WOL 3D India was incorporated on November 01, 1988. The company provides 3D printing solutions that facilitate easier prototyping, with applications across various sectors such as manufacturing, education, engineering, architecture, interior design, fashion design, product design, medical, and dental fields.
| Bidding Dates |
|---|
| 23 Sep 2024 - 25 Sep 2024 |
| Subscription |
|---|
| 347x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,42,000 | 1 | 1 | 1000 | 1.7 M | ₹142 - ₹150 | 65.48 % | ₹242.0 M - ₹255.6 M | RHP DOC |
WOL 3D India Ltd. IPO SUBSCRIPTION STATUS
25 Sep '24WOL 3D India Ltd. IPO overall subscription rate was 347 times the total available shares
WOL 3D India Ltd. IPO retail subscription rate was 488.49 times in the retail segment
WOL 3D India Ltd. IPO non-institutional investor subscription rate was 994.83 times in the non-institutional investor category
WOL 3D India Ltd. IPO Qualified Institutional Bidder subscription rate was 53.6 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
25 Sep 2024 (Day 3) | 488.49x | 994.83x | 53.6x |
24 Sep 2024 (Day 2) | 117.37x | 84.43x | 2.09x |
23 Sep 2024 (Day 1) | 35.78x | 15.77x | 1.1x |
WOL 3D India Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 50.3 | 395.9 | 24.4 | 22.6 | 17.5% |
| FY23 | 24.1 | 233.1 | -13.9 | -16.5 | 15.3% |
| FY22 | 8.4 | 196.9 | -10.9 | -14.5 | 5.8% |
WOL 3D India Ltd. IPO SUBSCRIPTION STATUS DETAILS
WOL 3D India Ltd. had 1.7 M shares on offer
WOL 3D India Ltd. IPO offer price was in the range ₹142 - ₹150
WOL 3D India Ltd. IPO minimum Investment was ₹142000
WOL 3D India Ltd. IPO issue size was ₹ 242.0 M - ₹ 255.6 M
WOL 3D India Ltd. had a minimum lot size of 1000 Shares per application
WOL 3D India Ltd. NUMBER OF SHARES ON OFFER
WOL 3D India Ltd. IPO IMPORTANT DATES
| Issue Open Date | 23 Sep 2024 |
| Issue close Date | 25 Sep 2024 |
| Allotment Date | 26 Sep 2024 |
| Refund Date | 26 Sep 2024 |
| Demat Account Credit Date | 27 Sep 2024 |
| Listing Date | 30 Sep 2024 |
| Listing on Exchange(s) | NSE |
| WOL 3D India Ltd. Allotment Status | Exchange |
WOL 3D India Ltd. IPO subscription opened on 23 Sep 2024, and closed on 25 Sep 2024
IPO allotment for WOL 3D India Ltd. was finalized on Thursday, 26 Sep 2024
IPO listing for WOL 3D India Ltd. was on NSE on Monday, 30 Sep 2024
WOL 3D India Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 150.0 |
| Listing Open Price | 180.1 |
| Listing Close Price | 189.1 |
| Listing Gain% | 20.0% |
| Current Gain% | -5.3% |
WOL 3D India Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WOL 3D India Ltd. | 142 | 91.6 | 13.7 | 0.7 | 0.9 | 15.5 | 9.3 | 99.1 | 101 | 6.7 | 19.2 | 10.3 | 19.2 |
| Sagility Ltd. | 43.7 | 20443.4 | 20.6 | 0.4 | 2.7 | 9.6 | 7.3 | 7290.8 | 29.6 | 924.8 | 71.5 | 2.1 | 49.2 |
| International Gemological Institute Ltd. | 355.8 | 15376.2 | 25.2 | 1 | 11.3 | 47.8 | 38.3 | 1661.9 | 52.7 | 711.2 | 66.4 | 14.1 | 24.3 |
| Indiabulls Ltd. | 29.4 | 6855.8 | 16.4 | 0 | 6.2 | 8.9 | 6.6 | 880.8 | 172602 | 273.9 | 501.6 | 1.8 | 739.2 |
| SIS Ltd. | 435 | 6146.2 | 41.9 | 0.2 | 0.4 | 5.4 | 1.8 | 16030.1 | 20.9 | 137.8 | 1069.1 | 10.4 | 261.6 |
| eMudhra Ltd. | 538.8 | 4462.3 | 38.8 | 1.5 | 6 | 11.8 | 8.9 | 713.2 | 35.1 | 107.8 | 27.4 | 13.9 | 25.5 |
WOL 3D India Ltd. INFORMATION ON IPO ISSUE
About WOL 3D India Ltd.
WOL 3D India was incorporated on November 01, 1988. The company provides 3D printing solutions that facilitate easier prototyping, with applications across various sectors such as manufacturing, education, engineering, architecture, interior design, fashion design, product design, medical, and dental fields.
Object of the Issue
- Repayment in full or in part, of certain of its outstanding borrowings.
- To meet working capital requirements.
- General corporate purpose.
WOL 3D India Ltd. - PROMOTERS
| Name |
|---|
| Rahul Virendra Chandalia |
| Saloni Rahul Chandalia |
| Pradeep Shripal Jain |
| Swati Pradeep Jain |
WOL 3D India Ltd. Lead Manager of the Issue
Hem Securities Limited
ib@hemsecurities.com
WOL 3D India Ltd. Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
WOL 3D India Ltd. Strengths
Dedicated after-sales network
The company offers a dedicated after-sales network focused on customer satisfaction, with a support team handling troubleshooting, training, and installation of 3D printers, scanners, and spare parts. Engineers provide onsite training to ensure smooth installation and operation of the machines
Well connected distribution network
The company believes that integrating its supply chain and distribution network with its manufacturing facility gives it a competitive edge in the Indian 3D printing industry
WOL 3D India Ltd. Risks
Termination of authorization
The company is an authorized distributor for international 3D printer brands in India. These authorizations are typically valid for a limited period, and if terminated or not renewed on favorable terms, the company's operations could be negatively impacted
Product defects and liability issues
Defects in imported hardware or filaments, whether from third-party suppliers or manufacturing flaws, could damage the company's reputation and cause negative publicity
Import restrictions
The company relies heavily on imported products, raw materials, and components for its manufacturing and assembly processes. In FY24, imports accounted for 85.2% of total purchases. Restrictions on imports or rising shipment costs could adversely affect its business, cash flows, and operational results
IPO FAQs
This IPO consists of an offer for sale of up to Rs 3.8 crore, of 252,000 shares. It also consists of a fresh issue of Rs 21.8 crore.
The promoters of the company are Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain and Swati Pradeep Jain.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 142.0 - 150.0.
The IPO application opens on Sep 23, 2024 and closes on Sep 25, 2024.
The minimum lot size for the IPO is 1000. The maximum lot size for the IPO is 1000.
For all category investors, the minimum application amount for this IPO is Rs. 142,000.0, the maximum value for this IPO is Rs 150,000.0.
This IPO will be allotted on Sep 26, 2024.
The refund will be credited to your account on Sep 26, 2024.
The allotted shares will be credited to your demat on Sep 27, 2024.
WOL 3D India Ltd.’s shares listed on the stock exchanges on Sep 30, 2024.