Ultra Wiring Connectivity System Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 652,000 (47%) | — | ₹228 Cr |
| Retail | — | 652,000 (47%) | — | ₹228 Cr |
| Market Maker | — | 72,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,376,000 (100%) | — | ₹4,816 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 | 4,000 | ₹140,000 |
| Retail (Max) | 13 | 52,000 | ₹1,820,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,960,000 |
| B-HNI (Min) | 67 | 268,000 | ₹9,380,000 |
Financial Statements Amount in Lakhs
| Metric | 28-Feb-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 1,627 | 1,518 | 1,394 |
| Profit After Tax | 104 | 75 | 57 |
| Total Assets | 1,842 | 1,525 | 1,387 |
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 For Construction & Setting up of New Unit at Plot No. 300, Sector 68, IMT, Faridabad, by setting up a parallel production line for manufacture of Connector and New Line for manufacturing of Blade Fuse – 3.02
- 2 Working Capital Requirement – 1.20
- 3 General Corporate Purposes – 0.20
- 4 Issue Expenses – 0.40
Company Overview
Incorporated in 2005, Haryana based Ultra Wiring Connectivity Systems Ltd is a company engaged in the business of manufacturing of Couplers, Connectors and allied products for
automobiles.
The Company's Manufacturing Plant is situated at Faridabad near Delhi. The plant has the total capacity of 120-135 lakhs couplers per month. It owns a Godown in Pune and an under-construction unit in Faridabad.
Ultra Wiring supplies its manufactured Couplers to most of the automobile manufacturers in India including Tata Motors, Maruti Udyog, Bajaj Auto, TVS Motors and Kinetic Engg etc
.
The Connectors are supplied to many companies in Auto-industries such as Tata Yazaki Autocomp / Yazaki India
Ltd, Tyco Electronics, Minda Group of Industries, Lumax Group of Industries, Flem Industries. It is also exported to M/s Thai Summit Harmess, Thailand and Fujikura Automotive, Paraguay (SA).
The company has 77 employees on its payroll.