
Emerging SME Services · NSE
Aluwind Architectural Limited, established in April 2003, is a premier manufacturer and installer of high-quality aluminium products, serving architects, consultants, builders, institutions, and corporations. Specializing in windows, doors, curtain walls, cladding, and glazing systems, the company is known for its precision craftsmanship and customized solutions. With a strong presence in major cities like Mumbai, Pune, Bangalore, and Hyderabad, Aluwind operates a state-of-the-art manufacturing facility in Pune, Maharashtra. The company has built a strong reputation, securing projects through competitive bidding for top real estate developers like L&T and Birla. Committed to excellence, Aluwind invests in employee training to uphold quality, safety, and efficiency, backed by a skilled workforce of 178 permanent employees as of September 30, 2023.
Price Band
₹45
Issue Size
₹29.70 Cr
Lot Size
3000 shares
GMP
+11.1%
Est. Listing
₹50
at current GMP
Subscribed
7.73x
overall
Open
28 Mar 2024
Close
4 Apr 2024
Allotment
5 Apr 2024
Refund
6 Apr 2024
Demat Credit
7 Apr 2024
Listing
9 Apr 2024
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
5 Apr 2024
Basis finalization
Refunds Initiate
6 Apr 2024
Mandate release
Demat Credit
7 Apr 2024
Shares in demat
Listing Debut
9 Apr 2024
Trading begins
Aluwind Architectural Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹29.7 Crores. The shares are offered at a price band of ₹45 to ₹45 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-07, while un-allotted funds or UPI block mandates will be released on 2024-04-06.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.