Excellent Wires and Packaging Limited IPO Review
Neutral90-90 · SME
✦
Analyst Verdict
Excellent Wires and Packaging Limited IPO
Neutral
IPO at a Glance
Price Band
90-90
Issue Size
12cr
Min. Investment
₹1,44,000
Opens
2024-09-09
Closes
2024-09-11
Listing
2024-09-17
Category
SME
Key Strengths
✓A strong reputation and long-standing customer relationships drive repeat business and referrals.
✓Optimized operations and continuous investment in new machinery enhance efficiency and profitability.
✓A diversified product portfolio caters to a broad range of customer needs across various industries.
✓Established market presence underpinned by a commitment to quality, innovation, and competitive pricing.
Key Risks
⚠Delays in facility setup: Delays or failures in setting up the new manufacturing facility at Wada could hinder growth and impact future operations and finances.
⚠Raw material price volatility: Fluctuations in metal product prices used in manufacturing could negatively affect operations, financial health, and profitability.
⚠High working capital needs: Significant working capital requirements due to reliance on B2B customers may impact operations and profitability if not managed effectively.
⚠Loss of major customers: The company operates without long-term contracts, relying on purchase orders, and any loss of significant customers could adversely affect revenues and profitability.
⚠Unsecured loan dependence: Sudden demands for repayment of unsecured loans could strain cash flows and negatively impact business operations.
Frequently Asked Questions
Should I apply for Excellent Wires and Packaging Limited IPO?
Based on our analysis, our rating for Excellent Wires and Packaging Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Excellent Wires and Packaging Limited IPO?
Delays in facility setup: Delays or failures in setting up the new manufacturing facility at Wada could hinder growth and impact future operations and finances. Raw material price volatility: Fluctuations in metal product prices used in manufacturing could negatively affect operations, financial health, and profitability. High working capital needs: Significant working capital requirements due to
What are the strengths of Excellent Wires and Packaging Limited IPO?
A strong reputation and long-standing customer relationships drive repeat business and referrals. Optimized operations and continuous investment in new machinery enhance efficiency and profitability. A diversified product portfolio caters to a broad range of customer needs across various industries.
What is the price band of Excellent Wires and Packaging Limited IPO?
The price band for Excellent Wires and Packaging Limited IPO is 90-90. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more