
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
Overall Subscription
7.73x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
5.29x
High Net-Worth
Retail (RII)
10.17x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 3,135,000 | 16,578,000 | 5.29x |
| RETAIL | 3,135,000 | 31,896,000 | 10.17x |
| Total | 6,270,000 | 48,474,000 | 7.73x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 770 | 7,831 | 10.17x |
| HNIs (10L +) | 5 | 26 | 5.29x |
| HNIs (2-10L) | 24 | 127 | 5.29x |
| Total Applications | 799 | 7,984 | 9.99x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Aluwind Architectural Limited IPO is ₹5 per equity share. Based on the upper price band of ₹45 to ₹45 per equity share, the estimated listing price is ₹50 (+11.1% expected listing gain).
With a lot size of 3000 shares and current GMP of ₹5, the expected profit per application lot is approx ₹15,000 (+11.1% gain). Minimum application cost is approx ₹1,35,000.
The Aluwind Architectural Limited IPO aggregate issue size is ₹29.7 Crores with an equity price band set at ₹45 to ₹45 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,35,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 7.73x (Retail: 10.17x, QIB: 0.00x, NII: 5.29x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-04-05. Investors can verify status using PAN card or application number.
Aluwind Architectural Limited shares are scheduled to list on NSE on 2024-04-09.