Uravi T and Wedge Lamps Ltd IPO

Add to Calendar 1970-01-01 12:00 AM 1970-01-01 12:00 AM Asia/Kolkata Uravi T and Wedge Lamps Ltd IPO Uravi T and Wedge Lamps Ltd India

Uravi T and Wedge Lamps Limited, is a Mumbai based company that is engaged in manufacturing and distribution of lamps and other lighting products with focus on automotive lamps and instrument cluster lighting. They manufacture the Wedge based Lamps and Stop and Tail Lamps at both their Manufacturing Units i.e. at Bhiwandi (Maharashtra) and at Kathua (Jammu and Kashmir). Company is also an ISO/TS certified and hold certifications from the Automotive Research Association of India and E-mark for the products manufactured

Date of establishment :  Ridings Consulting Engineers India Limited was incorporated in 1995

Product & Service Offering: Company manufactures and distributes Stop and Tail Lamps /Signal Lamps /Indicator Lamps and Wedge Lamps for Two-wheelers, Four-wheelers, Tractors and Industrial applications

Promoters of Uravi T and Wedge Lamps Limited: Mr. Niraj Gada, Mr. Kaushik Gada, and Mr. Brijesh Aggarwal are the promoter of  Ridings Consulting Engineers India Limited

Customer segment: Major Indian Automobile companies are its target consumer


Objects of the Issue: The objects of the Offer is to:-
-     To meet Long-Term Working Capital Requirement
-     To meet General Corporate Purpose 

Company Financials:



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








Total Assets







Total Revenue







Profit After Tax







Issue Detail

  • Issue Open: Jan 01, 1970
  • Issue Close: Jan 01, 1970
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 100 Per Equity Share
  • Bid Lot:1200 Shares
  • Minimum Order Quantity:1200 Shares
  • Listing At: NSE SME
  • Issue Size: • Rs 15.00 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 710,400 710,400 - 79,200 1,500,000
Day 1 - Mar 16, 2018IST 0 289,200 64,800 - - 354,000
Day 2 - Mar 19, 2018IST 0 814,800 229,200 - - 1,044,000
Day 3 - Mar 20, 2018IST 34,800 975,600 697,200 - - 1,707,600

Listing Day Trading Information

Issue Price - -
Open - -
Low - -
High - -
Last Trade - -
Volume - -

Uravi T and Wedge Lamps Ltd Red Herring Prospectus

Uravi T and Wedge Lamps Ltd User Rating


Uravi T and Wedge Lamps Ltd Life IPO Reviews

Uravi T and Wedge Lamps Ltd 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


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