Excellent Wires and Packaging Limited


Opening Date Closing Date Face Value Issue Price Lot Size Listing At Total Issue Size Basis of Allotment Initiation of Refunds Credit of Shares to Demat Listing Date
10-09-2024 12-09-2024 10 PER SHARE 0 1600 Shares NSE SME 1,400,000 shares (aggregating up to ₹12.60 Cr) 2024-09-15 18:30:00 2024-09-16 18:30:00 2024-09-16 18:30:00 18-09-2024

About The Company

Excellent Wires and Packaging IPO is a fixed price issue of Rs 12.60 crores. The issue is entirely a fresh issue of 14 lakh shares.

Excellent Wires and Packaging IPO opens for subscription on September 11, 2024 and closes on September 13, 2024. The allotment for the Excellent Wires and Packaging IPO is expected to be finalized on Monday, September 16, 2024. Excellent Wires and Packaging IPO will list on NSE SME with tentative listing date fixed as Thursday, September 19, 2024.

 

Excellent Wires and Packaging IPO price is ₹90 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹288,000.

Inventure Merchant Banker Services Pvt Ltd is the book running lead manager of the Excellent Wires and Packaging IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Excellent Wires and Packaging IPO is Inventure Growth & Securities.

Refer to Excellent Wires and Packaging IPO RHP for detailed information.

Financials

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrow
30-03-2022 243 729 5 6.68 0 4.68
30-03-2023 325 1448 10 17.11 0 15.11
30-03-2024 705 1541 83 397.09 0 362.09

IPO Subscription Status

Category Subscription Times
Institutional 8.75
Retail Investors 32.00
2.21 20.37

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 144000
Retail (Max) 1 1600 144000
HNI 2 3200 288000

IPO Listing Details

Listing Date 18-09-2024
BSE Script Code N/A
NSE Symbol N/A
ISIN N/A
Final Issue Price 0

Promoter holdings

Bhavya Vasant Shah, Rachit Paresh Masalia and Darshil Hasmukh Shah.

Pre Issue Share Holding 91.90%
Post Issue Share Holding 63.12%

Contact Information of the Company

Excellent Wires and Packaging Limited
Gala No. 1, Jyoti Industrial Estate
Vevoor Village, Ganesh Nagar, Palghar - E,
Thane, Palghar-401404
Phone: +91 98202 85767
Email: info@excellentwiresandpackaging.com
Websitehttps://www.excellentwiresandpackaging.com/

IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.html

IPO Lead Manager

Bigshare Services Pvt Ltd