Ultra Wiring Connectivity Systems IPO Review

Ultra Wiring Connectivity Systems is engaged in the business of manufacturing of Couplers, Connectors and allied products for automobiles. It is a Haryana based company. Per month the company business covers 120-135 lakhs couplers. Here, besides stating Ultra Wiring Connectivity Systems IPO Review there are issue details, company fundamentals. For analyzing an IPO, one needs to go through the qualitative and quantitative details of the particular company and industry. Sometimes, the information regarding comparable peers is also necessary for getting a progress report of the company.

Ultra Wiring Connectivity Systems IPO Review Issue Details :

  • IPO Opens on – October 12, 2018.
  • IPO Closes on – October 17, 2018.
  • Issue Type – Fixed Price Issue IPO.
  • Face Value – Rs.10 per Equity Share.
  • Issue Price – Rs. 35 Per Equity Share.
  • Min Order Quantity – 4000 shares.
  • Market Lot – 4000 shares.
  • Issue Size – 1,376,000 Equity Shares of Rs. 10 aggregating up to Rs. 4.28 Cr.
  • Listing Exchange At – NSE SME Exchange.
  • Draft Prospectus – Download.

Objectives of the issue of the Company :

  • The object of the issue of this company for setting up of New Unit by setting up a parallel production line for the manufacture of Connector and New Line for manufacturing of Blade Fuse.
  • Working capital requirements of Ultra Wiring Connectivity Systems Limited.
  • General corporate purposes of this company.
  • Expenses of the issue of Ultra Wiring Connectivity Systems Limited.

About The Company –

  • Ultra Wiring Connectivity Systems is incorporated in 2005.
  • This company has a manufacturing plant situated near Delhi at HSIDC Industrial Area, Faridabad.
  • Ultra Wiring Connectivity Systems has owned a Godown in Pune and an under-construction unit in ‘Industrial Model Town’ of Faridabad.
  • The manufacturing plant of this company is equipped with 26 Fully Automatic- PLC Controlled Injection Moulding Machines supported by a well-equipped Tool-Room.
  • Ultra Wiring Connectivity Systems is supplying Couplers to almost all the automobile manufacturers in India.
  • This company is an approved source for Tata Motors, Bajaj Auto Ltd., Maruti Udyog Ltd, TVS Motors, Kinetic Engg, etc.
  • Ultra Wiring Connectivity Systems is also supplying their connectors to many valued customers all over India manufacturing wiring harnesses, switches, lights, etc. for Auto-industries such as Tyco Electronics Ltd., Tata Yazaki Autocomp or Yazaki India Ltd,Minda Group of Industries, Lumax Group of Industries, Fiem Industries Ltd and also exporting to M/s Thai Summit Harmless, Thailand and Fujikura Automotive, Paraguay (SA) etc., all of these are very discerning about quality and performance of this company.

Ultra Wiring Connectivity Systems LimitedUltra Wiring Connectivity Systems Ltd

Products of Ultra Wiring Connectivity Systems :

  • C-110 series.

  • C-250 series.

  • Bulb Holders.

  • Covers and Brackets.

  • Hybrid Connectors.

  • Cable Ties and Clips.

  • C-315 and C-350 series.

  • C-090 RT series.

  • C-90 W.P series.

  • Bobbin Spool.

  • Miscellaneous.

Top Shareholders of the Company :

  • Mr. Sanjay Mathur.
  • Mrs. Archana Mathur.
  • Mr. Vaibhav Mathur.
  • Mrs. Parul Mathur.
  • Mr. Partap Narayan Mathur.
  • Mr. Naveen Kumar Mathur.
  • Mrs. Shelly Mathur.

Location :

Plant or Head Office Faridabad of Ultra Wiring Connectivity Systems :

Plot No. 287- A and B, Sector-59,
HSIDC Industrial Estate, Ballabgarh,
Faridabad-121004, Haryana (India).
Phone no. : +91-129-4000362,
Fax : +91-129-4154323.
Email: [email protected]
Website: www.ultrawiring.com

Unit II at Faridabad :

Plot No. 287, Sector-59,
HSIDC Industrial Estate, Ballabgarh,
Faridabad.

Pune Plant of this company :

Nanekarwadi, Chakan,
Dist.- Pune (Maharashtra).

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Uttrakhand Plant of Ultra Wiring Connectivity Systems :

F-21, UPSIDC Industrial Area-I,
Vill.-Pipliya, Tehsil-Bajpur,
(Uttrakhand).

The promoter of Ultra Wiring Connectivity Systems :

  • Mr. Sanjay Mathur, aged 54 years, is the Promoter and Managing Director of this company.
  • Mrs. Archana Mathur, aged 49 years, is the Promoter and Executive Director of this company.

The Board of Directors of this company :

  • Mr. Sanjay Mathur, aged 54 years, is the Promoter and Managing Director of this company.
  • Mrs. Archana Mathur, aged 49 years, is the Promoter and Executive Director of this company.
  • Mr. Rajindarr Ahuja, aged 53 years, is the Independent and Non-Executive Director of this company.
  • Mr. Aditya Mathur, aged 55 years is the Independent and Non-Executive Director of this company.

Competitive Strengths of Ultra Wiring Connectivity Systems :

  • The main strength of this company is delivering international standard connectors with cost-effectiveness and timely delivery of the products at desired destinations.
  • To manufacture connectors which are standardized and ISO 8092-2/2000E as per specific requirement of the customers of Ultra Wiring Connectivity Systems Limited.
  • Another strength of this company is to be a globally competitive organization providing the best connecting solutions.

Business Strategies for this company :

  • The main business strategies are Technology and Operational Excellence.
  • Attract and retain talented employee of Ultra Wiring Connectivity Systems Limited.
  • Increased focus on Oracle-based services of this company.
  • One of the strategies of Ultra Wiring Connectivity Systems Limited is a strong business development and sales team.
  • Develop and maintain relationships with the clients of this company.
  • Ultra Wiring Connectivity Systems Limited’s enhancing operating effectiveness and efficiency are very important business strategies.

Company Financials :

ultra wiring connectivity systems ipo

Ultra Wiring Connectivity Systems IPO Review :

The annual and the quarter profit-loss statement is attached here for Ultra Wiring Connectivity Systems IPO Review. This is a mini version of actual profit-loss in the DRHP (draft red herring prospectus) of the company. The statement says the company is going through the moderate stage. In contrast to the previous years, 2018 till Feb data represents a growth in the profit. It has crossed the 100 lakhs border in this fiscal year. Now, without any further delay let’s check out the quantitative ratios of the company. Their basic and diluted earnings per share in the fiscal year 2016-17 stands at the level of 1.95. Price to Earnings Ratio (P/E ratio) in 2017 is 17.95 as per the 1.95 EPS. Return on Net Worth of the company is 15.61 and NAV/Share is 12.52 in the FY2017. The company data represents Ultra Wiring Connectivity Systems IPO Review. Investors are advised to go for long-term horizon for the IPO.

Ankita has done her Diploma Engineering in Computer Science & Technology. She is pursuing her degree in Engineering and also well experienced in the equity market and real estate related content writing. She is the one who has developed the technical indicators section of our site.



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