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
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)|
|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
Oct 17, 2018 17:00
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