IPO Details

Bidding Dates

To be announced

Minimum Investment

₹108,000 / 1 Lot (400 Shares)

Price Range

₹257 - ₹270

Maximum Investment

₹108,000 / 1 Lot (400 Shares)

Retail Discount

To be announced

Issue Size

₹168.48 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)  |   Qualified Institutional Buyers (QIB)  |   Eligible employees  |  

IPO Dates

Important dates with respect to IPO allotment and listing

Opening Date

Aug 30, 2024

Closing Date

Sep 3, 2024

Basis of Allotment

Sep 4, 2024

Initiation of Refunds

Sep 5, 2024

Listing Date

Sep 6, 2024

About Archit Nuwood Industries Limited IPO

Archit Nuwood Industries Limited, established in 2017, specialises in the manufacturing of a wide range of Medium Density Fiberboard (MDF) and High-Density Fiberboard (HDF) boards, as well as pre-laminated boards in various designs.

The company’s diverse product portfolio includes pre-laminated interior and exterior grade MDF, plain interior and grade MDF, pre-laminated and plain HDF, and California Air Resources Board (CARB) compliant panels. Additionally, Archit Nuwood offers High-Pressure Laminates (HPL), catering to a broad spectrum of customer needs.

The company's registered office is located in Tohana, Haryana, with its marketing office in New Delhi and an operational unit in Fatehbad, Haryana. This state-of-the-art facility produces MDF with a daily capacity of 360 cubic meters or 300 tonnes and offers pre-lamination services.

With an installed capacity of 3,600 CBM per day, the factory is equipped with MDF and HDF plants and short-cycle presses, capable of producing 7,200 boards daily.

Archit Nuwood’s pre-laminated range includes various textures, such as solid, wood grain shades, fabric and stone décors, and finely crafted textured caul plates. As of April 26, 2024, the company employed 149 individuals, including directors.

Industry Outlook:

  1. The global MDF market, valued at $50.2 billion in 2021, is projected to grow at a 9.6% CAGR, reflecting rising demand over traditional plywood.
  2. India’s MDF market, worth ₹3,000 crores in 2021, is expected to double to ₹6,000 crores by 2026, with a CAGR of 15-20%.

Archit Nuwood Industries IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

  1. To make investment in its wholly owned subsidiary company - Archit Panels Private Limited
  2. General corporate purposes.

Peer Details

The companies considered by Archit Nuwood Industries as its peers include:

  1. Rushil Decor Limited
  2. Century Plyboards (India) Limited

How to Check the Allotment Status of the Archit Nuwood Industries Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Archit Nuwood Industries Limited IPO

  • Registered office: H NO.414/11 Jamalpur Road, Fatehabad, Tohana, Haryana 125120
  • Phone: +91 74196 15104
  • E-mail: cs@architnuwood.com

IPO Financials

Particulars Year ending on March 31, 2024 Year ending on March 31, 2023 Year ending on March 31, 2022
Revenue from Operation (in ₹ lakh) 18,396.09 15,232.79 13,425.48
Profit After Tax (PAT) (in ₹ lakh) 3692.53 2,127.90 443.36
Current Ratio (x) 1.66 0.96 0.94
Net Worth (in ₹ lakh) 9,230.22 3,633.95 1,551.33
Total Borrowings (in ₹ lakh) 3,458.40 576.90 1,472.79
Return on Equity (%) 57.41% 82.07% 33.34%
Return on Capital Employed (RoCE) (%) 40.38% 69.67% 18.93%
Earnings Per Share (in ₹) 0.01 132.05 63.20

Know before investing

Strengths

6

  1. Production facilities strategically located near raw material sources.

  2. Diverse product range catering to multiple customer segments.

  3. Consistently high-quality products fostering strong customer loyalty.

  4. Established brand reputation, driving repeat purchases and satisfaction.

  5. Expansion of MDF manufacturing capacity to meet growing demand.

  6. Robust distribution network targeting emerging suburban and rural markets.

Risks

6

  1. Legal proceedings involving ₹1,038 lakhs may impact profitability and reputation.

  2. Unregistered trademarks could lead to brand misuse and legal challenges.

  3. Heavy reliance on top 10 suppliers, contributing 70.03% of purchases.

  4. Dependence on top 10 customers, contributing 34.29% of revenue.

  5. Significant working capital tied up, ₹251.93 lakhs in receivables.

  6. Unsecured loans may be recalled, affecting liquidity and operations.

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Archit Nuwood Industries IPO FAQs

What is the Archit Nuwood Industries Limited IPO?

Archit Nuwood Industries Limited IPO is a book built IPO. The IPO will be open from August 30, 2024, to September 3, 2024.

When will Archit Nuwood Industries Limited IPO be allotted?

The Basis of Allotment will happen on Wednesday, September 4, 2024.

When will Archit Nuwood Industries Limited IPO open for subscription?

The IPO subscription window will open on August 30, 2024.

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 400 shares.

When will Archit Nuwood Industries Limited list on exchanges?

The listing date for Archit Nuwood Industries is Friday, September 6, 2024.

What would be the listing gains on the Archit Nuwood Industries Limited IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.

How to apply for Archit Nuwood Industries IPO online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the ‘IPO’ section on the platform.
  3. Select IPO: Find and select the Archit Nuwood Industries IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

How to increase your chances of getting an Archit Nuwood Industries IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for Archit Nuwood Industries Limited's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Archit Nuwood Industries Limited using one PAN?

You can submit only one application using your PAN card.

How to read Archit Nuwood Industries Limited's financial statements?

To read Archit Nuwood Industries’ financial statements, download the IPO’s  RHP document.