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Archit Nuwood Industries IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Archit Nuwood Industries IPO Review

Archit Nuwood Industries is engaged manufacturing of broad range of MDF & HDF boards, and Prelaminated Sheets of different varieties. The Factory is located at Tohana and equipped with MDF & HDF Plant along with Short Cycle Presses with an installed capacity of 3600 CBM per day (7200 Boards of size 16 ft. 4ft. in a day).

The Company is led by MR. PREM CHAND has more than 30 years of administrative experience to run the business; MR. VINOD KUMAR SINGLA is having qan experience of more than 12 years in this Industry; and MR. VINEET KUMAR has an experience of more than 11 years in this Industry.

Financially, Archit Nuwood Industries revenue increased from ₹13,432.03 Lakhs in FY22 to ₹15,368.58 Lakhs in FY23 and currently at18,540.13 Lakhs in FY24. Similarly, EBITDA increased from ₹907.77 Lakhs in FY22 to ₹3,174.52 Lakhs in FY23 and currently at ₹5,421.20 Lakhs in FY24. The PAT also increased from ₹443.36 Lakhs in FY22 to ₹2,127.90 Lakhs in FY23 and currently at ₹3,692.53 Lakhs in FY24. This indicates a steady financial performance.

For the Archit Nuwood IPO, the company is issuing shares at a pre-issue EPS of ₹22.57 and a post-issue EPS of ₹15.60. The pre-issue P/E ratio is 11.96x, while the post-issue P/E ratio is 17.30x against Industry P/E ratio is 49.21x. The company's ROCE for FY24 is 40.38% and ROE for FY24 is 57.41%. These metrics suggest that the IPO is fairly priced.

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