Excellent Wires and Packaging Ltd
Price Range
₹90
Min. Quantity
1,600
Closes on
13 September 2024
Min. investment
₹1,44,000/1,600 Shares
Excellent Wires and Packaging Ltd IPO Timeline
Excellent Wires and Packaging Limited started their business in April 2012 in the name of Perfect Wire Industries, Partnership Firm, as a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of 'Excellent'. The Company also manufacture packaging products like PP Strapping Rolls and BOPP Self Adhesive Tapes. It supply products to various industries viz. Packaging, Engineering, Stationery, Imitation Jewellry, Wires & Cable etc.
| Event | Date |
|---|---|
| Excellent Wires and Packaging Ltd IPO Opening Date | 11 September 2024 |
| Excellent Wires and Packaging Ltd IPO Closing Date | 13 September 2024 |
| Basis of Allotment | 17 September 2024 |
| Initiation of Refunds | 18 September 2024 |
| Credit of Shares to Demat | 18 September 2024 |
| Excellent Wires and Packaging Ltd IPO Listing Date | 19 September 2024 |
Excellent Wires and Packaging Ltd IPO Details
| Excellent Wires and Packaging Ltd IPO Date | 11 September 2024 to 13 September 2024 |
| Excellent Wires and Packaging Ltd IPO Face Value | ₹10 per share |
| Excellent Wires and Packaging Ltd IPO Price | ₹90 to ₹0 per share |
| Excellent Wires and Packaging Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹12.6 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹12.6 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Bhavya Vasant Shah, Rachit Paresh Masalia, Darshil Hasmukh Shah |
Excellent Wires and Packaging Ltd IPO Lot Size
The Excellent Wires and Packaging Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,44,000 |
| Maximum | 1 | 1,600 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Experienced Promoter and management team with strong industry expertise.
- Established Reputation and Strong customer relationships.
- Diversified product portfolio.
- Continuous improvement in Operations.
Company Financials
Excellent Wires and Packaging Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 7.05 | 15.41 | 0.83 |
| 03-2023 | 3.25 | 14.48 | 0.10 |
| 03-2022 | 2.43 | 7.29 | 0.05 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Acquisition of Land and construction of building
- Acquisition of Plant and Machinery
- Funding additional working capital requirements
- General corporate purposes
Excellent Wires and Packaging Ltd IPO Promoter Holding
| Pre Issue Share Holding | 30.75% |
| Post Issue Share Holding | 21.12% |
Excellent Wires and Packaging Ltd IPO Subscription Status (Bidding Detail)
The Excellent Wires and Packaging Ltd IPO is subscribed 19.3771 times on 13 September 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 19.3771 |
Excellent Wires and Packaging Ltd IPO Prospectus
Excellent Wires and Packaging Ltd IPO Listing Date
| Listing Date | 19 September 2024 |
| BSE Script | 93279 |
| NSE Symbol | EXCELLENT |
| Listing In | NSE - SME |
| ISIN | INE0Y4801011 |
| IPO Price | ₹90 |
| Face Value | ₹10 |
Company Contact Information
Gala #.1 Jyoti Industrial EsteVevoor(V) Ganesh Nagar Palghar,Palghar-401404
Phone: +91 98202 85767/8
Email: info@excellentwiresandpackaging.com
Website: www.excellentwiresandpackaging.com
Excellent Wires and Packaging Ltd IPO Registrar
Excellent Wires and Packaging Ltd IPO Lead Manager(s)
- Inventure Merchant Banker Services Pvt Ltd
FAQ
What is the issue size of Excellent Wires and Packaging Ltd IPO?
I have pre-applied for Excellent Wires and Packaging Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.