WOL3D India Limited IPO Details

SME

WOL3D India IPO opens for subscription on 23 Sep 2024 and closes on 25 Sep 2024. The IPO will be listed on NSE with the tentative listing date set for 30 Sep 2024.

WOL3D India IPO price band has been fixed at ₹142 – ₹150 per share.The face value is ₹10 per share with a lot size of 1000.

WOL3D India IPO total issue size comprises 17,04,000 shares (aggregating up to ₹25.56 Cr). This includes a fresh issue of 14,52,000 shares (aggregating up to ₹21.78 Cr). Offer for Sale consists of 2,52,000 shares (aggregating up to ₹3.78 Cr). Pre-issue shareholding stands at 50,00,000, which will increase to 64,52,000 post-issue.

WOL3D India IPO carries a ₹65 (43.3%) GMP, reflecting investor sentiment.

WOL3D India IPO Lot Size : Retain Minimum is 1 lot (1,000 shares) amounting to ₹150,000. Retain Maximum is 1 lot (1,000 shares) amounting to ₹150,000. SHNI Minimum is 2 lots (2,000 shares) amounting to ₹300,000.

The Lead Managers for WOL3D India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the WOL3D India Limited RHP.

WOL3D India IPO Details

Listing Price : ₹180.05 at a Premium of 20.03%
Open Date
23 Sep 2024
Close Date
25 Sep 2024
Listing Date
30 Sep 2024
Issue Price
₹142 - ₹150
Face Value
₹10 per share
Lot Size
1000
GMP
₹65 (43.3%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
5000000
Share holding post issue
6452000
Total Issue Size
17,04,000 shares (aggregating up to ₹25.56 Cr)
Fresh Issue
14,52,000 shares (aggregating up to ₹21.78 Cr)
Offer for Sale
2,52,000 shares (aggregating up to ₹3.78 Cr)

WOL3D India IPO Subscription

WOL3D India IPO Application Wise Breakup

WOL3D India IPO Dates

  • 23 Sep 2024
    Opening dateOPD
  • 25 Sep 2024
    Closing dateCOD
  • 26 Sep 2024
    Allotment Date BOA
  • 27 Sep 2024
    Initiation of RefundsIOR
  • 27 Sep 2024
    Credit of SharesCOS
  • 30 Sep 2024
    Listing dateLID

WOL3D India IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum11000₹150,000
Retain Maximum11000₹150,000
SHNI Minimum22000₹300,000
SHNI Maximum00
BHNI Minimum00

WOL3D India IPO Reservation

Promoter Holding

Pre Issue:89.53%
Post Issue:65.48%
Promoter Names:
Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain, Swati Pradeep Jain

WOL3D India IPO Valuations

ROE:61.83%
ROCE:42.50%
Debt/Equity:0.54
RoNW:47.43%
P/BV:7.07
PAT Margin (%):12.71
EPS Pre IPO:4.81
EPS Post IPO:5.61
P/E Pre IPO:31.18
P/E Post IPO:26.75

WOL3D India Financial Information

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,074.961,390.881,002.62671.94
Revenue2,741.882,371.322,037.031,683.9
Profit After Tax271.36240.5684.4288.03
Net Worth838.16566.8326.25241.83
Reserves and Surplus538.16266.8226.25141.83
Total Borrowing615.7678.98509.78336.75
Amount in ₹ Lakhs

About WOL3D India IPO

Incorporated in November 1988, WOL3D India Limited provides 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 

  1. Hardware like: 3D printers, 3D Scanners, Laser Engravers and 3D pens
  2. Consumables like 3D Filaments, 3D Resins,
  3. 3D Prototyping services and
  4. Other services.

The company manufactures 3D filaments for additive manufacturing using ABS and PLA plastics. It offers a range of products at various price points and provides prototyping services using FDM, SLA, and SLS technology, including CAD/CAM modeling, reverse engineering, and vacuum casting.

The company has four branch offices in Delhi, Hyderabad, Bangalore, and Mumbai and five franchise offices in Pune, Chennai, Coimbatore, Rajkot, and Nagarcoil.

The company's manufacturing facility in Bhiwandi, Maharashtra focuses on producing filaments for 3D Printing solutions and holds ISO 9001:2015, ROHS, CE, and BIS Certifications.

The company 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 chains outlets like CROMA and Crosswords.

Competitive Strength 

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

As of December 31, 2023, the company had 52 employees.

Strength Of WOL3D India IPO

1. Established 3D Printing Ecosystem.

2. Widespread, well connected distribution network with a presence across multiple cities, retail channels and online ecommerce platforms.

3. Dedicated after-sales network.

4. Established filament manufacturing capability for efficient backward integration.

5. Consistent focus on quality.

6. Experienced Promoter and management team.

Risk Of WOL3D India IPO

1. Its future success depends on the compay ability to promote its brand and protect the company reputation. Its failures to establish and promote the company's brand and any damage to its reputation will hinder the company's growth.

2. Its business may be adversely impacted by product defects and liability issues which may adversely affect its business, reputation and results of operations.

3. If the company fails to capitalize industry trends or partner with new brand or suppliers and commercialize new products, services and technologies that are well received by consumers in a timely manner, its operating results may be materially and adversely affected.

4. The company is authorized distributors for International 3D Printer brands in India. Such authorizations are usually valid for a limited period and if such authorizations are terminated or not renewed at favourable terms, its operations may be adversely affected.

5. Restrictions on import and an increase in shipment cost may adversely impact its business, cash flows and results of operations.

6. The company is susceptible to supply shortages and interruptions, long lead times, and price fluctuations for imported hardware and raw materials used for manufacturing filaments, any of which could disrupt its supply chain and have a material adverse impact on the company results of operations.

7. The markets in which its compete are characterized by consumers and their rapidly changing preferences, advancement in technology and therefore as a result the Company may be affected by any disruptions in the industry.

8. The company is heavily reliant on its relationships with certain online marketplaces. Disruptions to such relationships, changes in their business practices, their failure to meet payment schedules and provide timely and accurate information, or conflicts among its channels of distribution could adversely affect the company business, cash flows and results of operations.

9. The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.

10. If we fail to identify and effectively respond to changing consumer preferences and spending patterns in a timely manner, the demand for our products could decrease, causing our business, results of operations, financial condition and cash flows to be adversely affected.

Objectives WOL3D India IPO

  1. Repayment in full or in part, of certain of the outstanding borrowings;
  2. To meet Working Capital requirements.
  3. General Corporate Purpose

Company Contact Details

WOL3D India Limited
18, Ground Floor
Bombay Cotton Mill Estate, Dattaram Lad Marg
Kalachowky, Mumbai-400033
Phone: 022 23727396
Email: investor.relations@wol3d.com
Website: http://www.wol3d.com/

Registrar Contact Details

Name: Bigshare Services Pvt Ltd
Phone: +91-22-62638200

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