Alumilite Architecturals Limited IPO
(i) They are established in the year 1982 and engaged in the current line of business since 1994. The Company is engaged as an infrastructure facilitator by designing, engineering, fabrication, and installation in the principal front of a building by providing a high-quality infrastructure ancillary works including Architectural 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.
(ii) The Company is being promoted by Mr. Shivkrishna Harakhchand Damani who is a technocrat and holds a degree in Bachelor of Engineering from Birla Institute of Technology, Ranchi and has more than 50 years of experience and Mr. Varun Damani who has over 10 years of experience in this industry and holds Bachelor of Commerce from Jai Hind College, Mumbai and Masters in International Business (MIB) from Monash University, Australia.
(iii) Over the years, they have completed more than 62 projects and have reputed clients from all Sectors. 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
Objects of the Alumilite Architecturals Limited IPO:
Alumilite Architecturals Limited IPO Details:
|Open Date:||Jun 24 2019|
|Close Date:||Jun 28 2019|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed price Issue|
|Issue Size:||11.48 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 30 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Jul 08 2019|
Promoters And Management:
Financials of Alumilite Architecturals Limited IPO:
Comparison With Peers:
Recommendation on Alumilite Architecturals Limited IPO:
Lead Manager of Alumilite Architecturals Limited IPO:
Registrar of Alumilite Architecturals Limited IPO:
Bid Details of Alumilite Architecturals Limited IPO as on
28-Jun-2019 17:00:00 IST
|Category||No.of shares offered||No. of shares bid|
Discussion on Alumilite Architecturals Limited IPO:
There is no harm in giving a miss to SME these days. Very high-risk trade considering the recent performance of the SMEs.
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