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 |
