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Ultra Wiring Connectivity IPO is a fixed price issue of ₹4.82 crores. The issue is entirely a fresh issue of 0.14 crore shares of ₹4.82 crore.
Ultra Wiring Connectivity IPO bidding started from Oct 12, 2018 and ended on Oct 17, 2018. The shares got listed on NSE SME on Oct 26, 2018.
Ultra Wiring Connectivity IPO price is ₹35.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an individual investor (retail) is ₹1,40,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,80,000.
D&A Financial Services Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is K.K.Securities Ltd..
Refer to Ultra Wiring Connectivity IPO RHP for detailed Information.
| IPO Date | October 12, 2018 to October 17, 2018 |
| Listing Date | October 26, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹35 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 13,76,000 shares (aggregating up to ₹4.82 Cr) |
| Reserved for Market Maker | 72,000 shares K.K.Securities Ltd. (aggregating up to ₹0.2520 Cr) |
| Net Offered to Public | 13,04,000 shares (aggregating up to ₹4.56 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 38,27,571 shares |
| Share Holding Post Issue | 52,03,571 shares |
Ultra Wiring Connectivity IPO offers total 13,76,000 shares. Out of which 6,52,000 (47.38%) allocated to NII, 6,52,000 (47.38%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 72,000 (5.23%) |
| NII (HNI) Shares Offered | 6,52,000 (47.38%) |
| Retail Shares Offered | 6,52,000 (47.38%) |
| Total Shares Offered | 13,76,000 (100.00%) |
Ultra Wiring Connectivity IPO opens on October 12, 2018, and closes on October 17, 2018.
| IPO Open Date | Fri, Oct 12, 2018 |
| IPO Close Date | Wed, Oct 17, 2018 |
| Tentative Listing Date | Fri, Oct 26, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Oct 17, 2018 |
Investors can bid for a minimum of 4,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹1,40,000 |
| Retail (Max) | 1 | 4,000 | ₹1,40,000 |
| HNI (Min) | 2 | 8,000 | ₹2,80,000 |
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.
| 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 Company Ultra Wiring Connectivity IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | For Construction & Setting up of New Unit at Plot No. 300, Sector 68, IMT, Faridabad, by setting up a parallel production line for manufacture of Connector and New Line for manufacturing of Blade Fuse | 3.02 |
| 2 | Working Capital Requirement | 1.20 |
| 3 | General Corporate Purposes | 0.20 |
| 4 | Issue Expenses | 0.40 |
[Dilip Davda] <p>This auto ancillary segment IPO, at a reasonable value and having growing financial performance, may be considered for long term investment.</p> Read detail review...
| Listing Date | October 26, 2018 |
| BSE Script Code | |
| NSE Symbol | UWCSL |
| ISIN | INE00F301010 |
| Final Issue Price | ₹35 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹33.10 |
| Low | ₹31.50 |
| High | ₹34.00 |
| Last Trade | ₹33.20 |
Ultra Wiring Connectivity System Ltd.
Plot No. 287, 287-A&B
Sector-59, HSIDC Industrial Estate
Ballabgarh
Faridabad, Haryana, 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: https://ipo.bigshareonline.com/IPO_Status.html
Ultra Wiring Connectivity IPO is a SME IPO of 13,76,000 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.
The IPO opens on October 12, 2018, and closes on October 17, 2018.
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 Ultra Wiring Connectivity IPO using UPI as a payment gateway. Zerodha customers can apply in Ultra Wiring Connectivity IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ultra Wiring Connectivity IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ultra Wiring Connectivity IPO opens on October 12, 2018 and closes on October 17, 2018.
Ultra Wiring Connectivity IPO lot size is 4000, and the minimum amount required for application is ₹1,40,000.
You can apply in Ultra Wiring Connectivity IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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.
The Ultra Wiring Connectivity IPO listing date is on Friday, October 26, 2018.
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