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 – Details
| IPO Opening Date | 11 September 2024 |
| IPO Closing Date | 13 September 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | Total 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 Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Excellent Wires and Packaging IPO – Date Schedule
| IPO Open Date | 11 September 2024 |
| IPO Close Date | 13 September 2024 |
| Basis of Allotment | 16 September 2024 |
| Initiation of Refund | 17 September 2024 |
| Credit of Shares to Demat Account | 17 September 2024 |
| IPO Listing Date | 19 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 13, 2024 |
Excellent Wires and Packaging IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,44,000 |
| Retail (Max) | 1 | 1600 | ₹1,44,000 |
| HNI (Min) | 2 | 3200 | ₹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
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2022 | 7.28 | 7.22 | 0.04 |
| 31 March 2023 | 14.48 | 14.34 | 0.10 |
| 31 March 2024 | 15.40 | 14.28 | 0.82 |
Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | 20.90% |
| P/BV | 5.66 |
| PAT Margin (%) | 148.39 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.7 | 1.86 |
| P/E (x) | 33.3 | 48.48 |
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 Promoter Holding
| Pre Issue Share Holding | 91.90% |
| Post Issue Share Holding | 63.12% |
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 Website: https://www.excellentwiresandpackaging.com/ |
Excellent Wires and Packaging IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://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
| 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. |
