In this article, we will discuss in detail the Wonder Fibromats Financial IPO dates, size, allotment status, Wonder Fibromats Financial IPO subscription, grey market premium, and its company’s financial status that will help you to conclude whether you should invest or subscribe for this IPO or not.
| Open Date | July 22, 2019 |
| Close Date | July 24, 2019 |
| IPO Price Band | – |
| Face Value | Rs. 10 |
| No. of Shares | 22,51,200 |
| Share Price | Rs. 90 |
| Share premium | Rs. 80 |
| IPO Size | Rs. 2,001.60 lakhs |
Summary – Wonder Fibromats Limited
The Company is engaged in the manufacturing of ceiling fans, exhaust, pedestals, and brushless DC. All the parts & components of the fans are tested stringently at the in-house quality management lab for their flawless performance.
They are a fully integrated end-to-end product and solution suite to the original provide start-to-end solutions for fan sellers including sourcing, manufacturing, quality testing, and packaging.
The Promoters of this company are Mr. Yogesh Anand and Mr. Harsh Kumar Anand. The lead manager to the issue is Navigant Corporate Advisors Limited and the Registrar to this issue is Karvy Fintech Private Limited.
Wonder Fibromats IPO Review
- They have achieved a CAGR of 59.97% in the Total revenue of the Company of Rs. 29,486.85 Lacs in the fiscal ended March 31, 2018, and in the fiscal ended March 31, 2017, a CAGR of 51.65% in Total revenue of the Company of Rs. 16564.89 Lacs. Similarly, they have achieved a CAGR of 90.78% in a Total of 13741.19 Lacs in fiscal 2016.
- The Net worth of the company as on March 31, 2018, is Rs. 1,362.77 Lacs as per the Restated Financial Statement.
- The other income mainly consisting of interest income has been increased from Rs. 1.94 Lakhs to Rs. 115.63 Lakhs from the FY 2016-17 to FY 2017-18.
- Profit after tax has increased by 56.5% from Rs. 509.16 Lakhs in Financial Year 2016-17 to Rs. 797.30 Lakhs in the financial year 2017-18. The profit after tax increased by 210.9% from Rs. 163.73 Lakhs in Financial Year 2015-16 to Rs. 509.16 Lakhs in the financial year 2016-17 mainly due to the increase in other expenses.
Wonder Fibromats IPO Date
The opening and closing date of Wonder Fibromats IPO is from July 22, 2019, to July 24, 2019.
Wonder Fibromats IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – July 22 | 0.45x | 0.01x | 0.23x |
| 2nd Day – July 23 | 0.53x | 0.03x | 0.28x |
| 3rd Day – July 24 | 1.38x | 0.15x | 0.76x |
| 4th Day – July 25 | 1.41x | 0.15x | 0.78x |
| 5th Day – July 26 | 2.17x | 0.15x | 1.16x |
| 6th Day – July 29 | 2.17x | 0.16x | 0.17x |
| Shares Offered or Net Issue | 1,056,000 | 1,056,000 | 2,112,000 |
The shares subscribed by the public will be updated here.
Wonder Fibromats IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
| Basis of Allotment Finalization | 29-Jul-19 |
| Refunds Initiation | 30-Jul-19 |
| The credit of Shares to Demat Account | 31-Jul-19 |
| Share Listing Date | 1-Aug-19 |
Wonder Fibromats IPO Grey Market Premium
The Wonder Fibromats IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Wonder Fibromats IPO Price
The face value of each share is Rs 10, but the price band of the IPO is not yet disclosed.
Wonder Fibromats IPO Issue Size
Issue of 22,51,200 Equity Shares of the face value of Rs.10/- each.
Wonder Fibromats – Company Overview
Wonder Fibromats Limited was originally incorporated in Delhi as “Wonder Fibromats Private Limited” on under the provisions of the Companies Act issued by the Registrar of T of Delhi & Haryana. Consequent upon the conversion of the Company name was changed to “Wonder Fibromats Limited” vide issued by the Registrar of Companies, Delhi.
The Company is engaged in the manufacturing of ceiling fans, exhaust, pedestals, and brushless DC All the parts & components of the fans are tested stringently at the in-house quality management lab for their flawless performance. Moreover, various R&D activities are conducted by professionals to remain abreast of the latest market requirements and competition.
Currently, they have also started the following business activities:
- Trading of perfumed incense sticks
- Contract Farming
- Project- Agency (Sale, Marketing,) of Navigation Equipment and Maritime consultancy for aids to navigation in the state of Gujarat.
- Distribution Project of E-Vehicles
- Marketing arrangement for Terra Technologies and services
Wonder Fibromats – Company Financials
On the basis of the Standalone statement:-
| Amount (in INR & Lakhs) | ||||||
| 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | |
| Total Assets | 13038.37 | 12,582.65 | 6,675.75 | 5,242.34 | 4,310.26 | 911.08 |
| Total Revenue | 30663.90 | 29,486.85 | 16,564.89 | 13,741.19 | 7,202.80 | – |
| Total Expense | 29719.25 | 28,206.63 | 15,518.42 | 13,148.92 | 7,051.07 | – |
| Profit After Tax | 613.84 | 797.30 | 509.16 | 163.73 | (227.48) | – |
Wonder Fibromats IPO Lead Managers
| Lead Managers |
| NAVIGANT CORPORATE ADVISORS LIMITED 423, A Wing, Bonanza, Sahar Plaza Complex, J B Nagar, Andheri Kurla Road, Andheri East, Mumbai-400 059 Tel No. +91-22-41204837/49735078 Email Id- navigant@navigantcorp.com Investor Grievance Email: info@navigantcorp.com Website: www.navigantcorp.com SEBI Registration Number: INM000012243 Contact Person: Mr. Sarthak |
Wonder Fibromats IPO Registrar to Offer
| Registrar to the Offer |
| KARVY FINTECH PRIVATE LIMITED Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad 500 032 Tel : +91 40 6716 2222 Fax: + 91 40 2343 1551 Website: https://karisma.karvy.com E-mail: einward.ris@karvy.com Investor Grievance E-mail: wonderfibromats.ipo@karvy.com Contact Person: Mr. M Murali Krishna SEBI Registration: INR000000221 |
Wonder Fibromats IPO Conclusion
Wonder Fibromats Financial IPO News
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