ARCHIT NUWOOD INDUSTRIES (BSE SME)

Aug 30, 2023 - Sep 3, 2023

Price ₹257 - ₹270
Premium ₹270
Lot size 400
Allotment Sep 4, 2023
Listing Sep 6, 2023
Category Lot(s) Qty Amount Reserved
Retail 1 400 108000 5178
HNI 2 800 216000 2220
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail33.19%2071200
NII (HNI)14.23%888000
Anchor28.43%1774000
QIB18.96%1182800
Market Maker5.19%324000
Total 100.00%6240000

IPO Details

Total Issue Size6,240,000 shares (aggregating up to 168.48 Cr)
Fresh Issue6,240,000 shares (aggregating up to 168.48 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share holding pre issue17,415,460
Share holding post issue23,655,460

Key Performance Indicators

KPIMar-24Mar-22Mar-21
ROE57.41%82.07%33.34%
ROCE40.38%69.67%18.93%
RONW57.41%82.07%33.34%
EPS
(Diluted)		22.5718.213.79
P/E
Pre IPO		22.1
P/E
Post IPO		19.06

Financial Statement (Restated)

Period EndedMar-24Mar-23Mar-22Mar-21
Assets16,649.4411,972.798,139.795,215.65
Revenue18,540.1315,368.5813,432.033,963.77
Profit After Tax3,692.532,127.90443.36304.95
Net Worth-3,633.951,551.331,107.97
Reserves and Surplus7,488.682,465.56382.94-60.42
Total Borrowing-576.911,472.791,785.58
Amount in Lakhs

About Company

Archit Nuwood Industries Limited, established in 2017, is a leading manufacturer specializing in a diverse range of Medium Density Fiberboard (MDF) and High-Density Fiberboard (HDF) products. The company's extensive product portfolio includes Pre-laminated Interior and Exterior Grade MDF, Plain Interior and Exterior Grade MDF, Pre-laminated and Plain HDF, as well as California Air Resources Board (CARB) Compliant Panels, both in plain and pre-laminated forms. Additionally, they offer High-Pressure Laminates (HPL) in various designs. With a dedicated workforce of 149 employees as of April 26, 2024, Archit Nuwood Industries is committed to delivering high-quality materials that cater to the diverse needs of the interior design and construction industries.As of April 26, 2024, the Company had 149 employees, including directors, on its payroll.
Lead Manager(s)
SHARE INDIA CAPITAL SERVICES PRIVATE LIMITED
Website: www.shareindia.com
Investor Grievance Email: info@shareindia.com
Contact Person: Kunal Bansal SEBI Registration No.: INM000012537
Strength

In-House Manufacturing Capabilities: Archit Nuwood Industries Limited boasts strong in-house manufacturing capabilities, ensuring high-quality control and efficient production of MDF, HDF, and HPL products.

Extensive Dealer Network and Client Relationships: The company has developed a large and loyal base of dealers and clients, which strengthens its market presence and distribution reach.

Diverse Product Range: With a wide variety of MDF, HDF, and HPL products, Archit Nuwood Industries caters to a broad spectrum of customer needs, enhancing its competitiveness in the industry.

Weakness

Legal Proceedings and Litigations: The Company, along with its promoters, directors, and subsidiaries, is involved in multiple legal proceedings. An adverse outcome in any of these cases could negatively impact profitability, reputation, and financial stability.

GST Penalty Dispute: There is an ongoing legal dispute involving the company's promoter concerning a GST penalty. A negative resolution could have a significant material impact on the company's financial condition.

Leased Registered Office: the Company’s registered office is situated on leased premises, and there is no guarantee that the lease agreements will be renewed on favorable terms, posing a risk to its operational continuity.

Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
Investor Grievance Email: Investor.ipo@maashitla.com
SEBI Registration Number: INR000004370