Alumilite Architecturals Limited IPO

Alumilite Architecturals Limited

Issue Open

Jun 24, 2019

Price Band

₹ 30

Issue Size

₹ 11.48 Cr

Credit of Shares to Demat

-

Issue Close

Jun 28, 2019

Bid Lot

4000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

4000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Nov 30, -0001

Refunds

-

About the company:

Company Info:

Alumilite Architecturals Limited is an infrastructure facilitator offering engineering, installation, designing and fabrication services for the principal elevation of the buildings.The company provides hospitality industries, educational institutes, shopping complex, multistoried real estate projects, SEZ projects, public utility facilities, entertainment parks and sports complex for corporate and government projects.


Date Of incorporation: The company was incorporated in the year 1982


Promoters of the company: The promoters of the company are Mr. Shivkrishna Harakhchand Damani and Mr. Varun Damani



Object of the Issue:

1.Funding Working Capital Requirement;

2.Repayment/pre- payment, in full or part, of unsecured loans availed by the Company; and

3.Funding expenditure for General Corporate Purposes.


Strengths of the company:

1. Strong customer base

2. Advanced technology

3. Financial flexibility

4. Experienced management team and manpower


Company Financials:



31-Dec-18

31-Mar-18

31-Mar-17

31-Mar-16

Total assets

7,246.79

6,543.09

6,186.12

5,174.76

Total revenue

1,618.27

3,052.71

3,322.94

2,036.76

Profit after tax

258.14

282.92

122.96

54.53

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