IPO Issue Details
Issue Price / Price Band₹89 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size22,24,000 shares (aggregating up to ₹19.79 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 22 Jul 2019
Subscription CloseMon, 29 Jul 2019
Anchor AllotmentSun, 21 Jul 2019
Basis of AllotmentMon, 29 Jul 2019
Initiation of RefundsTue, 30 Jul 2019
Credit of Shares to DematWed, 31 Jul 2019
Listing DateTue, 06 Aug 2019
UPI Mandate Deadline2019-07-29
Application & Investment Details
Retail — Min (1 Lots)₹1,42,400 — 1,600 shares
Retail — Max (13 Lots)₹1,851,200 (13 Lots)
HNI — Min (2 Lots)₹2,84,800 — 3,200 shares
Net Offer to Public21,12,000 shares (aggregating up to ₹18.80 Cr)
Reserved for Market Maker1,12,000 shares (aggregating up to ₹0.9968 Cr)
Pre-IPO Promoter Holding76,00,000 shares
Post-IPO Promoter Holding83,75,500 shares
About Wonder Fibromats Ltd.
Incorporated in October 2009, Delhi based Wonder Fibromats Limited is engaged in manufacturing, supplying, designing of motors, home appliances, energy-efficient fans and allied equipment. The company manufactures and supplies products to many well-known companies to distribute under their brand name. It also has an in-house quality management lab and professional R&D team to maintain quality and market requirements. Under the supervision of the quality check (QC) department, a client-satisfaction cell reviews the clients' complaints.The main business of Wonder Fibromats is to manufacture exhaust, ceiling, pedestal and brushless DC (BLDC) fans in different attractive patterns, color and designs.Some of the products of the company also qualify for the quality standards of the Bureau of Indian Standards.Currently, the company has a manufacturing facility located at Raipur Industrial Area, Uttarakhand. It is also setting up a new manufacturing plant with the aim of 24,00,000 fans per annum production capacity in Hyderabad.The competitive strengths of the company are:1. Strong relationships with the customer base.2. Quality assurance3. Dedicated research and development team4. Backward integration
Objects of the Issue
Wonder Fibromats Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To finance the Expenditure towards Acquisition of Land, Site Development and Other Civil Work.
4.40
2
2 To Acquire the Plant & Machinery
2.90
3
3 To part finance the requirement of Incremental Working Capital
9.00
4
4 To meet General corporate purposes
2.36
5
5 To meet the expenses of the Issue
1.36
Shareholding & Lock-in
Pre-IPO Promoter Holding
76,00,000 shares
Post-IPO Promoter Holding
83,75,500 shares