Excellent Wires And Packaging Limited was opened in March 2021. The company is known for manufacturing a huge variety of wire ropes as well as wires under the “Excellent” brand name. It includes High Carbon Wire, Steel Wire and other applications. The company finally opened Excellent Wires And Packaging IPO Allotment on 11th September 2024. The IPO has closed and now everyone wants to take a look at the www.excellentwiresandpackaging.com IPO Allotment Status.
It will provide information related to the allotted shares. Investors will have to wait a little bit more as the officials are going to do the finalisation of allotment on 16th September 2024. The market capitalization of the IPO is Rs. 40.32 Crores. With the help of the IPO, the company will fulfill objectives like purchasing essential machinery, providing funding to cover working capital expenses and more. Read the following article thoroughly and get updates on the GMP, Expected Listing Price and others.
Excellent Wires And Packaging IPO Allotment Status
The company has offered a fixed price issue whose costs revolve around Rs. 12.60 crores. It is an entirely fresh issue of 14 lakh shares. Bigshare Services Pvt Ltd is the registrar of the IPO. The company is doing well financially. Between 31st March 2023 to 31st March 2024, the revenue of the company has increased by 6%. Whereas, the Profit After Tax of the company got increased by 696%
Many people prefer GMP to know the expected listing price and whether they will get profit or loss. Since, the opening of the IPO and till now, the GMP of the Excellent Wires And Packaging IPO has remained zero. As a result, the expected listing price is Rs. 90/-. So, the loss and profit would be of 0%. It is advisable for readers to not get dependent on GMP as it tends to fluctuate timely.
www.excellentwiresandpackaging.com IPO Allotment Status: At a Glance
| Name of the IPO Company | Excellent Wires and Packaging Limited |
| Nam of the IPO Registrar | Bigshare Services Pvt Ltd |
| Price of the Shares | Rs. 90 per share |
| Issue Lot Size | 1600 shares |
| Type of the Issue | Fixed Price Issue IPO |
| Price Listing At | NSE SME |
| IPO Allotment Result Availability Status | Available Soon |
| IPO Allotment Result Availability Mode | Online Mode |
| Official Website | https://www.excellentwiresandpackaging.com/ |
Excellent Wires And Packaging IPO Allotment Subscription
The investors have subscribed to the Excellent Wires And Packaging IPO 19.85 times where the retail category subscribed 31.01 times and the NII category subscribed 8.69 times by 3rd September 2024. To get more details regarding the subscription, refer to the table attached below:
| Investor Category | Offered Shares | Shares bid for | Subscription (times) | Total Amount (Rs Cr.) |
| Market Maker | 72,000 | 72,000 | 1 | 0.65 |
| Non-Institutional Buyers | 6,64,000 | 57,71,200 | 9 | 51.94 |
| Retail Investors | 6,64,000 | 2,05,90,400 | 31 | 185.31 |
| Total | 13,28,000 | 2,63,61,600 | 19.85 Times | 237.25 Cr |
Excellent Wires And Packaging Limited IPO Allotment: Important Dates
| Events | Schedule |
| Opening Date of the IPO | 11th September 2024 |
| Closing Date of the IPO | 13th September 2024 |
| Basis of the IPO Allotment | 16th September 2024 |
| Initiation of Refund Process | 17th September 2024 |
| Share Crediting to the Demat Account | 17th September 2024 |
| Price Listing Date | 19th September 2024 |
How to check the Excellent Wires And Packaging IPO Allotment Status?
In the following section, readers will get information regarding the process using which applicants will be able to check the Excellent Wires And Packaging IPO Allotment Status. Follow the steps mentioned below carefully:
- Start the procedure by searching the official website of Bigshare using this link address: https://www.bigshareonline.com/
- The home page will open on the screen within a few seconds after searching the link.
- Start scrolling down the page and locate the IPO Allotment Status option.
- Click on the same option once and a new page will appear on the screen.
- Three server links will be attached there, tap any one of them to move the process further.
- The IPO Allotment Status section will be attached on the left side of the new page.
- Select the company along with the selection type i.e., Application Number/ CAF Number, Beneficiary ID or PAN Number.
- Move the details according to the choice made in the previous stage and enter the captcha code.
- Go through the entered details and tap the search option available at the end.
- The IPO Allotment Status will finally open on the respective device.
Excellent Wires And Packaging IPO Allotment Status: Important Links
| Go to the Official Website | Excellent Wires and Packaging Limited Website Link |
| Check Out the IPO Allotment Status | Available Soon |
| Read the DRHP | Excellent Wires And Packaging IPO Allotment DRHP |
| Get more updates on | SVU News, Home Page |
Frequently Asked Questions
When will the officials release the Excellent Wires And Packaging IPO Allotment Status?
The IPO Allotment Status can be checked on 16th September 2024.
When will the www.excellentwiresandpackaging.com IPO Price Listing take place?
The price listing will take place on 19th September 2024.
