Manufacturing and Packaging

 

Excellent Wires and Packaging Limited IPO Details

 

Face Value: ₹10 per share
Price: ₹90 per share 

Lot Size: 1600 shares 

Fresh Issue: 1,400,000 shares

Listing Date: September 19, 2024

 

Excellent Wires and Packaging Ltd was established in 2021 and is headquartered in Palghar, Maharashtra. The company is a well-known manufacturer of high-quality wire products and packaging solutions. Bhavya Vasant Shah, Rachit Paresh Masalia, and Darshil Hasmukh Shah are the promoters of Excellent Wires and Packaging.

 

The company is highly dedicated to providing products that not only meet but go beyond international standards. It is constantly working on improving its processes to ensure the best quality and performance and to produce high-quality products that offer real value to our customers. Their Raw materials are tested thoroughly in their labs and certified external labs approved by NABL (National Accreditation Board for Testing and Calibration Laboratories).  

 

Their products have reached over 1500 customers, in 5+ countries, 25+ states and UTs, and in over 175 cities. The company’s product portfolio includes Spiral Wire, Book Stitching Wire for Manual and Auto Stitchers, Brass Rods, Brass Wires, Brass Fine Wires, EDM Wire, Spring Steel Wire, GI Spring Steel Wire, Mild Steel Wire, Galvanized MS Wire, Wire Ropes, PVC Coated Wire Ropes, PP Strapping Rolls, and BOPP Self-Adhesive Tapes.

 

The company’s revenue increased by 6% and Profit After Tax (PAT) rose by 696% in FY24. 

 

Manufacturing and Automotive

 

Tolins Tyres Limited IPO Details

 

Face Value: ₹5 per share
Price Band: ₹215 to ₹226 per share 

Lot Size: 66 shares 

Fresh Issue: 8,849,557 shares

Listing Date: September 16, 2024

 

Tolins Tyres Ltd was founded by the Late K.P. Varkey in 1982 and the promoters of the company are Kalamparambil Varkey Tolin and Jerin Tolin. It started as a small-scale industry and now has become a leading producer in the tyre industry with a diverse range of products like agriculture tyres, light commercial vehicle tyres, two-wheeler tyres, three-wheeler tyres, retreading products, thread rubber, and many more with various accessories including bonding gum, tyre flaps, vulcanising solutions, etc. 

 

The company’s manufacturing plants, both in India and abroad, uphold stringent standards in quality, durability, and technology. The company’s products have received praise not just in India but also in 40 other countries, including Kenya, Jordan, the Middle East, Egypt, and East Asia.

 

Tolin Tyres use high-quality materials, invests in research and development, enforces strict quality checks, and uses the latest machinery for a goal that focuses on being the best in everything they do, from getting materials to delivering products. 

 

Conclusion

 

Excellent Wires and Tolins Tyres are launching their IPOs soon, and they look promising. Excellent Wires makes top-notch wire products, and Tolins Tyres offers high-quality tyres. Investing in these companies could be a smart move. Check them out and see if they’re a fit for your portfolio. 

 

Check out the IPOs Performance in 2024 So Far and know the process of IPO in India. Your willingness to invest must consider How to Apply for an IPO. Also, watch why you should invest in an IPO. 

 

Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.