CWD Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 475,200 (47%) | — | ₹855 Cr |
| Retail | — | 475,200 (47%) | — | ₹855 Cr |
| Market Maker | — | 50,400 (5%) | — | ₹9 Cr |
| Σ Total | — | 1,000,800 (100%) | — | ₹18,014 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹144,000 |
| Retail (Max) | 13 | 10,400 | ₹1,872,000 |
| S-HNI (Min) | 14 | 11,200 | ₹2,016,000 |
| B-HNI (Min) | 67 | 53,600 | ₹9,648,000 |
Financial Statements Amount in Crore
| Metric | 31-Mar-21 | 31-Mar-20 |
|---|---|---|
| Revenue | 3 | 3 |
| Profit After Tax | 1 | 1 |
| Total Assets | 8 | 4 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Security Deposit towards acquisition of Registered Office on a long term lease basis – 2.00
- 2 Funding Working Capital requirements – 9.30
- 3 General Corporate Purpose – 3.54
Company Overview
CWD is an Information and Communication Technology (ICT) based company that designs, develops, manufactures, and sells integrated solutions. CWD developed products are focused on wireless technologies either on short-range radio technology like NFC, Bluetooth BLE, WiFi, Zigbee; mid-range systems like LORA or long-range communication systems like 5G LTE, NB-IOT, LTE CAT. Its offerings can be majorly divided into - Smart Connectivity Modules, Connected Products, Electronics Design, Product Design, and Software Design. CWD is an end-to-end integrated solution provider and original equipment manufacturers with capabilities ranging from global sourcing, manufacturing, quality testing, packaging, and logistics. The company has a strong focus on R&D and the company’s manufactured products are sold globally to customers who in turn distribute these products under their own brand.
The company has 3 subsidiaries namely CWD Manufacturing Pvt. Ltd., and Global Private Limited SDG in Mumbai, and CWD Innovations HK Limited in Hong Kong.
Competitive strengths
- End-to-end integrated solution provider and original equipment manufacturer.
- Strong R&D and technological capabilities.
- Experienced promoters and management expertise.
- Wide product portfolio.
- Scalable business model.