Excellent Wires & Packaging Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 664,000 (47%) | — | ₹598 Cr |
| Retail | — | 664,000 (47%) | — | ₹598 Cr |
| Market Maker | — | 72,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 1,400,000 (100%) | — | ₹12,600 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 | 1,600 | ₹144,000 |
| Retail (Max) | 13 | 20,800 | ₹1,872,000 |
| S-HNI (Min) | 14 | 22,400 | ₹2,016,000 |
| B-HNI (Min) | 67 | 107,200 | ₹9,648,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,541 | 1,448 | 729 |
| Profit After Tax | 83 | 10 | 5 |
| Net Worth | 397 | 17 | 7 |
| Total Assets | 705 | 325 | 243 |
| Reserves & Surplus | 362 | 15 | 5 |
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
- Acquisition of Land and construction of Building –
- Acquisition of Plant & Machineries –
- Funding additional Working capital requirements; and –
- General Corporate Purposes –
Company Overview
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.