Alumilite Architecturals IPO description – Alumilite Architecturals is engaged as an infrastructure facilitator by designing, engineering, fabrication and installation in the principle front of a building by providing a high quality infrastructure ancillary works including Architecturals and UPVC work for multistoried real estate projects, educational institute, hospitality industries, shopping complex, entertainment park, sports complex, public utility facility, SEZ projects for corporate and government, etc and to satisfy the customer and market needs, as the demand for light, low maintenance architectural products to suit the design aesthetics and user friendly was on the rise.
Over the years, the company has completed more than 62 projects ranging from multistoried real estate projects, educational institute, hospitality industries, shopping complex, entertainment park, sports complex, public utility facility, SEZ projects for corporate and government.
The company’s manufacturing facility for fabrication is situated at Unit No 1 to 5, B-3 Building, Green Space, Jai Bhagwan Compound, Survey No. 6/4 (A), Mumbai- Nasik Highway, Vahuli Village, Bhiwandi, Thane – 421 101, Maharashtra, India and is used for fabrication of aluminium and aluminium alloys.
Alumilite Architecturals promoters – Mr Shivkrishna Harakhchand Damani and Mr Varun Damani
| Alumilite Architecturals – Upcoming IPO details | |
| Subscription Dates | 24 – 28 June 2019 (IPO withdrawn) |
| IPO Price band | INR30 per share |
| Fresh issue | 3,828,000 shares (INR11.48 crore) |
| Offer for sale | Nil |
| Total IPO size | 3,828,000 shares (INR11.48 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
Alumilite Architecturals IPO: Use of funds
- Working capital requirements – INR6.18 crore
- Repayment/pre-payment, in full or part, of unsecured loans – INR4.00 crore
- General corporate purposes – INR1.00 crore
- Issue Expenses – INR0.30 crore
| Alumilite Architecturals’ financial performance (in INR crore) | ||||||
| FY2016 | FY2017 | FY2018 | 9M FY2019 | |||
| Total revenue | 20.69 | 33.47 | 30.85 | 16.27 | ||
| Total expenses | 19.90 | 31.60 | 26.93 | 12.58 | ||
| Profit after tax | 0.55 | 1.23 | 2.83 | 2.58 | ||
Alumilite Architecturals Contact Details
Alumilite Architecturals LimitedÂ5th Floor, Dhiraj Chambers
9 Hazarimal Somani Marg
Mumbai – 400 001 Phone: +91 22 4092 4444
Email: [email protected]
Website:Â www.aa-pl.in
Alumilite Architecturals IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.04 |
| Day 2 | 0.15 |
| Day 3 | 0.30 |
| Day 4 | 0.37 |
| Day 5 | 1.03 |
Alumilite Architecturals Valuation (For FY2018)
Earnings Per Share (EPS): INR3.98
Price/Earnings (P/E) ratio: 7.54
Return on Net Worth (RONW): 22.11%
Net Asset Value (NAV): INR18.02 per share
Registrar of Alumilite Architecturals IPO
Bigshare Services Private LimitedÂE2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072 Phone: +91 22 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Alumilite Architecturals IPO Allotment Status
Alumilite Architecturals IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Alumilite Architecturals
IPO Opening Date: 24 June 2019
IPO Closing Date: 28 June 2019
Listing Date: IPO withdrawn
Listing Price on NSE SME: IPO withdrawn
Closing Price on NSE SME: IPO withdrawn
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