1. Home
  2. IPO
  3. Title

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 - -
Open - -
Low - -
High - -
Last Trade - -
Volume - -

Ultra Wiring Connectivity Systems Limited Red Herring Prospectus

Ultra Wiring Connectivity Systems Limited User Rating

Votes
0

Ultra Wiring Connectivity Systems Limited Life IPO Reviews

View All Review

Ultra Wiring Connectivity Systems Limited IPO News & Updates

View All IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.

Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.

Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
View All FAQ

Latest IPO

  • Find out which all IPOs are going to hit the Stock Exchanges and probably providing an opportunity for investors to make money Read More>>

  • Investing in an IPO has always been a point of discussion amongst investors and with the recent increase in the number of companies going public, the discussion is catching more attention. While this article attempts to answer the question, let us start b Read More>>

  • Once you have invested in an IPO the next thing to concern yourself about is to have an exit strategy in order to maximize your gains. In order to have an efficient exit strategy, there are certain factors to take note on. This article will try to explain Read More>>

IPO Events Calendar

Go
Sun
Mon
Tues
Wed
Thu
Fri
Sat

IPO Updates on Facebook

Get the latest IPO updates on your Facebook feeds.
Click here to Join Us on Facebook.

Comments

Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us