Wonder Fibromats IPO – Dates, Allotment, Bid Details, Subscribe, Price & Size

In this article, we will discuss in details about the Wonder Fibromats Financial IPO dates, size, its 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 DateJuly 22, 2019
Close DateJuly 24, 2019
IPO Price Band
Face ValueRs. 10
No. of Shares22,51,200
Share PriceRs. 90
Share PremiumRs. 80
IPO SizeRs. 2,001.60 lakhs

IPO - 100% Allotment


Summary – Wonder Fibromats Limited

Wonder Fibromats IPOThe Company is engaged in the manufacturing of ceiling fans, exhaust, pedestal, and brushless DC. All the parts & components of the fans are tested stringently at the in-house quality management lab 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 CAGR of 59.97% in Total revenue of the Company of Rs. 29,486.85 Lacs in fiscal ended March 31, 2018, and in fiscal ended March 31, 2017, CAGR of 51.65% in Total revenue of the Company of Rs. 16564.89 Lacs. Similarly, they have achieved CAGR of 90.78% in Total 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 consists 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 been 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 / DateNIIRIITotal Subscription
1st Day – July 220.45x0.01x0.23x
2nd Day – July 230.53x0.03x0.28x
3rd Day – July 241.38x0.15x0.76x
4th Day – July 251.41x0.15x0.78x
5th Day – July 262.17x0.15x1.16x
6th Day – July 292.17x0.16x0.17x
Shares Offered or Net Issue1,056,0001,056,0002,112,000

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 Finalization29-Jul-19
Refunds Initiation30-Jul-19
Credit of Shares to Demat Account31-Jul-19
Share Listing Date1-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 at 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, pedestal and brushless DC All the parts & components of the fans are tested stringently at the in-house quality management lab 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:

  1. Trading of perfumed incense sticks
  2. Contract Farming
  3. Project- Agency (Sale, Marketing,) of Navigation Equipment and Maritime consultancy for aids to navigation in the state of Gujarat.
  4. Distribution Project of E-Vehicles
  5. Marketing arrangement for Terra Technologies and services

Wonder Fibromats – Company Financials

On the basis of Standalone statement:-

Amount (in INR & Lakhs)
31-Mar-1931-Mar-1831-Mar-1731-Mar-1631-Mar-1531-Mar-14
Total Assets13038.3712,582.656,675.755,242.344,310.26911.08
Total Revenue30663.9029,486.8516,564.8913,741.197,202.80
Total Expense29719.2528,206.6315,518.4213,148.927,051.07
Profit After Tax613.84797.30509.16163.73(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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