Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Archee Group Contracts Ltd. has withdrawn its Initial Public Offer (IPO) documents filed with the exchange on February 4, 2025.
Archee Group Contracts Ltd. IPO was a Book Build Issue of 0.35 crore equity shares consisting of a fresh issue of upto 0.32 crore equity shares and an offer for sale (OFS) of upto 0.03 crore equity shares.
The equity shares were proposed to be listed on the BSE SME. Shannon Advisors Pvt.Ltd. was the book running lead manager and Maashitla Securities Pvt.Ltd. was the registrar of the issue.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 35,35,200 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 32,05,200 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 3,30,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,00,60,800 shares |
| Share Holding Post Issue | 1,32,66,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Dec 30, 2024 |
| Offer document withdrawn | Tue, Feb 4, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net offer |
| Retail Shares Offered | Not less than 35% of the offer |
| NII Shares Offered | Not less than 15% of the offer |
Archee Group Contracts Limited, established in 2000, is a prominent pan-India general contracting firm specializing in corporate interior fit-outs.The company offers a comprehensive suite of services, including civil works, interior design, plumbing, fire fighting, HVAC, electrical installations, CCTV, access control, fire alarm and public address systems (FAPA), building management systems (BMS), networking, and furniture solutions.
Services Offered
Archee Group provides end-to-end solutions encompassing:
Clientele
The company has collaborated with a diverse range of esteemed clients across various sectors, including:
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 84.98 | 87.47 | 66.92 | 56.58 |
| Total Income | 24.21 | 113.86 | 94.99 | 73.56 |
| Profit After Tax | 1.16 | 5.67 | 1.62 | 0.33 |
| NET Worth | 22.63 | 21.47 | 15.80 | 14.18 |
| Reserves and Surplus | 19.63 | 18.47 | 12.80 | 11.18 |
| Total Borrowing | 32.68 | 30.97 | 29.28 | 22.23 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| MARC Technocrats Ltd. | SME | ₹42.59 Cr | ₹93 | 16.97 | ₹70.70 | -23.98% | ₹95.05 (+4.68%) |
| Monarch Surveyors & Engineering Consultants Ltd. | SME | ₹93.75 Cr | ₹250 | 7.47 | ₹400.20 | +60.08% | ₹227.25 (+1.81%) |
| Central Mine Planning & Design Institute Ltd. | Mainboard | ₹1,841.45 Cr | ₹172 | 18.41 | ₹154.06 | -10.43% | ₹254.91 (-3.59%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company. | 20.70 |
| 2 | Repayment in full or in part, of certain of the outstanding borrowings. | 1.14 |
| 3 | General corporate purposes. | |
| 4 | To meet the offer expenses. |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 30.42% |
| ROCE | 48.84% |
| Debt/Equity | 1.27 |
| RoNW | 30.42% |
| PAT Margin | 5.09% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.63 | 3.50 |
| Promoter Holding | 89.46% |
Lead Manager Reports
Archee Group Contracts IPO is a SME IPO of 35,35,200 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Archee Group Contracts IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Archee Group Contracts IPO using UPI as a payment gateway. Zerodha customers can apply in Archee Group Contracts IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Archee Group Contracts IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Archee Group Contracts IPO dates are not announced. Please check back again after some time.
Archee Group Contracts IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Archee Group Contracts IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Archee Group Contracts IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Archee Group Contracts IPO allotment status.
The Archee Group Contracts IPO listing date is not yet announced. The tentative date of listing is .
