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Open
11 Sep 2024
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Close
13 Sep 2024
3
Allotment
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Listing
Thu, Sep 19, 2024
Price Band
₹90 per share
Issue Size
14,00,000 shares (agg. up to ₹13 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Sep 19, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 22.37x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 7.05 | 3.25 | 2.43 |
| Total Income | 15.41 | 14.48 | 7.29 |
| Profit After Tax | 0.83 | 0.10 | 0.05 |
| NET Worth | 3.97 | 0.17 | 0.07 |
| Reserves and Surplus | 3.62 | 0.15 | 0.05 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aditya Ultra Steel Ltd. | SME | ₹45.88 Cr | ₹62 | 13.64 | ₹66.40 | +7.10% | ₹24.65 (-4.83%) |
| Jay Bee Laminations Ltd. | SME | ₹88.96 Cr | ₹146 | 13.58 | ₹291.25 | +99.49% | ₹98.70 (-4.04%) |
| Visaman Global Sales Ltd. | SME | ₹16.05 Cr | ₹43 | 38.25 | ₹47.35 | +10.12% | ₹107.60 (-4.99%) |
| Deem Roll Tech Ltd. | SME | ₹29.26 Cr | ₹129 | 11.31 | ₹209.70 | +62.56% | ₹54.70 (+4.69%) |
| Shree Marutinandan Tubes Ltd. | SME | ₹14.30 Cr | ₹143 | 17.44 | ₹210.00 | +46.85% | ₹52.20 (-5.00%) |
| Mangalam Alloys Ltd. | SME | ₹54.91 Cr | ₹80 | 14.65 | ₹76.00 | -5.00% | ₹32.95 (+0.00%) |
| Bansal Wire Industries Ltd. | Mainboard | ₹745.00 Cr | ₹256 | 41.41 | ₹350.35 | +36.86% | ₹316.30 (-0.96%) |
| Vibhor Steel Tubes Ltd. | Mainboard | ₹72.17 Cr | ₹151 | 10.17 | ₹446.25 | +195.53% | ₹111.44 (-1.11%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Acquisition of Land and construction of Building | 5.78 |
| 2 | Acquisition of Plant & Machineries | 2.00 |
| 3 | Funding additional working capital requirements | 1.50 |
| 4 | General Corporate Purposes | 2.32 |
About Excellent Wires IPO
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.+ Read More
Contact Details
Excellent Wires & Packaging Ltd. AddressGala No.1, Jyoti Industrial EstateVevoor Village, Ganesh Nagar, Palghar-EPalghar, Maharashtra, 401404+91 98202 85767info@excellentwiresandpackaging.comVisit Website