Issue Price
₹35
Per Share
GMP
NIL
Grey Market
Est. Listing
₹35
Expected Price
Min. Application
₹280,000
2 lots × 4000 shares
Incorporated in 2005, Haryana based Ultra Wiring Connectivity Systems Ltd is a company engaged in the business of manufacturing of Couplers, Connectors and allied products forautomobiles.The Company's Manufacturing Plant is situated at Faridabad near Delhi. The plant has the total capacity of 120-135 lakhs couplers per month. It owns a Godown in Pune and an under-construction unit in Faridabad.Ultra Wiring supplies its manufactured Couplers to most of the automobile manufacturers in India including Tata Motors, Maruti Udyog, Bajaj Auto, TVS Motors and Kinetic Engg etc.The Connectors are supplied to many companies in Auto-industries such as Tata Yazaki Autocomp / Yazaki IndiaLtd, Tyco Electronics, Minda Group of Industries, Lumax Group of Industries, Flem Industries. It is also exported to M/s Thai Summit Harmess, Thailand and Fujikura Automotive, Paraguay (SA).The company has 77 employees on its payroll.
Ultra Wiring Connectivity System 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 | — | ₹0.25 Cr | — |
| TOTAL | 1,376,000 | 100.00% | ₹4.82 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹140,000 |
| Retail (Max) | 13 | 52,000 | ₹1,820,000 |
| sNII (Min) | 14 | 56,000 | ₹1,960,000 |
| bNII (Min) | 68 | 272,000 | ₹9,520,000 |
| Particulars | 28-Feb-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 1626.78 | 1518.20 | 1393.77 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 104.21 | 74.83 | 56.54 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1841.81 | 1525.09 | 1386.64 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |