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News Details

( As on 22/03/2024 17:50)

Aluwind Architectura announces launch of initial public offering

Aluwind Architectural Ltd. has announced public offering of 6600000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 35.00 per share. The gross proceeds of the issue are expected to be Rs 2,970.00 lakhs.

The company's initial public offer (IPO) will open on 28 March 2024 and is expected to close on 04 April 2024, subject to customary closing conditions.

The IPO includes a fresh Issue of 6600000 Equity Shares of the Company at an price of Rs 45.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.

Aluwind Architectural Ltd. anticipates using the proceeds of the issue for .

Corpwis Advisors Pvt. Ltd. as lead manager & SKYLINE FINANCIAL SERVICES PRIVATE LTD is the registrar, to the issue.