Excellent Wires and Packaging Limited started their business in April 2012 in the name of Perfect Wire Industries, Partnership Firm, as a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of ‘Excellent’. The Company also manufacture packaging products like PP Strapping Rolls and BOPP Self Adhesive Tapes. It supply products to various industries viz. Packaging, Engineering, Stationery, Imitation Jewellry, Wires & Cable etc.
Excellent Wires and Packaging IPO open date is September 11, 2024 and the IPO will close on September 13, 2024. Excellent Wires and Packaging is a Fixed Price Issue. The company to raise around ₹12.60 crores via IPO that comprises fresh issue of ₹12.60 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Excellent Wires and Packaging IPO price band is ₹90. The retail quota is 50%, QIB is [.]%, and HNI is 50%. Excellent Wires and Packaging IPO to list on NSE on September 18, 2024. The allotment of Excellent Wires and Packaging IPO date is September 16, 2024. The company reported revenue of ₹15.41 crores in 2024 against ₹14.48 crore in 2023. The company reported profit of ₹0.83 crores in 2024 against loss of ₹0.10 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Excellent Wires and Packaging Ltd IPO Dates
Excellent Wires and Packaging Ltd IPO opens on 11-Sep-2024, and closes on 13-Sep-2024. The Excellent Wires and Packaging Ltd IPO bid date is from 11-Sep-2024 to 13-Sep-2024. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Excellent Wires and Packaging Ltd IPO Opening Date | 11-Sep-2024 |
| Excellent Wires and Packaging Ltd IPO Closing Date | 13-Sep-2024 |
| Basis of Allotment | 17-Sep-2024 |
| Initiation of Refunds | 18-Sep-2024 |
| Credit of Shares to Demat | 18-Sep-2024 |
| Excellent Wires and Packaging Ltd IPO Listing Date | 19-Sep-2024 |
Excellent Wires and Packaging Ltd IPO Details
| IPO Date | 11-Sep-2024 to 13-Sep-2024 |
| IPO Face Value | Shares of ₹10 per share |
| IPO Price | ₹90 per share |
| IPO Lot Size | 1600 |
| Issue Size | ₹12.60 Cr |
| Fresh Issue | ₹12.60 Cr |
| Issue Type | Fixed Price – SME |
| Listing At | NSE – SME |
Excellent Wires and Packaging Ltd IPO Lot Size
Excellent Wires and Packaging Ltd IPO lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or 144000).
| Application | Lots | Shares | Amount |
| Minimum | 1 | 1600 | ₹144000 |
| Maximum | 1 | 1600 | ₹144000 |
