| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹12.60 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹12.60 Cr |
| Fresh Issue | ₹11.95 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน90.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | EXCELLENT |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,600 shares and in multiples thereof
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 following
The 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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Acquisition of Land and construction of Building | 5.78 |
| 2 | Acquisition of Plant & Machineries | 2.00 |
| 3 | Funding additional working capital requirements | 1.50 |
| 4 | General Corporate Purposes | 2.32 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 7.05 | 3.25 | 2.43 |
| Total Income | 15.41 | 14.48 | 7.29 |
| Profit After Tax | 0.83 | 0.10 | 0.05 |
| NET Worth | 3.97 | 0.17 | 0.07 |
| Reserves and Surplus | 3.62 | 0.15 | 0.05 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| RoNW | 20.90% |
| PAT Margin | 148.39% |
| Price to Book Value | 5.66 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.70 | 1.86 |
| P/E (x) | 33.3 | 48.48 |
| Promoter Holding | 91.9% | 63.11% |
| Market Cap | โน40.23 Cr. | |