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Ultra Wiring Connectivity IPO is a fixed price issue of Rs 4.82 crores.
Ultra Wiring Connectivity IPO bidding started from October 12, 2018 and ended on October 17, 2018. The shares got listed on NSE SME on October 26, 2018.
Ultra Wiring Connectivity IPO price is ₹35 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹140,000.
D And A Financial Services Private Ltd is the book running lead manager of the Ultra Wiring Connectivity IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Ultra Wiring Connectivity IPO RHP for detailed information.
| IPO Date | October 12, 2018 to October 17, 2018 |
| Listing Date | October 26, 2018 |
| Face Value | ₹10 per share |
| Price | ₹35 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 1,376,000 shares (aggregating up to ₹4.82 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 72,000 shares |
Ultra Wiring Connectivity IPO offers 1,376,000 shares. 652,000 (47.38%) to NII, 652,000 (47.38%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 72,000 (5.23%) |
| Other Shares Offered | 652,000 (47.38%) |
| Retail Shares Offered | 652,000 (47.38%) |
| Total Shares Offered | 1,376,000 (100%) |
Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹140,000 |
| Retail (Max) | 1 | 4000 | ₹140,000 |
| Lot Size Calculator | |||
Incorporated in 2005, Haryana based Ultra Wiring Connectivity Systems Ltd is a company engaged in the business of manufacturing of Couplers, Connectors and allied products for
automobiles.
The Company's Manufacturing Plant is situated at Faridabad near Delhi. The plant has the total capacity of 120-135 lakhs couplers per month. It owns a Godown in Pune and an under-construction unit in Faridabad.
Ultra Wiring supplies its manufactured Couplers to most of the automobile manufacturers in India including Tata Motors, Maruti Udyog, Bajaj Auto, TVS Motors and Kinetic Engg etc
.
The Connectors are supplied to many companies in Auto-industries such as Tata Yazaki Autocomp / Yazaki India
Ltd, Tyco Electronics, Minda Group of Industries, Lumax Group of Industries, Flem Industries. It is also exported to M/s Thai Summit Harmess, Thailand and Fujikura Automotive, Paraguay (SA).
The company has 77 employees on its payroll.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 28-Feb-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | |
| Total Assets | 1,841.81 | 1,525.09 | 1,386.64 | 1,256.83 | 1,214.19 | 1,034.50 |
| Total Revenue | 1,626.78 | 1,518.20 | 1,393.77 | 1,234.12 | 1,125.91 | 1,106.29 |
| Profit After Tax | 104.21 | 74.83 | 56.54 | 39.93 | 27.46 | 43.16 |
The objects of the Issue are-
1. For Setting up of New Unit by setting up a parallel production line for the manufacture of Connector and New Line for manufacturing of Blade Fuse- Rs 301.92 lakhs
2. Working Capital requirements- Rs 120.00 lakhs
3. General Corporate Purposes and- Rs 19.68 lakhs
4. Issue Expenses- Rs 40 lakhs
[Dilip Davda]
This auto ancillary segment IPO, at a reasonable value and having growing financial performance, may be considered for long term investment.
Read detail review...The Ultra Wiring Connectivity IPO is subscribed 1.94 times on October 17, 2018 5:00:00 PM. The public issue subscribed 1.76 times in the retail category, times in the QIB category, and 2.11 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 2.11 |
| Retail | 1.76 |
| Total | 1.94 |
| Listing Date | October 26, 2018 |
| BSE Script Code | |
| NSE Symbol | UWCSL |
| ISIN | INE00F301010 |
| Final Issue Price | ₹35 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹35.00 |
| ₹33.10 |
| ₹31.50 |
| ₹34.00 |
| ₹33.20 |
Ultra Wiring Connectivity Systems Limited
Plot No. 287, 287-A&B
Sector-59, HSIDC Industrial Estate,
Ballabgarh, Faridabad-121004
Phone: 91-129-4000362
Email: info@ultrawiring.com
Website: http://www.ultrawiring.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Ultra Wiring Connectivity IPO is a SME IPO of 1,376,000 equity shares of the face value of ₹10 aggregating up to ₹4.82 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 4000 Shares.
The IPO opens on October 12, 2018, and closes on October 17, 2018.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Ultra Wiring Connectivity IPO opens on October 12, 2018 and closes on October 17, 2018.
Ultra Wiring Connectivity IPO lot size is 4000 Shares, and the minimum amount required is ₹140,000.
You can apply in Ultra Wiring Connectivity 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Ultra Wiring Connectivity IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ultra Wiring Connectivity IPO allotment status.
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