Ultra Wiring Connectivity Systems Ltd - IPO

Ultra Wiring Connectivity Systems Ltd IPO Details

Public issue of 13,76,000 equity shares of face value of Rs.10 each fully paid up of Ultra Wiring Connectivity Systems Limited (ultra or the company or the issuer) for cash at a price of Rs. 35 per equity share (the issue price) (including a share premium of Rs. 25 per equity share) aggregating to Rs. 4.82 Crores (the issue) by the company, of which 72,000 equity shares of Rs. 35/-each full paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 13,04,000 equity shares of Rs. 35 each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.44 % and 25.06 % respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs.10 each. The issue price is Rs. 35The issue price is 3.5 times the face value.

Objective of issue

For Construction & Setting up of New unit at Plot No 300 Sector 68 IMT Faridabad by setting up a parallel production line for manufacture of connerctor and new line for manufacturing of Blade Fuse. Working Capital Requirements. General Corporate Purposes.

Ultra Wiring Connectivity Systems Ltd Contact Details

Ultra Wiring Connectivity Systems Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@ultrawiring.com

Website - www.ultrawiring.com