Newever Trade Wings Ltd IPO (Newever Trade Wings IPO) Detail

Sep 30, 2013 - Oct 3, 2013

Incorporated in 2012, Newever Trade Wings Ltd is currently engaged in the business of trading of iron & steel and other commodities. They are a multiproduct Iron & Steel trading company with a diverse product portfolio. They are also in the process of adding the agri-products, mainly various pulses, maize and barley etc. in their trading products portfolio.

The current portfolio of iron & steel products currently being traded by Company includes the following:

1. GI Wire
2. MS Angle
3. MS Round Cutting
4. Pig Iron
5. Steel Forge Bar
6. TMT Bar

Company's customer base include CMG Ductiles Limited, Ranisati Metal Industries, S.G. Strips Limited and TIF (Castings) Limited.

Company Promoters:

The Promoter of the Company is:

1. Dunhil Healthcare Private Limited

Objects of the Issue:

The objects of the Issue are:

1. Augmenting long term working capital and
2. Meeting Public Issue Expenses

Newever Trade Wings IPO Details

IPO Opening Date Sep 30, 2013
IPO Closing Date Oct 3, 2013
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹10 per equity share
Market Lot 10000 Shares
Min Order Quantity 10000 Shares
Listing At BSE SME
Issue Size6,320,000 Eq Shares of ₹10
(aggregating up to ₹6.32 Cr)

Newever Trade Wings IPO Lot Size

The Newever Trade Wings IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 10000 ₹100,000
Maximum 2 20000 ₹200,000

Newever Trade Wings IPO Prospectus

Newever Trade Wings IPO Rating

Rating:Rated 3.3 stars
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Newever Trade Wings IPO Listing Date

Listing Date Thursday, October 17, 2013
BSE Script Code 536644
NSE Symbol
Listing In MT Group of Securities
ISIN INE596O01010
IPO Price ₹10 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Newever Trade Wings Ltd
238B, A. J. C. Bose Road,
Unit 4B, Fourth Floor,
Kolkata - 700 020, West Bengal
Phone: +91 33 6501 6503

Newever Trade Wings IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Website: http://

Newever Trade Wings IPO Reviews / Ratings

Newever Trade Wings IPO FAQs

Newever Trade Wings IPO is a SME IPO of 6,320,000 equity shares of the face value of ₹10 aggregating up to ₹6.32 Crores. The issue is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares.

The IPO opens on Sep 30, 2013, and closes on Oct 3, 2013.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Newever Trade Wings IPO opens on Sep 30, 2013 and closes on Oct 3, 2013.

Newever Trade Wings IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

You can apply in Newever Trade Wings IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Newever Trade Wings IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Newever Trade Wings IPO allotment status.

The Newever Trade Wings IPO listing date is on Thursday, October 17, 2013.

Newever Trade Wings IPO Message Board

Ranked Members  Ranked Members



1. Dilip Davda |Oct 1, 2013 1:48:14 PM
This at par issue also not worth due to entry barrier and gloomy outlook

Dilip Davda
SEBI registered Research Analyst

Read my IPO Reviews