Excellent Wires and Packaging Ltd
Registered Office:
Gala #.1 Jyoti Industrial Este,Vevoor(V) Ganesh Nagar Palghar,
Palghar
-
401404,
Phone : +91 98202 85767/8
Fax : NA
Initial public offering of up to 14,00,000 equity shares of (Rs) 10 each ("Equity Shares") of Excellent Wires and Packaging Limited ("EWPL" or the "Company") for cash at a price of (Rs) 90.00 per equity share (the "Offer Price"), aggregating to (Rs) 12.60 crores ("The Offer"). Of the offer, 72,000 equity shares aggregating to (Rs) 0.65 crores will be reserved for subcription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 13,28,000 equity shares of face value of (Rs) 10.00 each at an offer price of (Rs) 90.00 per equity share aggregating to (Rs) 11.95 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 31.32% and 29.71%, respectively of the post offer paid up equity share capital of the company.
The face value of the equity shares is (Rs) 10.00 each and the offer price of (Rs) 90.00 is 9.00 times of the face value.
Opens On
Closes On
Application
Allotment
11-Sep-24
13-Sep-24
90.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1600
Further Multiples of :
1600
(Rs.Cr)
Lead Managers to the Issue
Project Cost
11.60
Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer
12.60
Post Issue Equity Share Capital
4.47
Acquisition of Land and construction of building
Acquisition of Plant and Machinery
Funding additional working capital requirements
General corporate purposes
Bhavya Vasant Shah
Rachit Paresh Masalia
Darshil Hasmukh Shah