WOL 3D India IPO: Unlocking the IPO in Detail

1. WOL 3D India IPO is a book-built issue of Rs 25.56 crores.
2. This upcoming IPO bidding opens on Sep 23 and closes on Sep 25, 2024.
3. WOL 3D India SME IPO price is set at Rs 142 to Rs 150 per share.
4. The minimum investment required is Rs 1,50,000.

WOL 3D India IPO: Synopsis

WOL 3D India IPO is open for subscription starting Monday, September 23, 2024, and closing on Wednesday, September 25, 2024. This upcoming IPO price is Rs 142 to Rs 150 per share. The minimum lot size set for the retail category is 1000 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2000 shares.

The minimum investment required for retail category investors is Rs 1,29,600 (150 x 1000 shares). However, for the HNI category, the minimum investment amount required is Rs 2,59,200 (150 x 2000 shares).

WOL 3D India IPO is a book-built issue of Rs 25.56 crores. This upcoming IPO is a mixture of Rs fresh issue and offer-for-sale. The fresh issue is of 14.52 lakh equity shares amounting to Rs 21.78 crores and OFS component is of 2.52 lakhs equity shares amounting to Rs 3.78 crores.

The allotment for this new IPO is expected to be finalised on Thursday, September 26, 2024. WOL 3D India IPO will be listed on NSE SME on Monday, September 30, 2024. Hem Securities Limited is the book-running lead manager, Bigshare Services Private Limited is the registrar, and Him Finlease is the market maker for this IPO.

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WOL 3D India IPO: About the company

WOL 3D India Limited was incorporated in 1988, engaged in the business of providing 3D Printing solutions, which enable easier prototyping and finding applications in various sectors, such as manufacturing, education, engineering, architecture, interior design, fashion design, product design, medical, and dental. The product portfolio of the company includes 3D printers, 3D Scanners, Laser Engravers and 3D pens, Consumables like 3D Filaments, 3D Resins, 3D Prototyping services and other services. WOL 3D India sells its products through e-commerce platforms such as Flipkart India Private Limited, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix, and Amazon Seller Services Private Limited or through retail chain outlets like CROMA and Crosswords.

WOL 3D India IPO: Objectives

The funds raised through this IPO offer will be used for the repayment of the past loans availed by the company. The remaining will be allocated for meeting the day-to-day capital needs of the company and fulfilling the general corporate purposes.

WOL 3D India IPO: Other Important Details

Time-Table of WOL 3D India IPO

WOL 3D India IPO: Financial Metrics (Amt in Rs Lakhs)

WOL 3D India posted revenue of Rs 4001 lakhs and net profit of Rs 503.30 lakhs for the period ending on 31 Mar 2024. The company’s revenue increased by 69% and net profit increased by 109% between the FY ending on 31 Mar 2024 and 31 Mar 2023.

Minimum Investment: Lot Size Details

Promoters of WOL 3D India Limited and Their Holdings

The promoters of WOL 3D India are Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain and Swati Pradeep Jain. The promoter shareholdings before the IPO were 89.53%; however, after the IPO, shareholdings will decline to 65.48%.

WOL 3D India: Strength of Company

1. India-based brand offering 3D printers, scanners, engravers, pens, filaments, resins, and prototyping services.
2. Dedicated after-sales network to provide excellent customer support and ensure the success and satisfaction of our 3D printing customers.
3. Established filament manufacturing capability for efficient backward integration.

FAQs

1. What are the details of the WOL 3D India IPO?

WOL 3D India IPO is a book-built issue of Rs 25.56 crores. This upcoming IPO is a mixture of Rs fresh issue and offer-for-sale. The fresh issue is of 14.52 lakh equity shares amounting to Rs 21.78 crores and OFS component is of 2.52 lakhs equity shares amounting to Rs 3.78 crores.

2. Who are the lead managers for the WOL 3D India IPO?

Hem Securities Limited is appointed as the book-running lead manager for the IPO.

3. What is the role of Link Intime India in this IPO?

Bigshare Services Private Limited is the registrar for WOL 3D India Limited, handling the IPO's administrative aspects.

4. How can I apply for the WOL 3D India IPO?

The public subscription of this new IPO will open on September 23, 2024. Click here to initiate the application process.

5. How will the net proceeds from the IPO be utilised?

The funds raised through this IPO offer will be used for the repayment of the past loans availed by the company. The remaining will be allocated for meeting the day-to-day capital needs of the company and fulfilling the general corporate purposes.

6. How can I check the allotment status of the IPO?

Investors who applied can check the allotment status of the WOL 3D India Limited IPO by visiting here. For further updates follow Bigul.

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