WOL 3D India Limited IPO

NiftyTrader • September 17, 2024

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WOL 3D India Limited IPO

WOL 3D India Limited IPO opens on September 23, 2024, and closes on September 25, 2024. The allotment for the WOL 3D India Limited IPO is expected to be finalized on Thursday, September 26, 2024. WOL 3D India Limited IPO will list on NSE SME with a tentative listing date fixed as Monday, September 30, 2024.

WOL 3D IPO price band is set at ₹142 to ₹150 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹150,000. The minimum lot size investment for HNI is 2 lots (2,000 shares) amounting to ₹300,000.

WOL 3D IPO is a book-built issue of Rs 25.56 crores. The issue combines a fresh issue of 14.52 lakh shares aggregating to Rs 21.78 crores and an offer for sale of 2.52 lakh shares aggregating to Rs 3.78 crores.

WOL 3D IPO Details

IPO Date	September 23, 2024 to September 25, 2024
Listing Date	[.]
Face Value	₹10 per share
Price	₹142 to ₹150 per share
Lot Size	1000 Shares
Total Issue Size	1,704,000 shares (aggregating up to ₹25.56 Cr)
Fresh Issue	1,452,000 shares (aggregating up to ₹21.78 Cr)
Offer for sale	252,000 shares of ₹10 (aggregating up to ₹3.78 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Shareholding pre-issue	5,000,000
Shareholding post-issue	6,452,000
Market Maker portion	88,000 shares

WOL 3D IPO Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The table below depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amounts.

Application	Lots	Shares	Amount
Retail (Min)	1	1000	₹150,000
Retail (Max)	1	1000	₹150,000
S-HNI (Min)	2	2000	₹300,000

WOL 3D IPO Objectives

The Company proposes to utilize the funds which are being raised through the Fresh Issue towards funding the following objects:

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

About WOL 3D India Limited

Incorporated in November 1988, WOL 3D India Limited specializes in 3D printing solutions, offering a comprehensive range of products and services including 3D printers, scanners, laser engravers, filaments, and prototyping services. The company caters to diverse sectors such as manufacturing, education, and design with a robust portfolio featuring hardware, consumables, and advanced prototyping technologies like FDM, SLA, and SLS. Operating from its ISO-certified manufacturing facility in Bhiwandi and with branch and franchise offices across major Indian cities, WOL 3D India ensures wide accessibility and strong customer support. As of August 31, 2024, the company employs 77 professionals dedicated to maintaining high-quality standards and efficient service.

WOL 3D India Limited Financial Information

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,456.27	1,390.88	1,002.62	671.94
Revenue	4,001.43	2,371.32	2,037.03	1,683.9
Profit After Tax	503.3	240.56	84.42	88.03
Net Worth	1,061.22	566.8	326.25	241.83
Reserves and Surplus	761.22	266.8	226.25	141.83
Total Borrowing	572.6	678.98	509.78	336.75
				Amount in ₹ Lakhs

WOL 3D IPO Reservation

Investor Category	Shares Offered
QIB Shares Offered	Not more than 50.00% of the Net offer
Retail Shares Offered	Not less than 35.00% of the Net Offer
NII (HNI) Shares Offered	Not less than 15.00% of the Net Offer

WOL 3D IPO Timeline

WOL 3D IPO opens on September 23, 2024, and closes on September 25, 2024.

IPO Open Date	Monday, September 23, 2024
IPO Close Date	Wednesday, September 25, 2024
Basis of Allotment	Thursday, September 26, 2024
Initiation of Refunds	Friday, September 27, 2024
A credit of Shares to Demat	Friday, September 27, 2024
Listing Date	Monday, September 30, 2024
Cut-off time for UPI mandate confirmation	5 PM on September 25, 2024