Excellent Wires and Packaging Limited

Excellent Wires and Packaging is open for subscription from Wednesday, September 11, 2024, and closes on Friday, September 13, 2024. The price for this IPO is set at Rs 90 per share. Excellent Wires and Packaging' IPO is offering entirely a fresh issue of 14 lakh equity shares worth up to Rs 12.60 crore. The allotment for this new IPO is expected to be finalised on Monday, September 16, 2024. Whereas a listing of this IPO will be done on Thursday, September 19, 2024, at the NSE SME segment. The minimum and maximum lot size set for the retail category is 1 lot, i.e., 1,600 shares. For retail investors, the minimum and maximum investment amount required is Rs 144,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 3,200 shares amounting to Rs 288,000. The IPO is managed by Inventure Merchant Banker Services Private Limited, which is the book-running lead manager of this public issue. The company has appointed Bigshare Services Private Limited as the registrar for the issue.