD 11.9 Billion in 2023 to USD 15.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.53% during the forecast period (2023 - 2032). There are more attractive high-pressure laminates being used in construction, and they are also less expensive to install and maintain, are the key market drivers enhancing the market growth.

ARCHIT NUWOOD INDUSTRIES LIMITED COMPETITIVE STRENGTHS
1. Proximity of production facilities to raw material sources ensures efficient supply chain management and potentially lower transportation costs.
2. Consistently high-quality products meet the demands of a discerning customer base, fostering brand loyalty and positive word-ofmouth.
3. Diverse product range caters to various customer segments, allowing for market penetration and revenue diversification.
4. Established reputation for quality leads to repeat purchases and customer satisfaction, enhancing brand equity and market competitiveness.

LIMITED COMPETITIVE STRATEGIES
1. Capacity expansion and manufacture of new products
2. To continue brand building and strengthening of the distributor network
3. Tapping large real estate developers and corporate bodies

LIMITED COMPETITIVE RISK FACTORS & CONCERNS
1. Their wholly owned Subsidiary i.e. Archit Panels Private Limited has applied for the Factory License to facilitate the business of manufacturing unit.
2. They are dependent upon few suppliers for the material requirements of the business.
3. The Company’s business operations are done PAN India specifically from Tohana, Haryana.
4. They operate in a competitive environment, cheap substitutions, face fair competition and absence of entry barriersinto laminates production in their business from organized and unorganized players.
5. There are outstanding legal proceedings by their Promoter regarding GST penalty imposed by the authorities.