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Open
11 Jun 2008
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Close
17 Jun 2008
3
Allotment
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Listing
Fri, Jul 4, 2008
Price Band
₹70 to ₹80
Issue Size
66,15,720 shares (agg. up to ₹49 Cr)
Lot Size
75 Shares
Listing Date
Fri, Jul 4, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.04x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new manufacturing capacity at Chintamani in Karnataka- - Land & Land Development | 2.25 |
| 2 | Factory Shed and Plant & Machinery for - Plain Particle Board | 21.15 |
| 3 | Factory Shed and Plant & Machinery for - Pre Laminated Particle Board | 6.78 |
| 4 | Factory Shed and Plant & Machinery for - Decorative Plywood | 5.98 |
| 5 | Common Building | 1.50 |
| 6 | Setting up of a new Manufacturing facility of medium density fibreboard at Rudrapur in Uttarakhan | 26.18 |
| 7 | Pre Operative Expenses and Provision for Contingencies | 7.65 |
| 8 | Margin Money for Working Capital Requirement | 7.50 |
| 9 | Issue Expenses | 4.58 |
| Total | 83.58 |
About Archidply Industries IPO
Incorporated in 1995, Archidply Industries Limited engaged in the business of plywood manufacturing for more than 30 years under the brand ‘Archidply’. Archidply Industries Limited is the flagship company of the Archidply group.The Group has grown from a small saw mill in Assam to a modern state-of-the-art manufacturer of wood panel products and decorative surfacing products in three locations, Rudrapur, Mysore and Assam, with a network of branches, distributors and dealers across India.Archidply Industries have been awarded ISO 9001: 2000 for quality management systems in manufacturing and marketing of wood and agro based panel products. Company has set up a large distribution network and operates through 16 marketing offices and 61 distributors and stockists. As on September 30, 2007, they have a network of 586 authorized dealers who in turn supply to more than 2,000 sub dealers / retailers, giving a pan India presence for marketing of their products. This ensures the availability of their products off-the-shelf in any corner of India. Archidply Industries has the manpower strength of 531 of which 137 are deployed for marketing as on September 30, 2007.Archidply Industries Limite
Contact Details
Archidply Industries Ltd. Address29/2, G.K.Manor, 1st FloorNehru Nagar CircleSeshadripuramBengaluru, Karnataka, 560020+ 91-80-23445607ipo@archidply.comVisit Website