Excellent Wires and Packaging IPO Logo

Excellent Wires and Packaging IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Sep 11 to Sep 13 2024
Price Band ₹90
Current GMP ₹85(-5.56%)
Subscription 20.37 times

IPO Details

IPO Date
September 11, 2024 to September 13, 2024
Listing Date
Thursday, September 19, 2024
Face Value
₹10 per share
Price
₹90 per share
Lot Size
1600 Shares
Total Issue Size
1,400,000 shares (aggregating up to ₹12.60 Cr)
Fresh Issue
1,400,000 shares (aggregating up to ₹12.60 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
3,070,000
Share holding post issue
4,470,000
Market Maker portion
72,000 shares Inventure Growth & Securities

IPO Subscription Details

Market Maker
1
Non-Institutional Buyers***
8.75
Retail Investors
32.00
Total **
20.37

Day Wise Sub

DayDay 1 Sep 11, 2024
NII*0.30
Retail2.25
Total1.27
DayDay 2 Sep 12, 2024
NII*0.78
Retail6.12
Total3.45
DayDay 3 Sep 13, 2024
NII*8.75
Retail32.00
Total20.37

Day Wise GMP

Date19-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date18-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date17-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date16-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date15-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date14-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date13-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date12-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date11-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date10-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date09-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date08-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date07-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date06-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date05-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date04-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date03-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date02-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date01-09-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date31-08-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date30-08-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date29-08-2024
Price90.00
GMP0(0.0%)
Estimate List Price90
Date28-08-2024
Price90.00
GMP0(0.0%)
Estimate List Price90

IPO Important Dates

IPO Open Date
Wednesday, September 11, 2024
IPO Close Date
Friday, September 13, 2024
Basis of Allotment
Monday, September 16, 2024
Initiation of Refunds
Tuesday, September 17, 2024
Credit of Shares to Demat
Tuesday, September 17, 2024
Listing Date
Thursday, September 19, 2024
Cut-off time for UPI mandate confirmation
5 PM on September 13, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1600
Amount₹144,000
ApplicationRetail (Max)
Lots1
Shares1600
Amount₹144,000
ApplicationHNI (Min)
Lots2
Shares3,200
Amount₹288,000

Financial Information

Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 2024705.08
31 Mar 2023324.69
31 Mar 2022242.63
Period EndedRevenue
31 Mar 20241,540.82
31 Mar 20231,448.46
31 Mar 2022728.85
Period EndedProfit After Tax
31 Mar 202482.98
31 Mar 202310.43
31 Mar 20224.73
Period EndedNet Worth
31 Mar 2024397.09
31 Mar 202317.11
31 Mar 20226.68
Period EndedReserves and Surplus
31 Mar 2024362.09
31 Mar 202315.11
31 Mar 20224.68

Key Performance Indicator

RoNW
20.90%
P/BV
5.66
PAT Margin (%)
148.39
EPS (Rs)
2.7

IPO Reservation

Anchor Investor Shares Offered
-
Market Maker Shares Offered
72,000 (5.14%)
Other Shares Offered
6,64,000 (47.43%)
Retail Shares Offered
6,64,000 (47.43%)
Total Shares Offered
14,00,000 (100%)

Information about company

Incorporated in March 2021, 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.

Objectives of IPO

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 & Machineries Funding additional Working capital requirements; and General Corporate Purposes

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App