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.
The promoters of the company are Sanjay Mathur and Archana Mathur.
| 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
| Issue Open | Oct 12, 2018 - Oct 17, 2018 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 1,376,000 Eq Shares of Rs 10 (aggregating up to Rs 4.82 Cr) |
| Face Value | Rs 10 Per Equity Share |
| Issue Price | Rs 35 Per Equity Share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
No. of Times Issue Subscribed (BSE + NSE) | |||||||
|---|---|---|---|---|---|---|---|
As on Date & Time | |||||||
Shares Offered | 652,000 | 652,000 | 1,304,000 | ||||
Oct 17, 2018 17:00 | 2.11x | 1.76x | 1.94x | ||||
60 4.2 Rating:  Vote Here ... |
Bigshare Services Pvt. Ltd » Report
Bigshare Services Pvt Ltd E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai - 400 072
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
|
Reply
1
|
|
|
|
|
IPO Mentor (600+ Posts, 200+ Likes)
Top Contributor (200+ Posts)