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Open
30 Sep to 3 Oct, 2013
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Close
30 Sep to 3 Oct, 2013
3
Allotment
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Listing
Thu, Oct 17, 2013
Price Band
₹10 per share
Issue Size
63,20,000 shares (agg. up to ₹6 Cr)
Lot Size
10,000 Shares
Listing Date
Thu, Oct 17, 2013
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.41x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Edynamics Solutions Ltd. | SME | ₹15.65 Cr | ₹25 | null | ₹26.65 | +6.60% | ₹3.22 (-4.73%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Additional Margin Requirements | 5.95 |
| 2 | Public Issue Expenses | 0.37 |
About Newever Trade Wings IPO
Incorporated in 2012, Newever Trade Wings Ltd is currently engaged in the business of trading of iron & steel and other commodities. They are a multiproduct Iron & Steel trading company with a diverse product portfolio. They are also in the process of adding the agri-products, mainly various pulses, maize and barley etc. in their trading products portfolio.The current portfolio of iron & steel products currently being traded by Company includes the following:1. GI Wire2. MS Angle3. MS Round Cutting4. Pig Iron5. Steel Forge Bar6. TMT BarCompany's customer base include CMG Ductiles Limited, Ranisati Metal Industries, S.G. Strips Limited and TIF (Castings) Limited.+ Read More
Contact Details
Newever Trade Wings Ltd. Address238B, A.J.C.Bose RoadUnit 4BFourth FloorKolkata, West Bengal, 700020+91 33 6501 6503info@newever.inVisit Website