CWD is a company based on Information and Communication Technology (ICT) that develops, develops, manufactures and sells integrated solutions. Advanced CWD products focus on wireless technology can be on short radio technologies such as NFC, Bluetooth BLE, WiFi, Zigbee; mid-range programs such as LORA or long-distance communication systems such as 5G LTE, NB-IOT, LTE CAT. Its offerings can be broadly divided into – Intelligent Communication Modules, Connected Products, Electronics Design, Product Design, and Software Design. CWD is a provider of integrated end-to-end solutions and first-time equipment manufacturers with skills ranging from global demand, production, quality testing, packaging, and product performance. The company is very focused on R&D and the company’s products are sold worldwide to customers who also distribute these products under their brand.
The company has 3 services namely CWD Manufacturing Pvt. Ltd., and Global Private Limited SDG in Mumbai, and CWD Innovations HK Limited in Hong Kong.
Competitive Strengths
- End-to-end integrated solution provider and original equipment manufacturer.
- Strong R&D and technological capabilities.
- Experienced promoters and management expertise.
- Wide product portfolio.
- Scalable business model.
Company Promoters
Mr. S. Siddhartha Xavier and Mr. Tejas Kothari are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in Millions) | |
|---|---|---|
| 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 77.55 | 42.27 |
| Total Revenue | 34.12 | 30.29 |
| Profit After Tax | 14.16 | 5.14 |
Objects Of The Issue
The net proceed from the IPO will be utilized towards the following purposes;
- Security deposit towards acquisition of registered office on a long term lease basis.
- Funding working capital requirements.
- General corporate purpose.
CWD Limited IPO Details
| IPO Opening Date | Sep 30, 2021 |
| IPO Closing Date | Oct 05, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹180 per equity share |
| Market Lot | 600 Shares |
| Min Order Quantity | 600 Shares |
| Listing At | BSE SME |
| Issue Size | 1,000,800 Eq Shares of ₹10 (aggregating up to ₹18.01 Cr) |
| Fresh Issue | 850,800 Eq Shares of ₹10 (aggregating up to ₹15.31 Cr) |
| Offer for Sale | 150,000 Eq Shares of ₹10 (aggregating up to ₹2.70 Cr) |
CWD Limited IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 600 | ₹108,000 |
| Maximum | 1 | 600 | ₹108,000 |
CWD Limited IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.29% |
Company Contact Information
| CWD Limited 101, 1st Floor, Plot No. 439, Hasham Premji Building, Kalbadevi Road, Mumbai – 400 002 Phone: +91 – 90290 25141 Email: compliance@cwdin.com Website: http://www.cwdin.com/ |
CWD Limited IPO Registrar
| KFintech Private Limited Phone: 04067162222, 04079611000 Email: cwdin.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
CWD Limited IPO FAQs
| When CWD Limited IPO will open? The CWD Limited IPO dates are 30 Sep 2021 To 05 Oct 2021. |
| What is the lot size of CWD Limited IPO? CWD Limited IPO lot size and the minimum order quantity is 600 Shares. |
| How to apply for CWD Limited IPO? You can apply in CWD Limited IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. |
| When is CWD Limited IPO listing date? The CWD Limited IPO listing date is not announced. The date of CWD Limited IPO listing is []. |
