Wonder Fibromats IPO description – Wonder Fibromats is engaged in production of ceiling fans, exhaust, pedestal and brushless DC (BLDC) fans. These fans is available in different designs, colours and have superior gloss finishes that add grace to the decor of the surroundings. The company also manufactures these fans as per specification of its clients which include well-known companies which sell under their own brands in India.
The company has state-of-the-art manufacturing facility which is strategically located at Khasra No. 105-106, Raipur Industrial Area, Bhagwanpur, Roorkee-247667. Wonder Fibromats is also in the process of setting up a new manufacturing facility in Hyderabad for an estimated production capacity of manufacturing 24,00,000 fans per annum presuming 300 operating days in a year and single Shift (12 Hours)-working basis.
As on 31 March 2019, the company had 673 permanent employees.
Wonder Fibromats promoters – Mr Harsh Kumar Anand, Mr Yogesh Anand and Mr Yogesh Sahni
Wonder Fibromats – Upcoming IPO details | |
Subscription Dates | 22 – 24 July 2019 (Extended to 29 July 2019) |
IPO Price band | INR90 per share (Changed to INR89 per share) |
Fresh issue | 2,224,000 shares (INR19.79 crore) |
Offer for sale | Nil |
Total IPO size | 2,224,000 shares (INR19.79 crore) |
Minimum bid (lot size) | 1,600 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | NSE SME platform |
Wonder Fibromats IPO: Use of funds
- Expenditure towards acquisition of Land, Site Development and Other Civil Work – INR4.40 crore
- Acquire plant & machinery – INR2.90 crore
- Working capital requirements – INR9.00 crore
- General corporate purposes – INR2.36 crore
- Issue Expenses – INR1.36 crore
Wonder Fibromats’ financial performance (in INR crore) | ||||||
FY2017 | FY2018 | FY2019 | ||||
Total revenue | 165.6 | 294.9 | 308.0 | |||
Total expenses | 155.2 | 282.1 | 297.2 | |||
Profit after tax | 5.1 | 8.0 | 6.1 |
Wonder Fibromats Contact Details
Wonder Fibromats LimitedÂ45, Okhla Industrial Estate
Phase-III
New Delhi 110020 Phone:Â +91 011 66058952
Email: [email protected]
Website:Â www.wonderfibromats.com
Wonder Fibromats IPO Subscription Details
Day | Subscription (no. of times) |
Day 1 |
0.23 |
Day 2 |
0.27 |
Day 3 |
0.72 |
Day 4 |
0.74 |
Day 5 |
1.10 |
Day 6 | 1.20 |
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Wonder Fibromats Valuation (For FY2019)
Earnings Per Share (EPS): INR9.98
Price/Earnings (P/E) ratio: 8.92
Return on Net Worth (RONW): 30.67%
Net Asset Value (NAV): INR32.53 per share
Registrar of Wonder Fibromats IPO
Karvy Fintech Private LimitedKarvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana Phone: +91 40 6716 2222Â
Fax:Â +91 40 2343 1551Â
Email: [email protected]
Website:Â www.karvycomputershare.com
Wonder Fibromats IPO Allotment Status
Wonder Fibromats IPO allotment status is now available on Karvy website. Click on this link to get allotment status.
Listing performance of Wonder Fibromats
IPO Opening Date: 22 July 2019
IPO Closing Date: 29 July 2019
Listing Date: 6 August 2019
Listing Price on NSE SME: INR93 per share (up 4.49% from IPO price)
Closing Price on NSE SME: INR89.05 per share (up 0.06% from IPO price)
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