Ultra Wiring Connectivity Systems Limited IPO

Ultra Wiring Connectivity Systems Limited

Issue Open

Oct 12, 2018

Price Band

₹ 35

Issue Size

₹ 4.82 Cr

Credit of Shares to Demat

-

Issue Close

Oct 17, 2018

Bid Lot

4000

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

4000

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Oct 26, 2018

Refunds

-

About the company:

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

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