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Open
12 Oct 2018
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Close
17 Oct 2018
3
Allotment
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Listing
Fri, Oct 26, 2018
Price Band
₹35 per share
Issue Size
13,76,000 shares (agg. up to ₹5 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, Oct 26, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.53x |
Restated Financials (₹ Cr.)
| Period Ended | 31 May 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 18.62 | 18.45 | 15.25 | 13.84 |
| Total Income | 3.49 | 17.87 | 15.18 | 13.94 |
| Profit After Tax | 0.24 | 1.18 | 0.75 | 0.57 |
| NET Worth | 6.22 | 5.98 | 4.79 | 4.05 |
| Reserves and Surplus | 2.39 | 2.15 | 4.45 | 3.70 |
| Total Borrowing | 3.27 | 3.27 | 3.52 | 2.98 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Uravi T & Wedge Lamps Ltd. | SME | ₹15.00 Cr | ₹100 | null | ₹102.25 | +2.25% | ₹113.63 (-0.69%) |
| Sintercom India Ltd. | SME | ₹42.55 Cr | ₹65 | null | ₹78.00 | +20.00% | ₹78.11 (-2.57%) |
| Varroc Engineering Ltd. | Mainboard | ₹1,955.18 Cr | ₹967 | null | ₹1,037.35 | +7.28% | ₹648.20 (-1.51%) |
| Sandhar Technologies Ltd. | Mainboard | ₹512.48 Cr | ₹332 | null | ₹322.15 | -2.97% | ₹609.05 (-1.29%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
About Ultra Wiring Connectivity IPO
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 IndiaLtd, 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.+ Read More
Contact Details
Ultra Wiring Connectivity System Ltd. AddressPlot No.287, 287-A&BSector-59, HSIDC Industrial EstateBallabgarhFaridabad, Haryana, 12100491-129-4000362info@ultrawiring.comVisit Website