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.