Alumilite Architecturals Ltd is set to debut in the stock market with an issue size ₹11.48 Cr. Alumilite Architectural Limited is an infrastructure facilitator offering engineering, installation, designing and fabrication services for the principal elevation of buildings. It works for hospitality industries, educational institutes, shopping complexes, multistoried real estate projects, SEZ projects, public utility facilities, entertainment parks, and sports complexes for corporate and government projects. The company is working towards providing low maintenance, light and elegant products to meet the aesthetic design and advanced technology requirements. The manufacturing facility is located at Bhiwandi, Thane (Mumbai) to offer aluminum virgin, aluminum semi, and aluminum manufactured products made of aluminum and aluminum alloys. The company has its own vehicle to carry fabricated materials, transport glass, and profiles without damage.
Alumilite Architecturals Ltd IPO Detail
| IPO Date | Jun 24, 2019 to Jun 28, 2019 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹30 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 3,828,000 shares(aggregating up to ₹11.48 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Alumilite IPO Reservation
| NII (HNI) Shares Offered | 1818000 |
| Retail Shares Offered | 1818000 |
| Market Maker portion | 192,000 shares |
| Total Shares Offered | 3,636,000 |
Company Overview
Alumilite Architecturals Ltd is a leading manufacturer and supplier of premium quality aluminum architectural products. Based in the United Kingdom, the company specializes in designing and manufacturing a wide range of aluminum solutions, including windows, doors, curtain walling, shop fronts, and more. With over 30 years of industry experience, Alumilite Architecturals Ltd has gained a reputation for providing high-quality products that are not only functional but also aesthetically pleasing. The company prides itself on its ability to offer customized solutions that meet the unique needs and specifications of its clients. Alumilite Architecturals Ltd is committed to delivering exceptional customer service, timely project completion, and superior craftsmanship.
Industry Overview
The construction industry is a vital part of the global economy, comprising a wide range of activities related to the design, construction, and maintenance of buildings and infrastructure. In recent years, the industry has experienced significant growth due to increasing demand for housing, commercial and public infrastructure, and renovations of existing structures. Technological advancements, including Building Information Modeling (BIM) and 3D printing, have revolutionized the industry and made construction processes more efficient and cost-effective. However, the industry also faces challenges, including labor shortages, rising material costs, and concerns about sustainability and environmental impact. The construction industry is expected to continue to grow in the coming years, driven by population growth, urbanization, and increased demand for sustainable and energy-efficient buildings.
Company Financials
| Particulars | For the year/period ended (in Rs. Lakhs) | |||
| 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 |
Objects of the Issue
The Company intends to apply the Net Funds from the Offering to the following purposes:
- Financing Working Capital Requirements;
- Whole or partial repayment of unsecured loans obtained by the Corporation;
- Funding spending for General Corporate Purposes.
Strengths
- A large consumer base
- Financial adaptability
- Cutting-edge technology
- Skilled labour and a strong management team
Weaknesses
- Limited geographic presence
- Dependence on the movie industry
- Vulnerability to technological disruptions
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Lead Manager Reports
- IPO Lead Manager Performance Summary
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Company Contact Information
Alumilite Architecturals Limited
5 th Floor, Dhiraj Chambers,9 Hazarimal Somani Marg,
Mumbai – 400 001
Phone: +91 22 4092 4444
Email: cs.vaibhav@aa-pl.in
Website: http://www.aa-pl.in/
Company Registrar
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Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
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