IPO

Ultra Wiring Connectivity System Limited IPO

NSE SME

Offer Date: Oct 12, 2018 - Oct 17, 2018

₹ 280000 /8000 Shares
*Min Investment

12 Oct, 2018

Open Date

17 Oct, 2018

Close Date

24 Oct, 2018

Allotment Date

26 Oct, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 35/- Per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Fresh issue of 13,76,000 Equity Shares of Rs 10/- at a price of Rs 35/- per share aggregating to Rs 4.82 Cr
  • Listing at NSE SME
  • Lead Manager D&A Financial Services (P) Limited
  • Registrar Bigshare Services Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Ultra Wiring Connectivity System Limited IPO is an SME IPO, priced at Rs 35/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Oct 12, 2018 to Oct 17, 2018. The allotment is expected to be finalized on Oct 24, 2018, and the tentative listing date is Oct 26, 2018.


The registrar of the IPO is Bigshare Services Private Limited, and

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IPO Subscription Analysis And Details
Retail
11.00x
Total
25.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved6,52,0006,52,00013,04,000
Day 1 - 12-10-18
7,68,000 1.18 x1,40,000 0.21 x9,08,000 0.70 x
Day 2 - 15-10-18
11,56,000 1.77 x2,92,000 0.45 x14,48,000 1.11 x
Day 3 - 16-10-18
11,80,000 1.81 x4,60,000 0.71 x16,40,000 1.26 x
Day 4 - 17-10-18
13,76,000 2.11 x11,48,000 1.76 x25,24,000 1.94 x
Valuations
Earnings Per Share (EPS) Rs 2.28/-
P/E Ratio 15.35
RoNW 19.81%
Net Asset Value (NAV as on 31.03.18) Rs 20.74/-
IPO - Issue Objectives
1

For Setting up of New Unit at Plot No. 300, Sector 68, IMT, Faridabad, by setting up a parallel production line for manufacture of Connector and New Line for manufacturing of Blade Fuse. ( Rs 3.02 Cr )

2

Working Capital requirements. ( Rs 1.20 Cr )

3

General corporate purposes. ( Rs 0.20 Cr )

4

Issue Expenses. ( Rs 0.40 Cr )

IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Salebhai Internet Limited5.56NA- (172.01)%0.46
Infibeam Incorporation Limited4.25129.693.27%836.72