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WOL 3D India Limited IPO (WOL 3D IPO) Detail

September 23, 2024 - September 25, 2024

WOL 3D IPO is a book built issue of Rs 25.56 crores. The issue is a combination of fresh issue of 14.52 lakh shares aggregating to Rs 21.78 crores and offer for sale of 2.52 lakh shares aggregating to Rs 3.78 crores.

WOL 3D IPO bidding started from September 23, 2024 and ended on September 25, 2024. The allotment for WOL 3D IPO was finalized on Thursday, September 26, 2024. The shares got listed on NSE SME on September 30, 2024.

WOL 3D IPO price band is set at ₹142 to ₹150 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹150,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹300,000.

Hem Securities Limited is the book running lead manager of the WOL 3D IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for WOL 3D IPO is Hem Finlease.

Refer to WOL 3D IPO RHP for detailed information.

WOL 3D IPO Details

IPO Date September 23, 2024 to September 25, 2024
Listing Date September 30, 2024
Face Value ₹10 per share
Price Band ₹142 to ₹150 per share
Lot Size 1000 Shares
Total Issue Size1,704,000 shares
(aggregating up to ₹25.56 Cr)
Fresh Issue1,452,000 shares
(aggregating up to ₹21.78 Cr)
Offer for Sale252,000 shares of ₹10
(aggregating up to ₹3.78 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue5,000,000
Share holding post issue6,452,000
Market Maker portion88,000 shares
Hem Finlease

WOL 3D IPO Reservation

WOL 3D IPO offers 17,04,000 shares. 3,23,000 (18.96%) to QIB, 2,43,000 (14.26%) to NII, 5,66,000 (33.22%) to RII and 4,84,000 (28.4%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered4,84,000 (28.4%)
Market Maker Shares Offered88,000 (5.16%)
QIB Shares Offered3,23,000 (18.96%)
NII (HNI) Shares Offered2,43,000 (14.26%)
Retail Shares Offered5,66,000 (33.22%)
Total Shares Offered17,04,000 (100%)

WOL 3D IPO Anchor Investors Details

WOL 3D IPO raises Rs 7.26 crore from anchor investors. WOL 3D IPO Anchor bid date is September 20, 2024. WOL 3D IPO Anchor Investors list

Bid Date September 20, 2024
Shares Offered 484,000
Anchor Portion Size (In Cr.) 7.26
Anchor lock-in period end date for 50% shares (30 Days) October 26, 2024
Anchor lock-in period end date for remaining shares (90 Days) December 25, 2024

WOL 3D IPO Timeline (Tentative Schedule)

WOL 3D IPO opens on September 23, 2024, and closes on September 25, 2024.

IPO Open Date Monday, September 23, 2024
IPO Close Date Wednesday, September 25, 2024
Basis of Allotment Thursday, September 26, 2024
Initiation of Refunds Friday, September 27, 2024
Credit of Shares to Demat Friday, September 27, 2024
Listing Date Monday, September 30, 2024
Cut-off time for UPI mandate confirmation 5 PM on September 25, 2024

WOL 3D IPO Lot Size

Investors can bid for a minimum of 1000 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 1000 ₹150,000
Retail (Max) 1 1000 ₹150,000
HNI (Min) 2 2,000 ₹300,000
Lot Size Calculator

WOL 3D IPO Promoter Holding

The promoters of the Company are Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain and Swati Pradeep Jain.

Share Holding Pre Issue 89.53%
Share Holding Post Issue 65.48%

About WOL 3D India Limited

Incorporated in November 1988, WOL 3D India Limited provides 3D Printing solutions, which enable easier prototyping and finding applications in various sectors, such as manufacturing, education, engineering, architecture, interior design, fashion design, product design, medical, and dental.

The product portfolio of the company includes

  1. Hardware like: 3D printers, 3D Scanners, Laser Engravers and 3D pens
  2. Consumables like 3D Filaments, 3D Resins,
  3. 3D Prototyping services and
  4. Other services.

The company manufactures 3D filaments for additive manufacturing using ABS and PLA plastics. It offers a range of products at various price points and provides prototyping services using FDM, SLA, and SLS technology, including CAD/CAM modeling, reverse engineering, and vacuum casting.

The company has four branch offices in Delhi, Hyderabad, Bangalore, and Mumbai and five franchise offices in Pune, Chennai, Coimbatore, Rajkot, and Nagarcoil.

The company's manufacturing facility in Bhiwandi, Maharashtra focuses on producing filaments for 3D Printing solutions and holds ISO 9001:2015, ROHS, CE, and BIS Certifications.

The company sells its products through e-commerce platforms such as Flipkart India Private Limited, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix, and Amazon Seller Services Private Limited or through retail chain outlets like CROMA and Crosswords.

Competitive Strength

  • India-based brand offering 3D printers, scanners, engravers, pens, filaments, resins, and prototyping services.
  • Dedicated after-sales network to provide excellent customer support and ensure the success and satisfaction of our 3D printing customers.
  • Consistent focus on quality
  • Established filament manufacturing capability for efficient backward integration

As of August 31, 2024, the company had 77 employees.

Company Financials

WOL 3D India Limited Financial Information (Restated)

WOL 3D India Limited's revenue increased by 69% and profit after tax (PAT) rose by 109% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,456.271,390.881,002.62671.94
Revenue4,001.432,371.322,037.031,683.9
Profit After Tax503.3240.5684.4288.03
Net Worth1,061.22566.8326.25241.83
Reserves and Surplus761.22266.8226.25141.83
Total Borrowing572.6678.98509.78336.75
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of WOL 3D IPO is Rs 96.78 Cr.

KPI as of March 31, 2024.

KPI Values
ROE61.83%
ROCE42.50%
Debt/Equity0.54
RoNW47.43%
P/BV7.07
PAT Margin (%)12.71
Pre IPO Post IPO
EPS (Rs) 10.077.8
P/E (x) 14.919.23
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.

Objects of the Issue (WOL 3D IPO Objectives)

The Company proposes to utilize the funds which are being raised through the Fresh Issue towards funding the following objects:

  1. Repayment in full or in part, of certain of the outstanding borrowings;
  2. To meet Working Capital requirements; and
  3. General Corporate Purpose.

WOL 3D IPO Review (May apply)

[Dilip Davda]  The company is engaged in the business of providing 3D printing solutions along with related products/hardware. It marked growth in its top and bottom lines for the reported periods. Sudden boost in bottom lines for FY24 raise eyebrows and concern over its sustainability, as it is operating in a highly competitive and fragmented segment. Based on FY24 super earnings, the issue relatively appears fully priced. Small equity post IPO indicates longer gestation for migration. Well-informed investors may park moderate funds for long term. Read detail review...


WOL 3D IPO Subscription Status (Bidding Detail)

The WOL 3D IPO is subscribed 373.86 times on September 25, 2024 6:19:59 PM. The public issue subscribed 368.47 times in the retail category, 101.24 times in the QIB category, and 748.81 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB101.24
NII748.81
Retail368.47
Total373.86

Total Application : 208,553 (368.47 times)

WOL 3D IPO Prospectus

WOL 3D IPO Rating

2
5.0
Rating:Rated 5.0 stars
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WOL 3D IPO Listing Details

Listing Date September 30, 2024
BSE Script Code
NSE Symbol WOL3D
ISIN INE0OO201011
Final Issue Price ₹150 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹150.00
₹180.05
₹171.05
₹189.05
₹189.05

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WOL 3D India Limited Contact Details

WOL 3D India Limited
18, Ground Floor
Bombay Cotton Mill Estate, Dattaram Lad Marg
Kalachowky, Mumbai-400033
Phone: 022 23727396
Email: investor.relations@wol3d.com
Website: http://www.wol3d.com/

WOL 3D IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

WOL 3D IPO - Buy or Not

WOL 3D IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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WOL 3D IPO FAQs

WOL 3D IPO is a SME IPO of 1,704,000 equity shares of the face value of ₹10 aggregating up to ₹25.56 Crores. The issue is priced at ₹142 to ₹150 per share. The minimum order quantity is 1000 Shares.

The IPO opens on September 23, 2024, and closes on September 25, 2024.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in WOL 3D IPO using UPI as a payment gateway. Zerodha customers can apply in WOL 3D IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in WOL 3D IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'WOL 3D IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The WOL 3D IPO opens on September 23, 2024 and closes on September 25, 2024.

WOL 3D IPO lot size is 1000 Shares, and the minimum amount required is ₹150,000.

You can apply in WOL 3D 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 WOL 3D IPO will be done on Thursday, September 26, 2024, and the allotted shares will be credited to your demat account by Friday, September 27, 2024. Check the WOL 3D IPO allotment status.

The WOL 3D IPO listing date is on September 30, 2024.
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