WOL 3D India IPO Day 2: GMP, Subscription Status, Price Band, Other Details of NSE SME IPO

WOL 3D India IPO:The initial public offering (IPO) of 3D printing solutions provider WOL 3D India is witnessing healthy buying interest. The issue opened for pre-order on Monday, September 23, and will remain available until Wednesday, September 25. ₹25.56 billion, including the fresh issue of 14.52 million shares and the offer for sale (OFS) of 2.52 million shares. The current gray market premium (GMP) of the issue indicates that the company’s shares could be listed at a value of more than 40 percent.

WOL 3D India IPO Subscription Status

As of 10:35 a.m. on the second day of Tuesday’s subscription, the issue had a total of 23 subscriptions. The retail portion of the issue was subscribed 37.5 times, and the portion reserved for non-institutional buyers was subscribed 17.3 times. The section for qualified institutional buyers saw 2.1 bookings during that time.

WOL 3D India IPO Details

1. WOL 3D India ipo gmp:According to market sources, GMP of WOL 3D India around 10: 30 am on Tuesday is ₹65. Consider the upper price band of the problem of ₹150 and the latest GMP, the stock is expected to be listed at ₹215, at a premium rate of 43.33 percent.

2. IPO Date of WOL 3D India: The issue opened for pre-order on Monday, September 23, and will end on Wednesday, September 25.

3. WOL 3D India IPO Price:The price bar of the public issue is fixed at ₹142 to ₹150 per share.

4. WOL 3D India IPO Size: The company intends to raise the profile ₹25.56 billion from the problem. It will raise the role ₹21.78 crore from the fresh issue of shares, which will be used for repayment of loans, to meet working capital requirements and general corporate objectives.

5. WOL 3D India IPO lot size: Bidders can apply in bulk, and one of the NSE SME IPOs includes 1,000 shares of a company.

6. WOL 3D IPO Subscription: The IPO offered 3,23,000 shares to qualified institutional buyers, 2,43,000 shares to non-institutional buyers, and 5,66,000 shares to retail investors.

7. WOL 3D India IPO Date of Allotment: The company is expected to end the allotment of shares on Thursday, September 26. Successful bidders can expect the company’s shares in their demat accounts on Friday, September 27, and bidders who did not get the allotment may get their money back on the same day.

8. WOL 3D India IPO book-running manager and registrar:Hem Securities Limited is the book-selling manager, while Bigshare Services Private Limited is the official registrar of the SME IPO.

9. WOL 3D India IPO List:The SME IPO was offered for listing on the NSE SME on Monday, September 30.

10. Business Overview of WOL 3D India:The company provides 3D printing solutions in various sectors. Its profit after tax (PAT) has increased significantly in the last two financial years. For FY22, FY23 and FY24, the company’s PAT stood at ₹84.42 million kip, ₹2.41 billion and ₹5 billion, respectively.