Issue Price
₹90
Per Share
GMP
NIL
Grey Market
Est. Listing
₹90
Expected Price
Min. Application
₹288,000
2 lots × 1600 shares
Incorporated in March 2021, 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 categorised into the followingBrass Wires & ProductsSteel Wires & ProductsOther Products viz. Packaging ProductsThe 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 & Packaging Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 72,000 | — | ₹0.65 Cr | — |
| TOTAL | 1,400,000 | 100.00% | ₹12.60 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹144,000 |
| Retail (Max) | 13 | 20,800 | ₹1,872,000 |
| sNII (Min) | 14 | 22,400 | ₹2,016,000 |
| bNII (Min) | 68 | 108,800 | ₹9,792,000 |
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1540.82 | 1448.46 | 728.85 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 82.98 | 10.43 | 4.73 |
| Net Worth | 397.09 | 17.11 | 6.68 |
| Total Assets | 705.08 | 324.69 | 242.63 |
| Reserves & Surplus | 362.09 | 15.11 | 4.68 |
| Total Borrowings | N/A | N/A | N/A |