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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 ₹150.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,42,000 (1000 shares). The minimum lot size investment for 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 Date | September 23, 2024 to September 25, 2024 |
| Listing Date | September 30, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹142 to ₹150 per share |
| Issue Price Final | ₹150 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 17,04,000 shares (aggregating up to ₹25.56 Cr) |
| Reserved for Market Maker | 88,000 shares Hem Finlease Pvt.Ltd. (aggregating up to ₹1.32 Cr) |
| Fresh Issue (Ex Market Maker) | 13,64,000 shares (aggregating up to ₹20.46 Cr) |
| Offer for Sale | 2,52,000 shares of ₹10 (aggregating up to ₹3.78 Cr) |
| Net Offered to Public | 16,16,000 shares (aggregating up to ₹24.24 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 50,00,000 shares |
| Share Holding Post Issue | 64,52,000 shares |
WOL 3D IPO offers total 17,04,000 shares. Out of which 8,07,000 (47.36%) allocated to QIB, 3,23,000 (18.96%) allocated to QIB, 2,43,000 (14.26%) allocated to NII, 5,66,000 (33.22%) allocated to RII and 4,84,000 (28.40%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 88,000 (5.16%) |
| QIB Shares Offered | 8,07,000 (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 (14.26%) |
| Retail Shares Offered | 5,66,000 (33.22%) |
| Total Shares Offered | 17,04,000 (100.00%) |
WOL 3D India IPO raises ₹7.26 crore from anchor investors. WOL 3D India IPO Anchor bid date is September 20, 2024. WOL 3D India IPO Anchor Investors list
| Bid Date | September 20, 2024 |
| Shares Offered | 4,84,000 |
| 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 India IPO opens on September 23, 2024, and closes on September 25, 2024.
| IPO Open Date | Mon, Sep 23, 2024 |
| IPO Close Date | Wed, Sep 25, 2024 |
| Tentative Allotment | Thu, Sep 26, 2024 |
| Initiation of Refunds | Fri, Sep 27, 2024 |
| Credit of Shares to Demat | Fri, Sep 27, 2024 |
| Tentative Listing Date | Mon, Sep 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Sep 25, 2024 |
Investors can bid for a minimum of 1,000 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 | 1,000 | ₹1,50,000 |
| Retail (Max) | 1 | 1,000 | ₹1,50,000 |
| HNI (Min) | 2 | 2,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
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 Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 2,456.27 | 1,390.88 | 1,002.62 | 671.94 |
| Total Income | 4,001.43 | 2,371.32 | 2,037.03 | 1,683.9 |
| Profit After Tax | 503.3 | 240.56 | 84.42 | 88.03 |
| Net Worth | 1,061.22 | 566.8 | 326.25 | 241.83 |
| Reserves and Surplus | 761.22 | 266.8 | 226.25 | 141.83 |
| Total Borrowing | 572.6 | 678.98 | 509.78 | 336.75 |
| Amount in ₹ Lakhs | ||||
The market capitalization of WOL 3D India IPO is ₹96.78 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| 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 Rs | 10.07 | 7.80 |
| P/E (x) | 14.9 | 19.23 |
The Company proposes to utilize the funds which are being raised through the Fresh Issue towards funding the following objects:
[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...
| Listing Date | September 30, 2024 |
| BSE Script Code | |
| NSE Symbol | WOL3D |
| ISIN | INE0OO201011 |
| Final Issue Price | ₹150 per share |
| NSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹150.00 |
| Open | ₹180.05 |
| Low | ₹171.05 |
| High | ₹189.05 |
| Last Trade | ₹189.05 |
WOL 3D India Ltd.
18, Ground Floor
Bombay Cotton Mill Estate, Dattaram Lad Marg
Kalachowky
Mumbai, Maharashtra, 400033
Phone: 022 23727396
Email: investor.relations@wol3d.com
Website: http://www.wol3d.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
WOL 3D India IPO is a SME IPO of 17,04,000 equity shares of the face value of ₹10 aggregating up to ₹25.56 Crores. The issue is priced at ₹150 per share. The minimum order quantity is 1000.
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 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 September 23, 2024 and closes on September 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 Friday, September 27, 2024. Check the WOL 3D India IPO allotment status.
The WOL 3D India IPO listing date is on Monday, September 30, 2024.
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