Excellent Wires and Packaging SME IPO Details, Financials, Valuation & Peers

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Get everything you need to know about the Excellent Wires and Packaging IPO. Explore Excellent Wires and Packaging IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.

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Status
Listed
Biding Dates
11 Sep - 13 Sep 2024
Price Range
₹90
Issue Size
₹12.60 crore
Listed Price
₹85-5.56%

Overview

Excellent Wires and Packaging Limited, originally established as Perfect Wire Industries in April 2012, is a manufacturer of a diverse range of wire products. These include Spring Steel Wire, High Carbon Wire, Galvanized Wire (GI Wire), Round and Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Baling Wires, and a variety of Wire Ropes made of high carbon or stainless steel wire, with or without PVC coating. These products are marketed under the brand name Excellent. In addition, the company supplies packaging products such as PP Strapping Rolls and BOPP Self-Adhesive Tapes to its diverse clientele across industries such as packaging, engineering, stationery, imitation jewelry, wires & cables, and more.

Key Points:

  • Product Range: Manufactures a wide array of wire products, including Spring Steel Wire, High Carbon Wire, Galvanized Wire, Brass Wire, Stainless Steel Wire, and Wire Ropes, catering to various industries under the brand name "Excellent."
  • Packaging Products: In addition to wires, the company supplies packaging products like PP Strapping Rolls and BOPP Self-Adhesive Tapes, which are also sold under the "Excellent" brand.
  • Quality Assurance: Committed to stringent quality control, the company conducts thorough in-house and external lab tests at every stage of production, ensuring that products meet specified standards.
  • Strategic Expansion: Transitioned from a partnership firm to a corporate entity, absorbing all production facilities and assets. The company has streamlined operations by relocating and consolidating its manufacturing units, enhancing operational efficiency and reducing costs.
  • Broad Clientele: Serves a diverse range of industries, including packaging, engineering, stationery, imitation jewelry, and wires & cables, with a strong reputation for quality and reliability.

IPO Docs

Objects of the Issue

  • Acquisition of Land and construction of Building
  • Acquisition of Plant & Machineries
  • Funding additional Working capital requirements
  • General Corporate Purposes

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates11 Sep - 13 Sep 2024
IPO Price Band₹90 per share
Fresh Issue14,00,000 shares
Offer For SaleNIL
Total IPO Size₹12.60 crore
Face Value₹10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date11 Sep 2024
IPO Closing Date13 Sep 2024
Basis Of Allotment16 Sep 2024
Refunds17 Sep 2024
Demat Transfer17 Sep 2024
IPO Listing Date19 Sep 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202231st March 202331st March 2024
Total Income7.2914.4815.41
Total Expenses7.2214.3414.28
Net Profit/Loss0.050.100.83
NPM (*)0.650.725.39
Total Assets2.433.257.05
Total Liabilities2.363.083.08

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202231st March 202331st March 2024
EPS0.190.423.32
ROE (%)NANANA
ROCE (%)NANANA
RoNW70.8160.9620.90
D/E RatioNANANA
Current Ratio1.493.513.38
EBITDA MARGIN (%)2.272.899.48

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.

NameRevenueP/EEPSRoNWNAV
Excellent Wires and Packaging15.4127.113.3220.9015.90
Bedmutha Ind868.1436.596.2816.3437.38
KEI Ind8,153.1072.9864.4118.46348.88
Rajratan Global557.7654.3711.0015.8769.35

* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)0
Non-Institutional Investor (NII/HNI)8.75
Retail Individual Investor (RII)32
Total20.37

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

Bigshare Services Private Limited
Phone
: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

Company Promoters

  • BHAVYA VASANT SHAH
  • RACHIT PARESH MASALIA
  • DARSHIL HASMUKH SHAH

Lead Managers

  • Inventure Merchant Banker Services Private Limited

Company Address

Excellent Wires and Packaging Limited

Gala No. 1, Jyoti Industrial Estate, Vevoor Village, Ganesh Nagar, Palghar - E, Thane, Palghar - 401404, Maharashtra, India

Phone: +91 98202 85767

Email: info@excellentwiresandpackaging.com

Website: www.excellentwiresandpackaging.com

FAQs

  • What is the issue size of the Excellent Wires and Packaging SME IPO?
    The Excellent Wires and Packaging SME IPO has an issue size of ₹12.60 crore. This includes a fresh issue of 14,00,000 shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Excellent Wires and Packaging IPO?
    The price band for the Excellent Wires and Packaging IPO is ₹90 per share.
  • What are the bidding dates for the Excellent Wires and Packaging IPO?
    The Excellent Wires and Packaging IPO will open for bidding on 11 Sep 2024 and close on 13 Sep 2024.
  • What is the allotment date for the Excellent Wires and Packaging IPO?
    The allotment date for the Excellent Wires and Packaging IPO is 16 Sep 2024.
  • What is the listing date for the Excellent Wires and Packaging IPO?
    The listing date for the Excellent Wires and Packaging IPO is 19 Sep 2024.
  • What is the Excellent Wires and Packaging IPO grey market premium?
    The grey market premium (GMP) for the Excellent Wires and Packaging IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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