Alumilite Architecturals Ltd

About the Company:

Alumilite Architecturals Ltd is engaged as an infrastructure facilitator by designing, engineering, fabrication and installation in the principle front of a buildings.

Company provids high quality infrastructure ancillary works including Architecturals 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.

Company’s contracts are on ‘Built to Order’ basis where the products are made as per the customer’s specifications and requirements.

Company has a fabrication facility hosting sophisticated and imported machinery and recent technology.Company is able to complete its projects as per the requirements of the customers.

Over the years, Company has completed more than 62 projects and have reputed clients from all Sectors.

 

Management Team:

  1. Mr. Varun Damani (Designation: Chairman and Managing Director)
  2. Mrs. Prerna V. Damani (Designation: Whole Time Director)

 

Objectives of the Issue:

  • Funding Working Capital Requirement.
  • Repayment/pre-payment, in full or part, of unsecured loans availed by the Company.
  • Funding expenditure for General Corporate Purposes.

 

Peer Group Comparison:

  • We believe that none of the listed companies in India offer products or services across the various business segments in which Alumilite Architecturals operate. Hence a strict comparison is not possible.

 

Financials of the Company:

(in Crores) FY 16 FY 17 FY 18 31st Dec 18
Revenue 20.68 33.47 30.85 16.26
Net Profit 0.54 1.22 2.82 2.58

 

IPO Details:

Details Info
Issue Opens on 24th June 2019
Issue Closes on:. 28th June 2019
Issue Price Rs.30
Face Value Rs.10
Minimum Lot 4000
Minimum Investment Rs.1,20,000
Issue Constitutes 35.03%
Issue Size Rs.11.48 cr
Market Cap Rs.32.78 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 38,28,000
Equity Shares Prior to the Issue 71,00,000
Equity Shares after the Issue 1,09,28,000

 

 

Check IPO Allotment Status:

Bigshare Website (Click on the below Link)

http://www.bigshareonline.com/bssipoapplicationstatus.aspx

 

Company Contact Info:
Alumilite Architecturals Limited
5th Floor, Dhiraj Chambers,
9 Hazarimal Somani Marg
Mumbai – 400 001, Maharashtra
Tel: 022- 240924444
Email: cs.vaibhav@aa-pl.in
Website: www.aa-pl.in

 

IPO Registrar Info:
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri East, Mumbai-400059
Tel. No: 022-62638200;
E-mail: ipo@bigshareonline.com;
Website: www.bigshareonline.com

 

Lead Manager to the Issue:
Finshore Management Services Limited
Anandlok, Block – A, 2nd Floor, Room No.207
227, A.J.C. Bose Road, Kolkata – 700 020, West Bengal – India
Tel. No.: +91 33-22895101/9920379029
Fax No.: +91 33-22895101
Email:info@finshoregroup.com
Website: www.finshoregroup.com