Bookbuilding IPO | ₹26 Cr | Listed at NSE SME | Mon, Sep 23, 2024 - Wed, Sep 25, 2024
WOL 3D India IPO is a book build issue of ₹25.56 crores. The issue is a combination of fresh issue of 0.15 crore shares aggregating to ₹21.78 crores and offer for sale of 0.03 crore shares aggregating to ₹3.78 crores.
WOL 3D India IPO bidding started from Sep 23, 2024 and ended on Sep 25, 2024. The allotment for WOL 3D India IPO was finalized on Sep 26, 2024. The shares got listed on NSE SME on Sep 30, 2024.
WOL 3D India IPO price band is set at ₹150 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,50,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹3,00,000.
Hem Securities 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 Hem Finlease Pvt.Ltd..
Refer to WOL 3D India IPO RHP for detailed Information.
IPO Open
Mon, Sep 23, 2024
IPO Close
Wed, Sep 25, 2024
Issue Price
₹150 per share
Market Cap (Pre-IPO)
₹96.78 Cr
| IPO Date | 23 to 25 Sep, 2024 |
| Listed on | Mon, Sep 30, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹142 to ₹150 |
| Issue Price | ₹150 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 17,04,000 shares (agg. up to ₹26 Cr) |
| Reserved for Market Maker | 88,000 shares Hem Finlease Pvt.Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 13,64,000 shares (agg. up to ₹20 Cr) |
| Offer for Sale | 2,52,000 shares of ₹10 (agg. up to ₹4 Cr) |
| Net Offered to Public | 16,16,000 shares (agg. up to ₹24 Cr) |
| Share Holding Pre Issue | 50,00,000 shares |
| Share Holding Post Issue | 64,52,000 shares |
| NSE Symbol | WOL3D |
| ISIN | INE0OO201011 |
WOL 3D India IPO comprises a total issue size of 17,04,000 shares. The net offer to the public is 16,16,000 shares, after excluding 88,000 shares allotted on a firm basis. Of the Net offer 8,07,000 (49.94%) are allocated to QIB, 2,43,000 (15.04%) allocated to NII 5,66,000 (35.02%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 8,07,000 | 49.94% | 47.36% |
| − Anchor Investor Shares Offered | 4,84,000 | 28.40% | |
| − QIB (Ex. Anchor) Shares Offered | 3,23,000 | 18.96% | |
| NII (HNI) Shares Offered | 2,43,000 | 15.04% | 14.26% |
| Retail Shares Offered | 5,66,000 | 35.02% | 33.22% |
| Firm Reservations | |||
| Market Maker Shares Offered | 88,000 | 5.16% | |
| Total Shares Offered | 17,04,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,50,000 |
| Retail (Max) | 1 | 1,000 | ₹1,50,000 |
| HNI (Min) | 2 | 2,000 | ₹3,00,000 |
WOL 3D India IPO raises ₹7.26 crore from anchor investors. WOL 3D India IPO Anchor bid date is September 20, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Sep 20, 2024 |
| Shares Offered | 4,84,000 |
| Anchor Portion (₹ Cr.) | 7.26 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Oct 26, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Dec 25, 2024 |
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
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
As of August 31, 2024, the company had 77 employees.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 24.56 | 13.91 | 10.03 | 6.72 |
| Total Income | 40.01 | 23.71 | 20.37 | 16.84 |
| Profit After Tax | 5.03 | 2.41 | 0.84 | 0.88 |
| NET Worth | 10.61 | 5.67 | 3.26 | 2.42 |
| Reserves and Surplus | 7.61 | 2.67 | 2.26 | 1.42 |
| Total Borrowing | 5.73 | 6.79 | 5.10 | 3.37 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment in full or in part, of certain of the outstanding borrowings; | 3.00 |
| 2 | To meet Working Capital requirements | 14.50 |
| 3 | General Corporate Purpose | 1.86 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 61.83% |
| ROCE | 42.50% |
| Debt/Equity | 0.54 |
| RoNW | 47.43% |
| PAT Margin | 12.71% |
| Price to Book Value | 7.07 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.07 | 7.80 |
| P/E (x) | 14.9 | 19.23 |
| Promoter Holding | 89.53% | 65.48% |
| Market Cap | ₹96.78 Cr. |
The WOL 3D IPO is subscribed 373.86 times on September 25, 2024 6:19:59 PM (Day 3). 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)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 101.24 | 3,23,000 | 3,26,99,000 |
| NII* | 748.81 | 2,43,000 | 18,19,61,000 |
| Retail | 368.47 | 5,66,000 | 20,85,53,000 |
| Total | 373.86 | 11,32,000 | 42,32,13,000 |
Total Application : 2,08,553
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees | 0.51 |
| 2 | Fees Payable to Registrar to the Offer | 0.03 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.05 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.11 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.01 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.09 |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | 2.04 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹150.00 |
| Open | ₹180.05 |
| Low | ₹171.05 |
| High | ₹189.05 |
| Last Trade | ₹189.05 |
Lead Manager Reports
WOL 3D India IPO is a SME IPO of 17,04,000 equity shares of the face value of ₹10 aggregating up to ₹26 Crores. The issue is priced at ₹150 per share. The minimum order quantity is 1000.
The IPO opens on Mon, Sep 23, 2024, and closes on Wed, Sep 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 India IPO using UPI as a payment gateway. Zerodha customers can apply in WOL 3D India IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in WOL 3D India IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The WOL 3D India IPO opens on Mon, Sep 23, 2024 and closes on Wed, Sep 25, 2024.
WOL 3D India IPO lot size is 1000, and the minimum amount required for application is ₹1,50,000.
You can apply in WOL 3D India 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 WOL 3D India IPO will be done on Thursday, September 26, 2024, and the allotted shares will be credited to your demat account by Fri, Sep 27, 2024. Check the WOL 3D India IPO allotment status.
The WOL 3D India IPO listing date is on Mon, Sep 30, 2024.
