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EXCELLENT IPO

Excellent Wires and Packaging Limited
Start Date11-09-2024
Application Timing10am-5pm
Price Range₹90 - ₹90
Min Qty1600
Min. Investment₹144000
Listing DateNA
Close Date13-09-2024

About Excellent Wires and Packaging Limited

Incorporated in March 2021, Excellent Wires and Packaging Limited manufactures a wide range of wires and wire ropes under the brand name "Excellent", including various types such as Spring Steel Wire, High Carbon Wire, Galvanised Wire (GI Wire), and others for multiple applications.

The company's products can be categorised into the following

  • Brass Wires & Products
  • Steel Wires & Products
  • Other Products viz. Packaging Products

The company's products are supplied to various industries such as Packaging, Engineering, Stationery, Imitation Jewellry, Wires & Cable etc.

Why To Invest in Excellent Wires and Packaging Limited

The Company proposes to utilise the Net Proceeds from the Fresh Issue towards:

  • Acquisition of Land and construction of Building
  • Acquisition of Plant & Machineries
  • Funding additional Working capital requirements
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