Wonder Fibromats Limited IPO

Add to Calendar 2019-07-22 12:00 AM 2019-07-24 12:00 AM Asia/Kolkata Wonder Fibromats Limited IPO Wonder Fibromats Limited India

Company info: Wonder Fibromats Limited company's main business is manufacturing of Ceiling, Exhaust, pedestal and brushless DC fans in variations.

Wonder Fibromats Limited is also involved in the manufacturing, supplying & designing of home appliances, motors, energy-efficient fans and allied equipment. The products of the company are manufactured and supplied to various companies and distributed under their brand name. 

Date of incorporation: The Company was incorporated in October 2009, Delhi.

Promoters of the company: The Promoters of the company are Mr. Harsh Kumar Anand, Mr. Yogesh Anand & Mr. Yogesh Sahni

Strengths of the company: 

  1. Assured Quality

  2. Powerful research & development team

  3. Strong relationship with their customers

Objective of the company:

  1. To meet working capital Requirement 

  2. General Corporate Purposes

  3. To meet the Issue Expenses

  4. Acquire Plant & Machinery

  5. Finance the Expenditure towards Acquisition of Land, Site Development and Other Civil Work

Company Financials:





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Issue Detail

  • Issue Open: Jul 22, 2019
  • Issue Close: Jul 24, 2019
  • Issue Type: Fixed Priced IPO
  • Face Value: Rs 10 per equity share
  • Price Band: Rs 90
  • Bid Lot:1600 Shares
  • Minimum Order Quantity:1600 Shares
  • Listing At: NSE SME
  • Issue Size: • 2,224,000 Eq Shares

Current Bidding Status

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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


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