Business Standard

Ultra Wiring Connectivity Systems Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

4.82 cr

Price Range (₹)

35

Lot Size

4000

Min Investment (₹)

1,40,000.00

Listing Exchange

NSE - SME

Open Date

12-Oct-2018

Close Date

17-Oct-2018

Listing Date

26-Oct-2018

Ultra Wiring Connectivity Systems Ltd News

    The Shares of Ultra Wiring Connectivity Systems Ltd have now been listed.

    Ultra Wiring Connectivity Systems Ltd IPO Details

    Public issue of 13,76,000 equity shares of face value of Rs.10 each fully paid up of Ultra Wiring Connectivity Systems Limited (ultra or the company or the issuer) for cash at a price of Rs. 35 per equity share (the issue price) (including a share premium of Rs. 25 per equity share) aggregating to Rs. 4.82 Crores (the issue) by the company, of which 72,000 equity shares of Rs. 35/-each full paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 13,04,000 equity shares of Rs. 35 each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.44 % and 25.06 % respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs.10 each. The issue price is Rs. 35The issue price is 3.5 times the face value.

    Objective of issue

    For Construction & Setting up of New unit at Plot No 300 Sector 68 IMT Faridabad by setting up a parallel production line for manufacture of connerctor and new line for manufacturing of Blade Fuse. Working Capital Requirements. General Corporate Purposes.

    Ultra Wiring Connectivity Systems Ltd Contact Details

    Ultra Wiring Connectivity Systems Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - info@ultrawiring.com

    Website - www.ultrawiring.com