Aluwind Architectural Ltd - IPO

Aluwind Architectural Ltd IPO Details

Initial public issue of upto 66,00,000 equity shares of face value of Rs. 10/- each of Aluwind Architectural Limited (the Company or the Issuer) for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share (the Issue Price) aggregating to Rs. 29.70 crores (The Issue), of which 3,30,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share aggregating to Rs. 1.49 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. 62,70,000 equity shares of face value of Rs. 10/- each at a price of Rs. 45/- per equity share including a share premium of Rs. 35/- per equity share aggregating to Rs. 28.21 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.56% and 25.23% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- & the issue price is 4.5 times of the face value of the equity shares.

Objective of issue

Funding of working capital requirements. General corporate purposes.

Aluwind Architectural Ltd Contact Details

Aluwind Architectural Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - compliance@aluwind.net

Website - www.aluwind.net