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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:

 


Particulars

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

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

3,047.76

3,312.90

3,297.58

3,196.83

3,047.74

 

Total Revenue

2,916.32

2,959.67

2,735.65

2,584.96

2,328.33

 

Profit After Tax

104.90

93.65

82.55

57.81

72.68

 

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

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