Archit Nuwood Industries Limited, established in 2017, specialises in the manufacturing of a wide range of Medium Density Fiberboard (MDF) and High-Density Fiberboard (HDF) boards, as well as pre-laminated boards in various designs.
The company’s diverse product portfolio includes pre-laminated interior and exterior grade MDF, plain interior and grade MDF, pre-laminated and plain HDF, and California Air Resources Board (CARB) compliant panels. Additionally, Archit Nuwood offers High-Pressure Laminates (HPL), catering to a broad spectrum of customer needs.
The company's registered office is located in Tohana, Haryana, with its marketing office in New Delhi and an operational unit in Fatehbad, Haryana. This state-of-the-art facility produces MDF with a daily capacity of 360 cubic meters or 300 tonnes and offers pre-lamination services.
With an installed capacity of 3,600 CBM per day, the factory is equipped with MDF and HDF plants and short-cycle presses, capable of producing 7,200 boards daily.
Archit Nuwood’s pre-laminated range includes various textures, such as solid, wood grain shades, fabric and stone décors, and finely crafted textured caul plates. As of April 26, 2024, the company employed 149 individuals, including directors.
Industry Outlook:
- The global MDF market, valued at $50.2 billion in 2021, is projected to grow at a 9.6% CAGR, reflecting rising demand over traditional plywood.
- India’s MDF market, worth ₹3,000 crores in 2021, is expected to double to ₹6,000 crores by 2026, with a CAGR of 15-20%.
Archit Nuwood Industries IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- To make investment in its wholly owned subsidiary company - Archit Panels Private Limited
- General corporate purposes.
Peer Details
The companies considered by Archit Nuwood Industries as its peers include:
- Rushil Decor Limited
- Century Plyboards (India) Limited
How to Check the Allotment Status of the Archit Nuwood Industries Limited IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Archit Nuwood Industries Limited IPO
- Registered office: H NO.414/11 Jamalpur Road, Fatehabad, Tohana, Haryana 125120
- Phone: +91 74196 15104
- E-mail: cs@architnuwood.com
IPO Financials
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 18,396.09 | 15,232.79 |
| Profit After Tax (PAT) (in ₹ lakh) | 3692.53 | 2,127.90 |
| Current Ratio (x) | 1.66 | 0.96 |
| Net Worth (in ₹ lakh) | 9,230.22 | 3,633.95 |
| Total Borrowings (in ₹ lakh) | 3,458.40 | 576.90 |
| Return on Equity (%) | 57.41% | 82.07% |
| Return on Capital Employed (RoCE) (%) | 40.38% | 69.67% |
| Earnings Per Share (in ₹) | 0.01 | 132.05 |
Know before investing
Strengths
6Production facilities strategically located near raw material sources.
Diverse product range catering to multiple customer segments.
Consistently high-quality products fostering strong customer loyalty.
Established brand reputation, driving repeat purchases and satisfaction.
Expansion of MDF manufacturing capacity to meet growing demand.
Robust distribution network targeting emerging suburban and rural markets.
Risks
6Legal proceedings involving ₹1,038 lakhs may impact profitability and reputation.
Unregistered trademarks could lead to brand misuse and legal challenges.
Heavy reliance on top 10 suppliers, contributing 70.03% of purchases.
Dependence on top 10 customers, contributing 34.29% of revenue.
Significant working capital tied up, ₹251.93 lakhs in receivables.
Unsecured loans may be recalled, affecting liquidity and operations.
