Wonder Fibromats Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,056,000 (47%) | — | ₹940 Cr |
| Retail | — | 1,056,000 (47%) | — | ₹940 Cr |
| Market Maker | — | 112,000 (5%) | — | ₹10 Cr |
| Σ Total | — | 2,224,000 (100%) | — | ₹19,794 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 | ₹142,400 |
| Retail (Max) | 13 | 20,800 | ₹1,851,200 |
| S-HNI (Min) | 14 | 22,400 | ₹1,993,600 |
| B-HNI (Min) | 67 | 107,200 | ₹9,540,800 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 |
|---|---|---|---|
| Revenue | 30,664 | 29,371 | 16,563 |
| Profit After Tax | 614 | 797 | 509 |
| Total Assets | 13,038 | 12,589 | 6,676 |
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 To finance the Expenditure towards Acquisition of Land, Site Development and Other Civil Work. – 4.40
- 2 To Acquire the Plant & Machinery – 2.90
- 3 To part finance the requirement of Incremental Working Capital – 9.00
- 4 To meet General corporate purposes – 2.36
- 5 To meet the expenses of the Issue – 1.36
Company Overview
Incorporated in October 2009, Delhi based Wonder Fibromats Limited is engaged in manufacturing, supplying, designing of motors, home appliances, energy-efficient fans and allied equipment. The company manufactures and supplies products to many well-known companies to distribute under their brand name. It also has an in-house quality management lab and professional R&D team to maintain quality and market requirements. Under the supervision of the quality check (QC) department, a client-satisfaction cell reviews the clients' complaints.
The main business of Wonder Fibromats is to manufacture exhaust, ceiling, pedestal and brushless DC (BLDC) fans in different attractive patterns, color and designs.
Some of the products of the company also qualify for the quality standards of the Bureau of Indian Standards.
Currently, the company has a manufacturing facility located at Raipur Industrial Area, Uttarakhand. It is also setting up a new manufacturing plant with the aim of 24,00,000 fans per annum production capacity in Hyderabad.
The competitive strengths of the company are:
1. Strong relationships with the customer base.
2. Quality assurance
3. Dedicated research and development team
4. Backward integration