IPO

Excellent Wires and Packaging Limited IPO

NSE SME

Offer Date: Sep 11, 2024 - Sep 13, 2024

₹ 144000 /1600 Shares

Check Allotment

Excellent Wires and Packaging IPO Live Subscription Details

Date
:
13-Sep-2024 17:26:41 hrs
NII
:
8.86
Retail
:
32.00x
Total
:
20.43 times

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

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

Excellent Wires and Packaging IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved664,000664,0001,328,000
Day 1 - 11-09-24 06:00 PM0.30 x2.25 x1.27 x
Day 2 - 12-09-24 06:00 PM0.78 x6.12 x3.45 x
Day 3 - 13-09-24 06:00 PM8.86 x32.00 x20.43 x
Total No. of Applications: 13,278 (Approx)

Excellent Wires and Packaging Valuations

EPS Pre IPO

₹2.16/-

EPS Post IPO

₹1.58/-

P/E Pre IPO

41.6

P/E Post IPO

56.78

RoNW

20.90%

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

31-Mar-2431-Mar-2331-Mar-22
Assets705.08324.69242.63
Revenue1,540.821,448.46728.85
Profit After Tax82.9810.434.73

About The Company

Excellent Wires and Packaging Limited manufactures a wide range of wires and wire ropes under the brand name Excellent, including various types such as Spring Steel Wire, High Carbon Wire, Galvanised Wire (GI Wire), and others for multiple applications.

The company's products can be categorised into the following:
Brass Wires & Products
Steel Wires & Products
Other Products viz. Packaging Products
The company's products are supplied to various industries such as Packaging, Engineering, Stationery, Imitation Jewellry, Wires & Cable etc.

The company has been awarded the ISO 9001:2015 Certification, an internationally recognized standard for ensuring effective quality management.As of July 2024, the company employed 18 people in various departments.

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Excellent Wires and Packaging - Promoter(s)

Pre Issue Share Holding: 91.90%

Post Issue Share Holding: 63.12%

Company Promoter(s)

  1. Bhavya Vasant Shah
  2. Rachit Paresh Masalia
  3. Darshil Hasmukh Shah

Excellent Wires and Packaging IPO - Issue Objectives

  1. Acquisition of Land and construction of Building
  2. Acquisition of Plant & Machineries
  3. Funding additional Working capital requirements
  4. General Corporate Purposes

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.