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Open
16 Mar 2018
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Close
20 Mar 2018
3
Allotment
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Listing
Wed, Mar 28, 2018
Price Band
₹100 per share
Issue Size
15,00,000 shares (agg. up to ₹15 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Mar 28, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.14x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 32.67 | 30.48 | 33.13 | 32.98 |
| Total Income | 16.45 | 29.16 | 29.60 | 27.36 |
| Profit After Tax | 1.56 | 1.05 | 0.94 | 0.83 |
| NET Worth | 12.34 | 10.78 | 9.73 | 8.79 |
| Reserves and Surplus | 7.34 | 5.78 | 4.73 | 3.79 |
| Total Borrowing | 14.22 | 13.90 | 15.72 | 18.29 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sintercom India Ltd. | SME | ₹42.55 Cr | ₹65 | null | ₹78.00 | +20.00% | ₹78.11 (-2.57%) |
| Goldstar Power Ltd. | SME | ₹7.25 Cr | ₹25 | null | ₹26.30 | +5.20% | ₹7.30 (-0.68%) |
| ASL Industries Ltd. | SME | ₹9.80 Cr | ₹35 | null | ₹35.05 | +0.14% | ₹172.30 (-1.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Long Term Working Capital Requirement | 3.80 |
| 2 | Expenditure for General Corporate Purposes | 0.93 |
About Uravi T & Wedge Lamps IPO
Incorporated in the year 2004, Uravi T and Wedge Lamps Limited, is a Mumbai based company engaged in manufacturing and distribution of lamps and lighting products with core focus on automotive lamps and instrument cluster lighting. The company specializes in manufacturing and distributing Stop and Tail Lamps /Signal Lamps /Indicator Lamps and Wedge Lamps for Two-wheelers, Fourwheelers, Tractors and Industrial applications for various Indian automobile manufacturers. It is ISO/TS certified and hold certifications from the Automotive Research Association of India and E-mark for the products manufactured. Uravi has recently entered into a co-operation agreement with a Philippines based company named Global Lighting Phils. Inc for developing LED lighting products vertical of our company. The LED lamps are manufactured by Global Lighting Phils. Inc. under the brand name “UVAL” and are imported, distributed and sold in India by the company. The company began its operations with a rented manufacturing unit at Navi Mumbai in Maharashtra and subsequently purchased manufacturing units at Bhiwandi, Thane and shifted the manufacturing operations to this unit. Recently it acquired a factory pre
Contact Details
Uravi T & Wedge Lamps Ltd. AddressShop No.LG-20Lower Ground, Avior, Nirmal GalaxyL.B.S.Marg, Mulund WestMumbai, Maharashtra, 400080+91 – 22 – 2565 1355info@uravilamps.comVisit Website