Today, the share price of Aluwind Architectural debuted on NSE SME with a lackluster performance. On NSE SME, Aluwind Architectural’s share price opened at ₹45, matching its issue price. Following a quiet debut, the stock was stuck in a 5% upper band.
The Aluwind Architectural IPO began for subscriptions on Thursday, March 28, and concluded on Thursday, April 4. The issue’s price band was set at ₹45 per face value of ₹10.
The Aluwind Architectural IPO lot size consisted of 3,000 shares. Bids could be put in multiples of 3,000 shares, with a minimum bid of 3,000. According to chittorgarh.com, the Aluwind Architectural IPO subscription status increased by 8.19 times on the last day.
Aluwind Architectural Limited makes and installs a wide range of aluminium products. These include windows, doors, curtain walls, cladding, and glazing systems that are meticulously designed to meet the specific needs of builders, architects, consultants, institutions, and businesses. The company has expanded its product distribution network in India to include Mumbai, Pune, Bangalore, Hyderabad, and other locations. This demonstrates the company’s broad reach and commitment to offering nationwide customer support.