Fixed Price IPO | ₹11 Cr | Listing at NSE SME | Mon, Jun 24, 2019 - Fri, Jun 28, 2019
Alumilite Architecturals IPO is a fixed issue price of ₹11.48 crores. The issue is entirely a fresh issue of 0.38 crore shares of ₹11.48 crore.
Alumilite Architecturals IPO bidding started from Jun 24, 2019 and ended on Jun 28, 2019. Alumilite Architecturals IPO will list on the NSE SME with a tentative listing date fixed as Jul 8, 2019.
Alumilite Architecturals IPO is set final issue price at ₹30 per share. The lot size for an application is 4,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (4000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (8,000 shares), amounting to ₹2,40,000.
Finshore Management Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Beeline Broking Ltd.
Refer to Alumilite Architecturals IPO RHP for detailed Information.
IPO Open
Mon, Jun 24, 2019
IPO Close
Fri, Jun 28, 2019
Issue Price
₹30 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 24 to 28 Jun, 2019 |
| Listing Date | Mon, Jul 8, 2019T |
| Face Value | ₹10 per share |
| Issue Price | ₹30 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 38,28,000 shares (agg. up to ₹11 Cr) |
| Reserved for Market Maker | 1,92,000 shares Beeline Broking Ltd. (agg. up to ₹0.5760 Cr) |
| Fresh Issue (Ex Market Maker) | 36,36,000 shares (agg. up to ₹11 Cr) |
| Net Offered to Public | 36,36,000 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 71,00,000 shares |
| Share Holding Post Issue | 1,09,28,000 shares |
Alumilite Architecturals IPO comprises a total issue size of 38,28,000 shares. The net offer to the public is 36,36,000 shares, after excluding 1,92,000 shares allotted on a firm basis. Of the Net offer 18,18,000 (50.00%) allocated to NII 18,18,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 18,18,000 | 50.00% | 47.49% |
| Retail Shares Offered | 18,18,000 | 50.00% | 47.49% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,92,000 | 5.02% | |
| Total Shares Offered | 38,28,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 4,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,20,000 |
| Retail (Max) | 1 | 4,000 | ₹1,20,000 |
| HNI (Min) | 2 | 8,000 | ₹2,40,000 |
Incorporated in 1982, Alumilite Architecturals Limited is an infrastructure facilitator offering engineering, installation, designing and fabrication services for the principal elevation of the buildings. The company work for hospitality industries, educational institutes, shopping complex, multistoried real estate projects, SEZ projects, public utility facilities, entertainment parks, and sports complex for corporate and government projects.
With the changing architectural concept in India, the company is working towards providing low maintenance, light and elegant products to meet the esthetics design and advanced technology requirements.
The contracts of the company are built to order basis to make the products based on specifications and requirements of the customers. It also imports many accessories and raw materials to meet the high standard of products demanded by the clients.
The manufacturing facility of Alumilite Architecturals is located at Bhiwandi, Thane (Mumbai) to offer aluminium virgin, aluminium semi and aluminium manufactured products made of aluminium and aluminium alloys. Apart from this, the company has its own vehicle to carry fabricated materials, transport glass and profiles without damage.
The competitive strength of the company are:
1. Strong customer base
2. Financial flexibility
3. Advanced technology
4. Experienced manpower and management team
| Company | Issue Type | Issue Size | Listing Day Close | Listing Gain/Loss % |
|---|---|---|---|---|
| Rail Vikas Nigam Ltd. | Mainboard | ₹476.86 Cr | ₹19.05 | +0.26% |
| BCPL Railway Infrastructure Ltd. | SME | ₹17.01 Cr | ₹36.30 | +3.71% |
| Ranjeet Mechatronics Ltd. | SME | ₹4.50 Cr | ₹28.85 | +15.40% |
| IRCON International Ltd. | Mainboard | ₹466.93 Cr | ₹415.30 | -12.57% |
The Alumilite Architecturals IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | - | - | - | - |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to Merchant Banker, Registrar Fees, Legal Fees & Misc. Expenditure Brokerage & Selling Commission Printing and Stationery Expenses Advertising and Marketing Expenses Statutory Expenses | 0.30 |
Lead Manager Reports
Alumilite Architecturals IPO is a SME IPO of 38,28,000 equity shares of the face value of ₹10 aggregating up to ₹11 Crores. The issue is priced at ₹30 per share. The minimum order quantity is 4000.
The IPO opens on Mon, Jun 24, 2019, and closes on Fri, Jun 28, 2019.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Alumilite Architecturals IPO using UPI as a payment gateway. Zerodha customers can apply in Alumilite Architecturals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Alumilite Architecturals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Alumilite Architecturals IPO opens on Mon, Jun 24, 2019 and closes on Fri, Jun 28, 2019.
Alumilite Architecturals IPO lot size is 4000, and the minimum amount required for application is ₹1,20,000.
You can apply in Alumilite Architecturals 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 Alumilite Architecturals IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Alumilite Architecturals IPO allotment status.
The Alumilite Architecturals IPO listing date is not yet announced. The tentative date of listing is Mon, Jul 8, 2019.
