WOL 3D India Limited IPO : WOL 3D IPO
WOL 3D India Limited IPO Launch at 23 – 25 September 2024 , investors start watching company details and key factors which they can relate whether company give profit or not , so here this is post of WOL 3D India Limited where everyone can see company details and evaluate its future :
WOL 3D India Limited is a company offering comprehensive 3D printing solutions across various sectors such as manufacturing, education, engineering, and healthcare. Here’s a summary of key points that may help in deciding on an investment:
Key Details:
- IPO Date: Open from September 23-25, 2024, with a price band of ₹142-₹150 per share.
- Issue Size: ₹25.56 crores, with a fresh issue of 1,452,000 shares.
- Listing: Expected on the NSE SME on September 30, 2024.
- Lot Size: Minimum investment of 1000 shares (₹150,000).
Financial Performance:
- Revenue Growth: The company showed significant growth with revenue increasing from ₹2,037.03 lakhs in FY22 to ₹4,001.43 lakhs in FY24.
- Profitability: Profit after tax has risen from ₹84.42 lakhs in FY22 to ₹503.3 lakhs in FY24.
- Key Ratios: Return on equity (ROE) and return on capital employed (ROCE) have improved, showing better financial health.
Strengths:
- WOL 3D is an India-based brand with a diverse product portfolio including 3D printers, scanners, and consumables.
- It has its own filament manufacturing unit, which ensures consistent quality and cost efficiency.
- The company is well-positioned in the growing 3D printing market and serves various industries, from engineering to fashion design.
Risks:
- Limited geographical presence compared to global competitors.
- Dependence on imported 3D printers for certain products, which may pose a challenge if global supply chains are disrupted.
Investment Use:
- Proceeds from the IPO will primarily be used for repayment of borrowings, working capital needs, and general corporate purposes.
Overall, WOL 3D India Limited Company IPO appears to be a growing company with strong financials and future expansion plans, making it an interesting option for investors who are keen on the rapidly expanding 3D printing sector.
WOL 3D India Limited IPO : Company Overview
WOL 3D India Limited is a fast-growing company offering comprehensive 3D printing solutions to various industries, including manufacturing, education, engineering, architecture, interior design, and healthcare. Incorporated in 1988, the company has developed a strong market presence in India by providing advanced 3D printing hardware consumables and prototyping services.
WOL 3D’s product portfolio includes 3D printers, scanners, laser engravers, pens, and high-quality filaments and resins. These products cater to the increasing demand for 3D printing technology across industries. The company also offers prototyping services using FDM (Fused Deposition Modeling), SLA (Stereolithography), and SLS (Selective Laser Sintering) technologies, providing solutions for CAD/CAM modeling, reverse engineering, and vacuum casting. These services enable businesses to bring innovative ideas to life with precision.
A key strength of WOL 3D is its filament manufacturing facility in Bhiwandi, Maharashtra, certified with ISO 9001:2015, ROHS, CE, and BIS standards, ensuring high-quality products. The company operates from branch offices in major Indian cities such as Delhi, Hyderabad, Bangalore, and Mumbai, while its products are available on e-commerce platforms like Amazon, Flipkart, and Jiomart, along with retail chains like Croma and Crosswords.
In WOL 3D India Limited IPO, the company aims to raise ₹25.56 crores, using the funds for repayment of borrowings, working capital, and general corporate purposes. The IPO consists of a fresh issue of 1,452,000 shares and is set to list on the NSE SME exchange.
WOL 3D’s robust financial performance, with increasing revenue and profits, reflects its growth potential. With continued investment in research and development, the company aims to remain at the forefront of the 3D printing industry.
These are key factors about WOL 3D India Limited IPO , which is launched today and investors must take into consideration these all points which may have profitable for them.