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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
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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
| IPO Date | Oct 12, 2018 to Oct 17, 2018 |
| Listing Date | Friday, October 26, 2018 |
| Face Value | ₹10 per share |
| Price | ₹35 per share |
| Lot Size | 4000 Shares |
| Issue Size | 1,376,000 shares of ₹10 (aggregating up to ₹4.82 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The promoters of the company are Sanjay Mathur and Archana Mathur. |
The Ultra Wiring Connectivity IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹140,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹140,000 |
| Retail (Max) | 1 | 4000 | ₹140,000 |
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 Oct 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) |
|---|---|
| NII | 2.11 |
| Retail | 1.76 |
| Total | 1.94 |
| Listing Date | Friday, October 26, 2018 |
| BSE Script Code | |
| NSE Symbol | UWCSL |
| Listing In | |
| ISIN | INE00F301010 |
| IPO Price | ₹35 per share |
| Face Value | ₹10 per share |
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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: http://www.bigshareonline.com
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
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 Oct 12, 2018, and closes on Oct 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 Oct 12, 2018 and closes on Oct 17, 2018.
Ultra Wiring Connectivity IPO lot size is 4000 Shares and the minimum order quantity is .
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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