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Ultra Wiring Connectivity Systems Limited IPO

Add to Calendar 2018-10-12 12:00 AM 2018-10-17 12:00 AM Asia/Kolkata Ultra Wiring Connectivity Systems Limited IPO Ultra Wiring Connectivity Systems Limited India

Ultra Wiring Connectivity Systems is the prime producer of high fidelity Connectors in India. The Production unit is located at HSIDC Industrial Area, Faridabad. The manufacturing machinery components used for production are certified under Japanese Standard JASO - D 616-2011 & ISO - 8092.

Date of Incorporation: The company was incorporated initially as ‘Ultra Wiring Connectivity Systems Pvt. Ltd’ on 1st June 2005 at Haryana. Eventually, it was reformed to the public limited company under the name of ‘Ultra Wiring Connectivity Systems Limited’ on 27th February 2018.

Promoters of Ultra Wiring Connectivity Systems Limited: Mr Sanjay Mathur and Mrs Archana Mathur are the promoters of Ultra Wiring Connectivity Systems Limited.

Products and Services Offering: The company has multifarious coupler range that comprises of:

  • - C - 110 series

  • - C - 250 series

  • - C - 090 (Water Proof Couplers)

  • - C - 90 - R/T series

  • - Bulb Holders

  • - Miscellaneous (C - 50, C - 315, C - 350 series) etc

Customer Segments: The company supplies coupler to several automobile manufacturing companies consisting of TVS Motors, Tata Motors, Bajaj Auto Ltd and Maruti Udyog Ltd among various others.

Objects of Ultra Wiring Connectivity Systems Limited IPO: The core objects of this issue are:

  • - Plotting up of the New Unit in Faridabad, by introducing additional field for manufacturing of Blade Fuse.

  • - Finance Working Capital Needs.

  • - General Corporate Expenses.

  • - Issue Cost.

    Company Financials:

Summary of Financial Information (Restated)

Particulars

For the year/period ended (in Rs. Lakhs)


28-Feb-18

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

Total Assets

1,841.81

1,525.09

1,386.64

1,256.83

1,214.19

1,034.50

Total Revenue

1,626.78

1,518.20

1,393.77

1,234.12

1,125.91

1,106.29

Profit After Tax

104.21

74.83

56.54

39.93

27.46

43.16

Issue Detail

  • Issue Open: Oct 12, 2018
  • Issue Close: Oct 17, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 35 Per Equity Share
  • Bid Lot:4000 Shares
  • Minimum Order Quantity:4000 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 4.82 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 652,000 652,000 - - 1,304,000
Day 1 - Oct 12, 2018IST - 1.18x 0.21x - - 0.70x
Day 2 - Oct 15, 2018IST - 1.77x 0.45x - - 1.11x
Day 3 - Oct 19, 2018IST - 2.11x 1.76x - - 1.94x

Listing Day Trading Information

- BSE NSE
Issue Price - Rs 35.00
Open - Rs 33.10
Low - Rs 31.50
High - Rs 34.00
Last Trade - Rs 33.20
Volume - 200,000

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