Recently Viewed
Clear AllBidding Date
11-Sep-2024 to
13-Sep-2024
Issue Size
₹12.6 Cr
Price Band
₹90
Allotment date
17-Sep-2024
Listing date
19-Sep-2024
Lot size
1600
No. of shares
14,00,000
Fresh issue/OFS
₹12.6 Cr /--
The company began its journey in April 2012 as "Perfect Wire Industries," a partnership firm specializing in the manufacturing of various types of wires under the brand name "Excellent." Over time, they produced a wide range of wires, including Spring Steel Wire, High Carbon Wire, Galvanized Wire (GI Wire), Brass Wire, and Stainless Steel Wire, among others. They also offered wire ropes, both with and without PVC coating, for multiple applications across industries. Alongside wires, they supplied packaging products like PP Strapping Rolls and BOPP Self Adhesive Tapes, sourced from the market and sold under the same brand. In March 2021, the business transitioned from a partnership firm to a corporate entity, leading to the incorporation of "Excellent Wires and Packaging Limited." They further expanded their manufacturing capabilities by leasing a property in Panvel in May 2022 to introduce a new product line of brass wires.Their sales are entirely B2B, catering to industries such as packaging, engineering, stationery, imitation jewelry, and wires & cables.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
19.4x
The issue size of Excellent Wires And Packaging is ₹12.60 Cr.
Excellent Wires And Packaging falls into Other Materials industry.
The Excellent Wires And Packaging IPO will be listed on BSE.
The open and close dates for the Excellent Wires And Packaging are 11-Sep-2024 & 13-Sep-2024.
The price band for the Excellent Wires And Packaging ipo is ₹90
The listing date of Excellent Wires And Packaging IPO is 19-Sep-2024.
The purpose of this IPO is to raise fresh capital.
Excellent Wires And Packaging total subscription ratio is 19.4X.
Key financial of the Excellent Wires And Packaging are:
| Excellent Wires And Packaging | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 15.41 | 14.48 | 7.29 |
| EBIT (₹ Cr) | 1.39 | 0.39 | 0.15 |
| Proft after Tax (₹ Cr) | 0.82 | 0.1 | 0.05 |
| Debt (₹ Cr) | 2.24 | 2.25 | 1.09 |
| Net Worth (₹ Cr) | 3.97 | 0.17 | 0.07 |
| RoE (%) | 20.71 | 60.96 | 70.81 |