Archit Nuwood Industries Limited is a key player in the manufacturing of MDF & HDF boards and Prelaminated Sheets, serving a diverse market with high-quality products. Their state-of-the-art factory located in Tohana is equipped with cutting-edge machinery, including MDF & HDF plants and short cycle presses, enabling a robust production capacity of 3600 CBM per day or 7200 boards (16 ft. x 4 ft.) daily.

IPO Details:

The company has announced a Book Built Issue amounting to ₹168.48 Crores, consisting entirely of a Fresh Issue of 62.4 lakh shares. However, the subscription period for the IPO has not yet opened due to queries raised by the exchange, and the dates will be announced later. Once open, the shares will be listed on the BSE SME exchange.

The price band for the Archit Nuwood IPO is set between ₹257 and ₹270 per equity share. Retail investors can participate with a minimum lot size of 400 shares, requiring an investment of ₹108,000. High-Net-Worth Individuals (HNIs) must invest in a minimum of 2 lots (800 shares), amounting to ₹216,000.

The IPO is managed by Share India Capital Services Private Limited as the book-running lead manager, with Maashitla Securities Private Limited acting as the registrar.

Financial Performance:

Archit Nuwood Industries has shown consistent financial growth over the past few years. Revenue increased from ₹13,432.03 Lakhs in FY22 to ₹18,540.13 Lakhs in FY24. Similarly, EBITDA grew from ₹907.77 Lakhs in FY22 to ₹5,421.20 Lakhs in FY24. The company's PAT also surged from ₹443.36 Lakhs in FY22 to ₹3,692.53 Lakhs in FY24, showcasing a significant improvement in profitability.

For this IPO, Archit Nuwood Industries is offering shares at a pre-issue EPS of ₹22.57 and a post-issue EPS of ₹15.60. The pre-issue P/E ratio stands at 11.96x, and the post-issue P/E ratio at 17.30x, compared to the industry P/E ratio of 49.21x. The company's ROCE for FY24 is 40.38%, and ROE for FY24 is 57.41%, indicating strong returns and suggesting that the IPO is fairly priced.

Objectives of the IPO:

The proceeds from the Fresh Issue will be utilized towards the following:

An investment of ₹13,358.14 Lakhs in the company’s wholly owned subsidiary.

General corporate expenses.

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IPO Allotment Status:

Investors can check their allotment status once the allotment is finalized. To do so, follow these steps:

Navigate to the IPO allotment status page on the registrar’s website.

Select "Archit Nuwood Industries Limited IPO" from the dropdown list.

Enter your application number, PAN, or DP Client ID.

Submit the details to view your allotment status.

These steps will help investors quickly determine their allotment status and take appropriate actions based on the results.

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