Excellent Wires and Packaging Limited IPO

NSE SME

Listed On: Sep 19, 2024 at ₹ 85.0

₹ 144000 /1600 Shares

Check Allotment

Excellent Wires and Packaging IPO Details

11 Sep, 2024

Open Date

13 Sep, 2024

Close Date

16 Sep, 2024

Allotment Date

19 Sep, 2024

Listing Date

Issue Price

₹90 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

85.0

Listing Date

2024-09-19

Market Lot

1600 Shares (₹144,000/-)

Lead Manager

Inventure Merchant Banker Services Pvt Ltd

Issue Size

1,400,000 shares(aggregating up to ₹12.60 Cr)

Retail Portion

50%

Subscription

20.43 times

IPO Docs

DRHP RHP

The IPO of Excellent Wires and Packaging is priced at ₹90 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Bigshare Services Pvt Ltd is the registrar of the issue.

Excellent Wires and Packaging IPO bid opening date is from Sep 11, 2024 and the bid closing date was Sep 13, 2024.
Excellent Wires and Packaging IPO allotment result will be available on Sep 16, 2024. The tentative listing date for Excellent Wires and Packaging is Sep 19, 2024.

The total issue size is 1,400,000 shares(aggregating up to ₹12.60 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	664,000	664,000	1,328,000
Day 1 - 11-09-24 06:00 PM	0.30 x	2.25 x	1.27 x
Day 2 - 12-09-24 06:00 PM	0.78 x	6.12 x	3.45 x
Day 3 - 13-09-24 06:00 PM	8.86 x	32.00 x	20.43 x

Total No. of Applications: 13,278 (Approx)

Excellent Wires and Packaging Valuations

EPS Pre IPO

₹2.70/-

EPS Post IPO

₹1.86/-

P/E Pre IPO

33.3

P/E Post IPO

48.48

RoNW

20.90%

PAT Margin

148.39

Price to Book Value

5.66

Excellent Wires and Packaging Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	705.08	324.69	242.63
Revenue	1,540.82	1,448.46	728.85
Profit After Tax	82.98	10.43	4.73

About The Company

Incorporated in March 2021, Excellent Wires and Packaging Limited manufactures a broad range of wires and wire ropes under the brand name Excellent including different varieties such as Spring Steel Wire, High Carbon Wire, Galvanised Wire (GI Wire) and other variants for use in various applications.

The Company products can be categorized into the following:
Brass Wires & Products
Steel Wires & Products
Other Products viz. Packaging Products

The products are sold to several industries including Packaging, Engineering, Stationery, Imitation Jewellry, Wires & Cable etc.

The company has achieved ISO 9001:2015 Certification that is a world class standard to ensure the effectiveness of quality management.

The number of employees at July 2024 is 18 working in various departments.

Excellent Wires and Packaging - Promoter(s)

Pre Issue Share Holding: 91.90%

Post Issue Share Holding: 63.12%

Company Promoter(s)

Bhavya Vasant Shah
Rachit Paresh Masalia
Darshil Hasmukh Shah

Excellent Wires and Packaging IPO - Issue Objectives

Acquisition of Land and construction of Building
Acquisition of Plant & Machineries
Funding additional Working capital requirements
General Corporate Purposes

Other Details

Company Contact Details

Excellent Wires and Packaging

Gala No. 1, Jyoti Industrial Estate, Vevoor Village, Ganesh Nagar, Palghar - E, Thane, Palghar-401404

Phone: +91 98202 85767

Email: info@excellentwiresandpackaging.com

Website: https://www.excellentwiresandpackaging.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Excellent Wires and Packaging IPO - FAQs

Ans. Excellent Wires and Packaging Limited IPO is a SME IPO. The issue is priced at ₹90 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 11, 2024, and closes on Sep 13, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Excellent Wires and Packaging Limited IPO opens on Sep 11, 2024 and closes on Sep 13, 2024.

Ans. The size of Excellent Wires and Packaging Limited IPO is 1,400,000 shares(aggregating up to ₹12.60 Cr).

Ans. The IPO price band is set between ₹90 per equity share.

Ans. To apply for Excellent Wires and Packaging Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Excellent Wires and Packaging Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Excellent Wires and Packaging Limited IPO is Sep 16, 2024.

Ans. The Excellent Wires and Packaging Limited IPO will be listed on Sep 19, 2024.

Ans. Follow the steps to check the allotment status for Excellent Wires and Packaging Limited IPO here.