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June 8, 2008

Archidply Industries Ltd

Archidply Industries Ltd

Period 

11-Jun to 17-Jun 2008

Size (Equity Shares)

97,03,580

Type 

100% Book Building

Face Value 

Rs. 10- 

Price Range 

Rs 70 to Rs 80

Market Lot 

75

Max shares Retails investor can apply at cut off

1200

Registrar 

Karvy Computershare Private Ltd

Registrar's email 

einward.ris@karvy.com)

Lead Manager 

Motilal Oswal Investment Advisors Pvt Ltd

Listing 

BSE, NSE

Grading 

 

About the company 

Estb: 1995 Business: Plywood manufacturing for more than 30 years under the brand 'Archidply'.

Other details:

Factory: Rudrapur, Mysore and Assam, with a network of branches, distributors and dealers across India.

Award: ISO 9001: 2000 for quality management systems in manufacturing and marketing of wood and agro based panel products.

Distribution network - 16 marketing offices and 61 distributors and stockists, 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.

Manpower strength: 531 (137 for marketing)

Products: Comprehensive engineered interior products which include Plywoods, Block Board and Flush Doors - BWR & MR grade, Particle Boards, Decorative Laminates, Decorative Veneers

Objects of the Issue

# Setting up a new manufacturing facility of Plain Particle Board (PPB), Pre Laminated Board (PLB) and decorative plywood at Chintamani in Karnataka;

# Setting up a new manufacturing capacity for medium density fibreboard (MDF) at Rudrapur in Uttarakhand;

# Margin Money for Working Capital;

# General Corporate Purposes;

# Meeting the Public Issue Expenses.

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