Excellent Wires and Packaging Limited IPO (Excellent Wires and Packaging IPO)

Excellent Wires and Packaging Limited IPO
Upcoming Excellent Wires and Packaging IPO | New Excellent Wires and Packaging IPO

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 categorized 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.

Excellent Wires and Packaging IPO

Excellent Wires and Packaging IPO – Details

IPO Opening Date11 September 2024
IPO Closing Date13 September 2024
Issue TypeFixed Price Issue IPO
Issue SizeTotal Issue Size: 14,00,000 Shares Worth ₹12.60 Crore
Fresh Issue: 14,00,000 Shares Worth ₹12.60 Crore
Face Value₹10 per equity share
IPO Price₹90
Market Lot1600 Shares
Min Order1600 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
Retail Shares Offered50%
Other Shares Offered50%

Excellent Wires and Packaging IPO – Date Schedule

IPO Open Date11 September 2024
IPO Close Date13 September 2024
Basis of Allotment16 September 2024
Initiation of Refund17 September 2024
Credit of Shares to Demat Account17 September 2024
IPO Listing Date19 September 2024
Cut-off time for UPI mandate confirmation5 PM on September 13, 2024

Excellent Wires and Packaging IPO – Lots Size & Price

ApplicationLotsSharesAmount
Retail (Min)11600₹1,44,000
Retail (Max)11600₹1,44,000
HNI (Min)23200₹2,88,000

Competitive Strengths

  • Experienced Promoter and management team with strong industry expertise.
  • Established Reputation and Strong customer relationships.
  • Diversified product portfolio.
  • Continuous improvement in Operations.

Company Promoters

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

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 20227.287.220.04
31 March 202314.4814.340.10
31 March 202415.4014.280.82
Amount in ₹ Crore

Key Performance Indicator

KPIValues
RoNW20.90%
P/BV5.66
PAT Margin (%)148.39
Pre IPOPost IPO
EPS (Rs)2.71.86
P/E (x)33.348.48

Object Of The Issue

  • Acquisition of Land and construction of Building;
  • Acquisition of Plant & Machineries;
  • Funding additional Working capital requirements; and
  • General Corporate Purposes.
Excellent Wires and Packaging IPO
Object of the Issues

Excellent Wires and Packaging IPO Promoter Holding

Pre Issue Share Holding91.90%
Post Issue Share Holding63.12%

Excellent Wires and Packaging IPO Prospectus

Company Contact Information

Excellent Wires and Packaging Limited

Gala No. 1, Jyoti Industrial Estate
Vevoor Village, Ganesh Nagar, Palghar – E,
Thane, Palghar-401404

Phone: +91 98202 85767
Email: info@excellentwiresandpackaging.com
Websitehttps://www.excellentwiresandpackaging.com/

Excellent Wires and Packaging IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.html

Excellent Wires and Packaging IPO Lead Manager(s)

1. Inventure Merchant Banker Services Pvt Ltd

Excellent Wires and Packaging IPO FAQs

Excellent Wires and Packaging IPO FAQs
What is Excellent Wires and Packaging IPO?

Excellent Wires and Packaging IPO is a SME IPO. The issue is priced at ₹90 per equity share. The IPO is to be listed on NSE SME.
When Excellent Wires and Packaging IPO will open?

The IPO is to open on 11 September 2024 for NII and Retail Investors.
What is Excellent Wires and Packaging IPO Investors Portion?

The investors’ portion for Retail – 50% and NII – 50%.
How to Apply the Excellent Wires and Packaging IPO?

You can apply Excellent Wires and Packaging 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 the Excellent Wires and Packaging IPO through Angle One?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Excellent Wires and Packaging IPO”. Click on 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 Angle One.
How to Apply the Excellent Wires and Packaging IPOv through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Excellent Wires and Packaging IPO“. Click on 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 5 Paisa.
How to Apply the Excellent Wires and Packaging IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Excellent Wires and Packaging IPO”. Click on 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 Upstox.
How to Apply the Excellent Wires and Packaging IPO through IIFL?

Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Excellent Wires and Packaging IPO”. Click on 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 IIFL.
What is Excellent Wires and Packaging IPO Size?

Excellent Wires and Packaging IPO size is ₹12.60 Crore.
What is Excellent Wires and Packaging IPO Price Band?

Excellent Wires and Packaging IPO Price Band is ₹90.
What is Excellent Wires and Packaging IPO Minimum and Maximum Lot Size for retail?

The minimum bid is 1600 Shares with ₹1,44,000 amount while the maximum bid is 1600 Shares with ₹1,44,000.
What is the Excellent Wires and Packaging IPO Allotment Date?

Excellent Wires and Packaging IPO allotment date is 16 September 2024.
What is the Excellent Wires and Packaging IPO Listing Date?

Excellent Wires and Packaging IPO listing date is  19 September 2024. The IPO is to be listed on NSE SME.
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