{"id":271,"date":"2024-04-02T12:52:53","date_gmt":"2024-04-02T11:52:53","guid":{"rendered":"https:\/\/smemitra.com\/?p=271"},"modified":"2024-04-02T12:52:53","modified_gmt":"2024-04-02T11:52:53","slug":"aluwind-architectural-sme-ipo","status":"publish","type":"post","link":"https:\/\/smemitra.com\/index.php\/2024\/04\/02\/aluwind-architectural-sme-ipo\/","title":{"rendered":"Aluwind Architectural &#8211; SME IPO"},"content":{"rendered":"\n<p>Aluwind Architectural Limited manufactures and installs a diverse range of aluminium products. These include windows, doors, curtain walls, cladding, and glazing systems, all meticulously crafted to meet architects, consultants, builders, institutions, and corporations&#8217; unique needs.<\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"block-1b3c4d55-c5ec-4da3-b21c-0b9ea8480273\">IPO Review<\/h5>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th>Parameters<\/th><th class=\"has-text-align-right\" data-align=\"right\">Score (0-5)<\/th><th>Comments<\/th><\/tr><tr><td>Promotors\/Sr. Management &amp; Work Ethics<\/td><td class=\"has-text-align-right\" data-align=\"right\">3<\/td><td>Well experienced promotors. No red flags as per the RHP &#8211; open criminal proceedings, etc. except a few open tax proceedings.<\/td><\/tr><tr><td>Company Financials<\/td><td class=\"has-text-align-right\" data-align=\"right\">3<\/td><td>Good growth is seen in the company&#8217;s top-line and bottom-line performance. However the numbers are not consistent.<\/td><\/tr><tr><td>Segment Growth Opportunity<\/td><td class=\"has-text-align-right\" data-align=\"right\">3<\/td><td>Very fragmented sector, highly competitive with good growth at sector level.<\/td><\/tr><tr><td>Asking Valuation (compared with Peers)<\/td><td class=\"has-text-align-right\" data-align=\"right\">4<\/td><td>Asking PE ~ 15, peers in the range of 20-35x.<\/td><\/tr><tr><td>Lead Manager&#8217;s past performance<\/td><td class=\"has-text-align-right\" data-align=\"right\">3<\/td><td>This is the first IPO from the Lead Manager.<\/td><\/tr><tr><td><strong>Consolidated Score<\/strong><\/td><td class=\"has-text-align-right\" data-align=\"right\"><strong>3.3<\/strong><\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\ufeff<\/p>\n\n\n\n<p id=\"block-3c0ce1df-4187-4b5c-b664-09e0815aeabc\"><strong>Disclaimer <\/strong>&#8211; This is not an investment advice. Nobody has paid us to write this review. This analysis is for education purposes only.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aluwind Architectural Limited manufactures and installs a diverse range of aluminium products. These include windows, doors, curtain walls, cladding, and glazing systems, all meticulously crafted to meet architects, consultants, builders, institutions, and corporations&#8217; unique needs. IPO Review Parameters Score (0-5) Comments Promotors\/Sr. Management &amp; Work Ethics 3 Well experienced promotors. No red flags as per [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[9],"tags":[11,12,10],"class_list":["post-271","post","type-post","status-publish","format-standard","hentry","category-iporeview","tag-ipo","tag-review","tag-sme"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/posts\/271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/comments?post=271"}],"version-history":[{"count":1,"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/posts\/271\/revisions"}],"predecessor-version":[{"id":272,"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/posts\/271\/revisions\/272"}],"wp:attachment":[{"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/media?parent=271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/categories?post=271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smemitra.com\/index.php\/wp-json\/wp\/v2\/tags?post=271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}