| IPO date | 28 Mar 2024 – 04 Apr 2024 |
| Listing date | 09 Apr 2024 |
| Price range | 45 – 45 |
| Minimum order quantity | 3000 | (D)RHP | View |
Aluwind Architectural Limited is launching its IPO. The offer opens for subscription on March 28, 2024, and closes on April 4, 2024.
Disclaimer: This stock will trade with a lot size of 3000 shares in the SME segment on listing.
What does Aluwind Architectural Limited do?
Aluwind Architectural Limited, formerly known as Aluwind Architectural Private Limited, was established on April 22, 2003, initially as a private limited company under the Companies Act, 2013, to take over the business of M/s. Alu-Wind Industries. The company later transitioned into a public limited company on October 4, 2023, and underwent a name change.
Headed by Managing Director Mr. Murli Manohar Kabra, the company specializes in manufacturing and installing aluminum products like windows, doors, curtain walls, and glazing systems, catering to various sectors. Operating from a state-of-the-art facility in Pune, Maharashtra, equipped with advanced machinery, the company emphasizes precision and quality in its production processes, with a focus on meeting industry standards. With a wide market presence across India and strategic collaborations such as with Eternia from Hindalco (Aditya Birla Group), the company aims to lead the facade and fenestration industry, offering custom-tailored solutions to its clientele while aspiring to redefine architectural landscapes with its innovative products.
Schedule/Timeline of Aluwind Architectural Limited IPO
| Issue Period | 28th March to 4th April 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | April 05, 2024 |
| Initiation of Refunds | April 08, 2024 |
| Credit of Shares | April 08, 2024 |
| Date of Listing | April 09, 2024 |
| Mandate end date | April 19, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | May 05, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | July 04, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Aluwind Architectural Limited IPO?
You can apply for the Aluwind Architectural Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for the Aluwind Architectural Limited IPO?
You can check the allotment status for the Aluwind Architectural Limited IPO on the website of the Registrar and Transfer agent.