The Archit Nuwood Industries SME IPO is set to launch from August 30 to September 03, 2024, with a listing date on BSE and SME scheduled for September 06, 2024. The IPO price band ranges between Rs.257 to Rs.270 per share. In the financial year ending March 31, 2024, the company reported a 21% increase in revenue and a 74% rise in PAT. The company’s total assets stand at Rs.16,649.44 lakh, with a total revenue of Rs.18,540.13 lakh, and PAT of Rs.3,692.53 lakh.
Key Financial Highlights:
Total Assets: Rs.16,649.44 lakh
Total Revenue: Rs.18,540.13 lakh
PAT: Rs.3,692.53 lakh
EBITDA: Rs.5,421.20 lakh
IPO Details:
Issue Price: Rs.257 to Rs.270 per share
IPO Date: August 30 - September 03, 2024
Listing Date: September 06, 2024
Issue Size: 6,24,0000 shares (up to Rs.168.48 crore)
The Archit Nuwood Industries IPO to utilise the IPO proceeds to invest in its wholly-owned subsidiary, Archit Panels Private Limited (APPL), and for general corporate purposes.