IPO Details

Excellent Wires and Packaging Ltd
Registered Office: Gala #.1 Jyoti Industrial Este,Vevoor(V) Ganesh Nagar Palghar,Palghar-401404, Maharashtra
Tel. No: +91 98202 85767/8
Fax No:
Email: info@excellentwiresandpackaging.com
Website: www.excellentwiresandpackaging.com
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.

	Issue	Money Payable On
Opens On	Closes On	Application	Allotment
11-Sep-2024	13-Sep-2024	₹90.00 - 0.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 1600	Further Multiples of : 1600

	(₹ 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
Issue Price	90.00

Projects
Acquisition of Land and construction of building
Acquisition of Plant and Machinery
Funding additional working capital requirements
General corporate purposes

Promoted By
Bhavya Vasant Shah
Rachit Paresh Masalia
Darshil Hasmukh Shah

Listing At
NSE - SME

Registrar To The Issue
Bigshare Services Pvt Ltd