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Wardwizard is engaged in the business of manufacturing electric vehicles and smart technology-based electronic appliances. The company's electric vehicle segment is under the brand name "Joy E-Bikes" and the electronic appliances are under the brand name "Vyom". Wardwizard is the first-ever BSE-listed company in the EV segment.
Joy E-Bikes is one of the leading brands in the electric vehicle segment of 2 Wheelers with 9 different models varying from low-speed scooters to high-speed bikes. The company is contemplating reducing its concentration in Vyom products and has accordingly reduced focus in this segment. Vyom Products are proposed to be sold by the Promoter, Wardwizard Solutions India Private Limited.
The company's manufacturing plants can produce more than 4 lakhs units per year in full capacity in 3 shifts. The company has more than 2000+ dealership/distributors touchpoints across Pan India.
Issue Open | Feb 7, 2022 - Mar 8, 2022 |
Security Name | Wardwizard Innovations and Mobility Limited |
Issue Size (Shares) | 0.60 Crores |
Issue Size (Amount) | ₹48.89 Crores |
Issue Price | ₹82 per share |
Face Value | ₹1 per share |
Minimum Lot size | |
Market Lot | 1 per share |
Listing At | BSE |
Terms of Payment | 50% of the Issue Price i.e. Rs. 41/- per Rights Equity Share shall be payable at the time of application and the balance of 50% of the Issue Price i.e. Rs. 41/- per Rights Equity Share shall be payable in one or more subsequent calls as determined by the Board from time to time. |
Entitlement | 3 Rights Equity Shares for every 2 fully paid-up Equity Shares held on the Record Date |
Bid/Offer Opens On | Feb 7, 2022 |
Bid/Offer Closes On | Mar 8, 2022 |
Record Date | Jan 22, 2022 |
Deemed Date of Allotment | Feb 28, 2022 |
Renunciation of Rights Entitlements | Feb 14, 2022 |
Particulars | For the year/period ended (Rs.in Millions) | ||
---|---|---|---|
31-Mar-21 | 31-Mar-20 | ||
Total Assets | 380.59 | 114.17 | |
Total Income | 393.64 | 2.05 | |
Profit After Tax | 18.72 | -9.10 |
21st Feb 2022
The last date for recipt of Rights Issue Applications forms is extended upto Mon, Feb 28, 2022.
Wardwizard Innovations and Mobility Limited
No. 401, Floor-4, 23/25,
Dhun Building Janmabhoomi, Marg, Horniman Circle,
Mumbai - 400001, Maharashtra
Phone: +91 022 –22024366
Email: compliance@wardwizard.in
Website: https://wardwizard.in/
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com
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