Excellent Wires and Packaging IPO
Excellent Wires and Packaging is an NSE SME IPO listed on the NSE SME platform, priced at ₹90 per share. The stock debuted at ₹85. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,44,000.
Excellent Wires and Packaging Limited IPO
- IPO Dates
- Sep 11, 2024 – Sep 13, 2024
- Price band
- ₹90 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- ₹12.6 Cr
- Lot size
- 1600
- Allotment Date
- Sep 16, 2024
- Listing
- Sep 19, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 11, 2024
Open Date
Completed
-
Sep 13, 2024
Close Date
Completed
-
Sep 16, 2024
Allotment Date
Completed
-
Sep 19, 2024
Listing Date
Completed
Excellent Wires and Packaging IPO Essentials
Excellent Wires and Packaging IPO Details
Excellent Wires and Packaging IPO is priced at ₹90 per share with a total issue size of 12.6 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹90 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,400,000 shares(aggregating up to ₹12.60 Cr)
- Total issue size
- 14,00,000 shares
(aggregating up to ₹12.6 crore) - Fresh issue
- 14,00,000 shares
(aggregating up to ₹12.6 crore) - Listing at
- NSE SME
- List price
- 85.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Inventure Merchant Banker Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,44,000 |
| Retail(max) | 1 | 1600 | ₹1,44,000 |
| NII (min) | 2 | 3,200 | ₹2,88,000 |
Excellent Wires and Packaging IPO Reservation
Excellent Wires and Packaging IPO reservation details show category-wise allocation of shares. Out of the total 14,00,000 shares, approximately 47.43% for retail investors, and 5.14% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 72,000 (5.14%) | |
| Retail Shares Offered | 6,64,000 (47.43%) | |
| Total Shares Offered | 14,00,000 (100%) |
Excellent Wires and Packaging IPO Analytics
Excellent Wires and Packaging IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Excellent Wires and Packaging IPO Subscription Status
Excellent Wires and Packaging IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 664,000 | 664,000 | 1,328,000 |
|
Day 1
11-09-24 06:00 PM
|
(0.30) x | 2.25 x | 1.27 x |
|
Day 2
12-09-24 06:00 PM
|
(0.78) x | 6.12 x | 3.45 x |
|
Day 3
13-09-24 06:00 PM
|
(8.86) x | 32.00 x | 20.43 x |
Excellent Wires and Packaging Valuations
Earnings
- EPS Pre IPO
- ₹2.70/-
- EPS Post IPO
- ₹1.86/-
- P/E Pre IPO
- 33.3
- P/E Post IPO
- 48.48
Returns
- RoNW
- 20.90%
- PAT Margin
- 148.39
Fundamentals
- Price / Book
- 5.66
Excellent Wires and Packaging Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 705.08 | 324.69 | 242.63 |
| Revenue | 1,540.82 | 1,448.46 | 728.85 |
| Profit After Tax | 82.98 | 10.43 | 4.73 |
Excellent Wires and Packaging Company & Offer Insights
About Excellent Wires and Packaging
Incorporated in March 2021, Excellent Wires and Packaging Limited manufactures a broad range of wires and wire ropes under the brand name Excellent including different varieties such as Spring Steel Wire, High Carbon Wire, Galvanised Wire (GI Wire) and other variants for use in various applications.
The Company products can be categorized into the following:
Brass Wires & Products
Steel Wires & Products
Other Products viz. Packaging Products
The products are sold to several industries including Packaging, Engineering, Stationery, Imitation Jewellry, Wires & Cable etc.
The company has achieved ISO 9001:2015 Certification that is a world class standard to ensure the effectiveness of quality management.
The number of employees at July 2024 is 18 working in various departments.
Excellent Wires and Packaging Promoter(s)
Bhavya Vasant Shah, Rachit Paresh Masalia, Darshil Hasmukh Shah are the company's promoters of Excellent Wires and Packaging.
Excellent Wires and Packaging IPO Issue Objectives
- •
- Acquisition of Land and construction of Building
- •
- Acquisition of Plant & Machineries
- •
- Funding additional Working capital requirements
- •
- General Corporate Purposes
Excellent Wires and Packaging IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Excellent Wires and Packaging Limited | 3.32 | 3.32 | 15.9 | 27.11 | 20.9 | 6 | Consolidated |
| Bedmutha Industries Ltd. | 6.28 | 6.28 | 37.38 | 36.59 | 16.34 | 6.19 | Standalone |
| Kei Industries Ltd. | 64.41 | 64.41 | 348.88 | 72.98 | 18.46 | 13.51 | Standalone |
| Rajratan Global Wire Ltd. | 11 | 11 | 69.35 | 54.37 | 15.87 | 8.67 | Standalone |
Notes:
- Data for peer group companies is sourced from the Annual Report / published financial statement based on standalone financials for FY 2024.
- RONW/ROE is taken from BSE and NAV is computed by dividing CMP by PB ratio available on BSE.
- The P/E Ratio is computed by dividing the CMP by the EPS available in published financials.
- Excellent financials are based on March 31, 2024
Contact Information
Contact Details
Excellent Wires and Packaging
+91 98202 85767
info@excellentwiresandpackaging.com
https://www.excellentwiresandpackaging.com/
Gala No. 1, Jyoti Industrial Estate, Vevoor Village, Ganesh Nagar, Palghar - E, Thane, Palghar-401404
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Excellent Wires and Packaging IPO is a Fixed Priced IPO worth ₹12.6 crore. The issue price is ₹90 per share (fixed price). The IPO opens on Sep 11, 2024 and closes on Sep 13, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Excellent Wires and Packaging IPO is ₹90 per share (fixed price).
The lot size of Excellent Wires and Packaging IPO is 1600 shares.
The minimum investment for Excellent Wires and Packaging IPO is approximately ₹1,44,000 based on the issue price .
Excellent Wires and Packaging IPO opens on Sep 11, 2024 and closes on Sep 13, 2024.
The allotment date of Excellent Wires and Packaging IPO is Sep 16, 2024.
Excellent Wires and Packaging IPO is expected to be listed on Sep 19, 2024, on NSE SME Platform.
Excellent Wires and Packaging IPO valuation snapshot: P/E 48.48, EPS ₹1.86/-, P/B 5.66, RoNW 20.90%, and market cap N/A.
To apply for Excellent Wires and Packaging IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Excellent Wires and Packaging IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Excellent Wires and Packaging IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Excellent Wires and Packaging IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Excellent Wires and Packaging IPO allotment status on IPO Ji for quick and easy access.