Excellent Wires and Packaging IPO

Excellent Wires and Packaging Ltd IPO: 14L shares worth ₹12.6 Cr to fund land, machinery, working capital, and corporate needs.

Important Details

Open Date : September 11, 2024 Close Date : September 13, 2024 Allotment Date: September 16, 2024 Listing Date: September 18, 2024

Important Details

IPO Price: INR 90 per share Lot Size: 1600 Shares Total Issue Size: INR 12.60 crores

Fundamental Analysis

Excellent Wires and Packaging IPO shows mixed performance: 1. Revenue: Steady growth observed. 2. Equity & Liabilities: Indicate growth & profitability. 3. EPS: Increased. 4. RoNW: Decreased, showing lower returns.

Peer Comparison

P/E Ratio & RoNW: Competitive vs. peers like Bedmutha, KEI, Rajratan Global. Revenue, EPS & NAV: Lags behind, reflecting a different market position.

Objective

Objective: Acquire land, construct facilities, purchase machinery, and fund working capital needs.

Risks And Challenges

Excellent Wires and Packaging IPO Risks: 1. Cost Overruns: Land, building, machinery. 2. Investment Delays: Execution risks. 3. Growth Challenges: Profitability with expanded capacities. 4. Raw Material Fluctuations: Financial stability impact.