Excellent Wires and Packaging IPO Date, Review, Price, Allotment Details

Excellent Wires and Packaging IPO is opening for subscription on September 11, 2024, and closing on September 13, 2024. This NSE SME IPO aims to raise ₹12.60 Crores, with a 100% Fresh Issue of TBA equity shares, each with a face value of ₹10. The price band for the Excellent Wires and Packaging IPO is fixed at ₹90 Per Share, with a market lot of 1600 share.The allocation for this IPO is as follows: 50% for retail investors, and 50% for high-net-worth individuals (HNI). Excellent Wires and Packaging IPO Allotment will done on September 16, 2024, and Excellent Wires and Packaging IPO listing date is September 18, 2024.

 

Excellent Wires and Packaging Company Profile

Excellent Wire and Packaging Ltd., established in April 2012 as Perfect Wire Industries, is a manufacturer of a wide range of wires including spring steel, high carbon, galvanized, stainless steel, and various specialty wires. The company also produces packaging products like PP strapping reels and BOPP self-adhesive tapes. Operating under the brand name Excellent, they serve industries such as packaging, engineering, stationery, and jewelry.

Product Categories

• Brass Wires and Products
• Steel Wires and Products
• Packaging Products

IPO Strengths

• Experienced management with strong industry expertise.
• Established reputation and solid customer relationships.
• Diverse product portfolio.
• Focus on continuous operational improvement.

 

Excellent Wires and Packaging IPO GMP

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Excellent Wires and Packaging IPO Objectives

The funds raised through the IPO will be utilized for:

1. Acquisition of land and construction of building
2. Acquisition of plant and machinery
3. Funding additional working capital requirements
4. General corporate purposes

 

Excellent Wires and Packaging IPO Key Details

• Excellent Wires and Packaging IPO Open Date: September 11, 2024
• Excellent Wires and Packaging IPO Close Date: September 13, 2024
• Excellent Wires and Packaging IPO Size: Approximately ₹12.60 Crores, Equity Shares
• Face Value: ₹10 Per Equity Share
• Excellent Wires and Packaging IPO Price Band: ₹90 Per Equity Share
• Excellent Wires and Packaging IPO Listing on: NSE SME IPO
• Retail Quota: 50% of the net offer
• NII Quota: 50% of the net offer

 

Excellent Wires and Packaging IPO Timeline

• Excellent Wires and Packaging IPO Open Date: September 11, 2024
• Excellent Wires and Packaging IPO Close Date: September 13, 2024
• Basis of Allotment: September 16, 2024
• Refunds: September 17, 2024
• Credit to Demat Account: September 17, 2024
• Excellent Wires and Packaging IPO Listing Date: September 18, 2024

 

How to Apply for Excellent Wires and Packaging IPO

Investors can apply for the Excellent Wires and Packaging IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

 

Excellent Wires and Packaging Financial Performance (in Crores)

• Year 2022: Revenue ₹7.29, Expense ₹7.22, Profit After Tax ₹0.05, Assets ₹2.43
• Year 2023: Revenue ₹14.48, Expense ₹14.34, Profit After Tax ₹0.10, Assets ₹3.25
• Year 2024: Revenue ₹15.41, Expense ₹28.83, Profit After Tax ₹0.81, Assets ₹7.05

 

Excellent Wires and Packaging Valuation FY2024

• Return on Equity (ROE): 20.90%
• Return on Capital Employed (ROCE): N/A
• EBITDA Margin: 146.14%
• Profit After Tax (PAT) Margin: 5.39%
• Earnings Per Share (EPS): ₹3.32
• Net Asset Value (NAV): ₹15.90
• Price/Earnings (P/E) Ratio: N/A

 

Excellent Wires and Packaging Peer Group

 

Excellent Wires and Packaging Company Promoters

• Bhavya Vasant Shah
• Rachit Paresh Masalia
• Darshil Hasmukh Shah

 

Excellent Wires and Packaging IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Excellent Wires and Packaging IPO Allotment Status Check

• Check the Excellent Wires and Packaging IPO allotment status on the Bigshare Serviceswebsite.

 

Excellent Wires and Packaging IPO Allotment Link

• Check the Excellent Wires and Packaging IPO allotment on the Check Ipo Allotment website.

 

Excellent Wires and Packaging IPO Lead Managers (Merchant Bankers)

• Inventure Merchant Banker Services Pvt Ltd

Excellent Wires and Packaging Company Address

Gala No. 1, Jyoti Industrial Estate,
Vevoor Village, Ganesh Nagar,
Palghar – E
Thane,Maharashtra-401 404 India
Website: https://www.excellentwiresandpackaging.com/
Phone: +91 98202 85767
Email: info@excellentwiresandpackaging.com

Excellent Wires and Packaging IPO FAQs

What is Excellent Wires and Packaging IPO?

Excellent Wires and Packaging IPO is an NSE SME IPO. They are going to raise ₹12.60 Crores via IPO. The issue is priced at ₹90 Per equity share. The IPO is to be listed on NSE.

 

When will the Excellent Wires and Packaging IPO open?

The IPO is to open on September 11, 2024, for NII, and Retail Investors.

 

What is Excellent Wires and Packaging IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

 

How to Apply for the Excellent Wires and Packaging IPO?

You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

 

How to Apply Gala Precision Engineering IPO through M-Stock?

For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.

 

How to Apply the Excellent Wires and Packaging IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the Excellent Wires and Packaging IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

 

What is Excellent Wires and Packaging IPO Size?

Excellent Wires and Packaging IPO size is ₹12.60 Crores.

 

What is Excellent Wires and Packaging IPO Price Band?

Excellent Wires and Packaging IPO Price Band is ₹90 Per equity share.

 

What is Excellent Wires and Packaging IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 share with ₹144,000.

 

What is Excellent Wires and Packaging IPO Allotment Date?

Excellent Wires and Packaging IPO allotment date is September 16, 2024.

 

What is Excellent Wires and Packaging IPO Listing Date?

Excellent Wires and Packaging IPO listing date is September 18, 2024. The IPO to list on NSE SME IPO.