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Excellent Wires and Packaging Ltd

Registered Office : Gala #.1 Jyoti Industrial Este,Vevoor(V) Ganesh Nagar Palghar,Palghar Maharashtra 401404 Phone : +91 98202 85767/8
Fax :

Email : info@excellentwiresandpackaging.com

Website : www.excellentwiresandpackaging.com

Initial public offering of up to 14,00,000 equity shares of Rs. 10 each ("Equity Shares") of Excellent Wires and Packaging Limited ("EWPL" or the "Company") for cash at a price of Rs. 90.00 per equity share (the "Offer Price"), aggregating to Rs. 12.60 crores ("The Offer"). Of the offer, 72,000 equity shares aggregating to Rs. 0.65 crores will be reserved for subcription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 13,28,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 90.00 per equity share aggregating to Rs. 11.95 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 31.32% and 29.71%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price of Rs. 90.00 is 9.00 times of the face value.

Issue

Opens On

Closes On

11-Sep-2024

13-Sep-2024

Money Payable On

Application

Allotment

90.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

11.60

12.60

4.47

90.00

Inventure Merchant Banker Services Pvt Ltd

Projects

Acquisition of Land and construction of building

Acquisition of Plant and Machinery

Funding additional working capital requirements

General corporate purposes

Promoted By

Bhavya Vasant Shah

Rachit Paresh Masalia

Darshil Hasmukh Shah

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd