The WOL 3D India IPO is scheduled to open on September 23, 2024, and close on September 25, 2024. This Book Built Offer aims to raise approximately ₹25.56 crores, consisting of a fresh issue worth ₹21.78 crores and an offer for sale of up to 252,000 equity shares with a face value of ₹10 each.
The IPO price band is set between ₹142 and ₹150. The allocation structure includes 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). WOL 3D India is expected to list on the NSE on September 30, 2024, with the allotment date scheduled for September 26, 2024.
For the 2024 financial year, WOL 3D India reported a revenue of ₹40.01 crores, a significant increase from ₹23.71 crores in 2023. The company also saw profits rise to ₹5.03 crores in 2024, up from ₹2.41 crores in 2023. These strong financials indicate a solid investment opportunity for long-term investors considering the IPO.
WOL 3D India IPO Objectives:
Repayment, either in full or part, of certain outstanding borrowings.
Meeting working capital requirements.
General corporate purposes.
WOL 3D India IPO Review: Should You Apply?
Review and recommendations will be updated soon.
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WOL 3D India IPO Date & Price Band Details:
| IPO Open Date: | September 23, 2024 |
| IPO Close Date: | September 25, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹142 to ₹150 Per Share |
| Issue Size: | Approx ₹25.56 Crores, 1,704,000 Equity Shares |
| Fresh Issue: | Approx ₹21.78 Crores, 1,452,000 Equity Shares |
| Offer for Sale: | Approx ₹3.78 Crores, 252,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
WOL 3D India IPO Lot Size:
To participate in the WOL 3D India IPO, investors need to apply for a minimum of 1,000 shares, which amounts to an investment of ₹150,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹ 1,50,000 |
| Retail Maximum | 1 | 1000 | ₹ 1,50,000 |
| HNI Minimum | 2 | 2000 | ₹ 3,00,000 |
WOL 3D India IPO Lot Size:
Details about the lot size of WOL 3D India IPO will be announced soon.
WOL 3D India IPO timeline:
WOL 3D India IPO will open on 23rd September and close on 25th September. The allotment is expected to be finalized by 26 September, and the stock is expected to be listed on the NSE on 30 September.
| IPO Open Date: | September 23, 2024 |
| IPO Close Date: | September 25, 2024 |
| Basis of Allotment: | September 26, 2024 |
| Refunds: | September 27, 2024 |
| Credit to Demat Account: | September 27, 2024 |
| IPO Listing Date: | September 30, 2024 |
Promoters of WOL 3D India
WOL 3D India is driven by a dedicated team of promoters: Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain, and Swati Pradeep Jain.
About WOL 3D India
Founded in 2019, WOL 3D India is a leading player in the 3D printing industry, providing advanced prototyping solutions across various sectors like manufacturing, education, engineering, architecture, fashion design, product design, and healthcare. The company’s mission is to bridge the gap between concept and production through high-quality and affordable 3D printing services.
Their product range includes everything from desktop to industrial 3D printers, as well as resin, DIY, and multi-color printers. WOL 3D India also offers hardware products such as 3D printers, scanners, laser engravers, and pens, along with consumables like 3D filaments and resins. In addition to products, the company provides 3D prototyping services and related solutions.
WOL 3D India is also recognized internationally, representing well-known 3D printer brands like Flashforge, Creality, Bambu Lab, Phrozen, and Elegoo. They import and hold registered trademarks in India for brands such as Flashforge, Fila-tech, Wol3D, and many others. The company operates four main branches in Delhi, Hyderabad, Bangalore, and Mumbai, with franchise offices in Pune, Chennai, Coimbatore, Rajkot, and Nagercoil.
WOL 3D India Financial Overview
In 2024, WOL 3D India reported a revenue of ₹40.01 crores, a significant rise from ₹23.71 crores in 2023. The company’s profits also increased, reaching ₹5.03 crores in 2024 compared to ₹2.41 crores in the previous year. These financial results highlight the company’s steady growth and profitability.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹ 16.84 | ₹ 15.61 | ₹ 0.88 | ₹ 6.72 |
| 2022 | ₹ 20.37 | ₹ 19.19 | ₹ 0.84 | ₹ 10.03 |
| 2023 | ₹ 23.71 | ₹ 20.31 | ₹ 2.41 | ₹ 13.91 |
| 2024 | ₹ 40.01 | ₹ 33.28 | ₹ 5.03 | ₹ 24.56 |
WOL 3D India IPO Valuation – FY2024
Check WOL 3D India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | 42.50% |
| EBITDA Margin: | 17.54% |
| PAT Margin: | 12.71% |
| Debt to equity ratio: | 0.54 |
| Earning Per Share (EPS): | ₹10.07 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 47.43% |
| Net Asset Value (NAV): | ₹ 21.22 |
WOL 3D India IPO Registrar
- Bigshare Services Pvt Ltd
- Phone: +91-22-6263 8200
- Email: ipo@bigshareonline.com
- Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Managers aka Merchant Bankers
Hem Securities Limited
Company Address
- 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/
WOL 3D India IPO FAQs
What is the WOL 3D India IPO?
The WOL 3D India IPO is a main-board initial public offering through which the company aims to raise ₹25.56 crores. The price per equity share is set between ₹142 and ₹150, and the shares will be listed on the NSE.
When will the WOL 3D India IPO open for subscription?
The IPO will open for subscription on September 23, 2024, and close on September 25, 2024. It will be available to Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the allocation for different investor categories in the WOL 3D India IPO?
The investor allocation is as follows: 50% for QIBs, 15% for NIIs, and 35% for Retail Investors.
How can I apply for the WOL 3D India IPO?
You can apply for the WOL 3D India IPO through ASBA (Application Supported by Blocked Amount) via your bank’s online portal. Alternatively, you can apply using UPI through your stock broker or fill out an offline application through your broker.
What is the issue size of the WOL 3D India IPO?
The total issue size of the WOL 3D India IPO is ₹25.56 crores.
What is the price band for the WOL 3D India IPO?
The price band for the IPO is set between ₹142 and ₹150 per share.
What is the lot size for the WOL 3D India IPO?
The minimum lot size for the WOL 3D India IPO is 1,000 shares, which will require an investment of approximately ₹150,000.
